DCAC (Danielsorate Advisory Co) Goodwill-to-Asset: 0.00 (As of Aug. 2022)

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What is Danielsorate Advisory Co Goodwill-to-Asset?

Danielsorate Advisory Co DCAC -99.00% Goodwill-to-Asset is 0.00 as of Aug. 2022.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Danielsorate Advisory Co's Goodwill for the quarter that ended in Aug. 2022 was $0.00 Mil. Danielsorate Advisory Co's Total Assets for the quarter that ended in Aug. 2022 was $0.66 Mil. Therefore, Danielsorate Advisory Co's Goodwill to Asset Ratio for the quarter that ended in Aug. 2022 was 0.00.


Danielsorate Advisory Co  (OTCPK:DCAC) Goodwill-to-Asset Explanation

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Danielsorate Advisory Co Goodwill-to-Asset Related Terms


Danielsorate Advisory Co Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Danielsorate Advisory Co's Goodwill-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Danielsorate Advisory Co Goodwill-to-Asset Chart

Danielsorate Advisory Co Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Danielsorate Advisory Co Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

DCAC vs MSYN, FLCX, AMMJ: Goodwill-to-Asset Comparison

For the Consulting Services subindustry, Danielsorate Advisory Co's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Danielsorate Advisory Co Goodwill-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Danielsorate Advisory Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Danielsorate Advisory Co's Goodwill-to-Asset falls into.



Danielsorate Advisory Co Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

Danielsorate Advisory Co's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2021 is calculated as

Goodwill to Asset (A: Nov. 2021 )=Goodwill/Total Assets
=0/1.105
=0.00

Danielsorate Advisory Co's Goodwill to Asset Ratio for the quarter that ended in Aug. 2022 is calculated as

Goodwill to Asset (Q: Aug. 2022 )=Goodwill/Total Assets
=0/0.663
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Danielsorate Advisory Co (DCAC) has a Goodwill-to-Asset of 0.00 as of Aug. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Danielsorate Advisory Co and its competitors.
Is Danielsorate Advisory Co's Goodwill-to-Asset too high?
Danielsorate Advisory Co's current Goodwill-to-Asset is 0.00.
How does Danielsorate Advisory Co's Goodwill-to-Asset compare to MSYN and FLCX?
Danielsorate Advisory Co's Goodwill-to-Asset of 0.00 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Business Services company?
A good Goodwill-to-Asset depends on the Business Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Danielsorate Advisory Co and its competitors. Danielsorate Advisory Co's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Danielsorate Advisory Co stock overvalued right now?
Danielsorate Advisory Co (DCAC) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Danielsorate Advisory Co (DCAC), the current Goodwill-to-Asset is 0.00 as of Aug. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Danielsorate Advisory Co Business Description

Address Parker Towers, 104-60, Queens Boulevard, 12th Floor Forest Hills, New York, NY, USA, 11375
Daniels Corporate Advisory Co Inc through its subsidiaries is engaged in the business of offering corporate financial consulting services and merchant banking services. The company's divisions include the flip and credit rebuilding division. Its goal of providing advisory services to business services as well as non-business services client companies. Merchant banking includes equity funding of the growth of client and service companies, as well as funding equity of small public companies.