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DVVDF (Dividend Select 15) Goodwill-to-Asset : 0.00 (As of May. 2024)


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What is Dividend Select 15 Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Dividend Select 15's Goodwill for the quarter that ended in May. 2024 was $0.00 Mil. Dividend Select 15's Total Assets for the quarter that ended in May. 2024 was $36.68 Mil. Therefore, Dividend Select 15's Goodwill to Asset Ratio for the quarter that ended in May. 2024 was 0.00.


Dividend Select 15 Goodwill-to-Asset Historical Data

The historical data trend for Dividend Select 15'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.

* Premium members only.

Dividend Select 15 Goodwill-to-Asset Chart

Dividend Select 15 Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Goodwill-to-Asset
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Dividend Select 15 Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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Competitive Comparison of Dividend Select 15's Goodwill-to-Asset

For the Asset Management subindustry, Dividend Select 15'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.


Dividend Select 15's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Select 15's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Dividend Select 15's Goodwill-to-Asset falls into.



Dividend Select 15 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.

Dividend Select 15's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Goodwill to Asset (A: Nov. 2023 )=Goodwill/Total Assets
=0/39.287
=0.00

Dividend Select 15's Goodwill to Asset Ratio for the quarter that ended in May. 2024 is calculated as

Goodwill to Asset (Q: May. 2024 )=Goodwill/Total Assets
=0/36.677
=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.


Dividend Select 15  (OTCPK:DVVDF) 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.


Dividend Select 15 Goodwill-to-Asset Related Terms

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Dividend Select 15 Business Description

Traded in Other Exchanges
Address
200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend Select 15 Corp is a mutual fund corporation based in Canada. The company invests in an actively managed portfolio of common shares of core large-capitalization, Canadian companies selected from a portfolio universe of over 20 companies. The company employs an active covered call writing program to enhance the income earned from the portfolio.

Dividend Select 15 Headlines

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