ELMSQ (Electric Last Mile Solutions) Goodwill-to-Asset: 0.00 (As of Sep. 2021)

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What is Electric Last Mile Solutions Goodwill-to-Asset?

Electric Last Mile Solutions ELMSQ Goodwill-to-Asset is 0.00 as of Sep. 2021.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Electric Last Mile Solutions's Goodwill for the quarter that ended in Sep. 2021 was $0.00 Mil. Electric Last Mile Solutions's Total Assets for the quarter that ended in Sep. 2021 was $385.98 Mil. Therefore, Electric Last Mile Solutions's Goodwill to Asset Ratio for the quarter that ended in Sep. 2021 was 0.00.

Electric Last Mile Solutions  (OTCPK:ELMSQ) 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.

Electric Last Mile Solutions Goodwill-to-Asset Related Terms

Electric Last Mile Solutions Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Electric Last Mile Solutions'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.

Electric Last Mile Solutions Goodwill-to-Asset Chart

Electric Last Mile Solutions Annual Data
Trend
Goodwill-to-Asset

Electric Last Mile Solutions Quarterly Data
Jun21 Sep21
Goodwill-to-Asset 0.00 0.00

ELMSQ vs EVTV, AYRO, VLCN: Goodwill-to-Asset Comparison

For the Auto Manufacturers subindustry, Electric Last Mile Solutions'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.

Electric Last Mile Solutions Goodwill-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electric Last Mile Solutions's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Electric Last Mile Solutions's Goodwill-to-Asset falls into.


Electric Last Mile Solutions 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.

Electric Last Mile Solutions's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
=/
=

Electric Last Mile Solutions's Goodwill to Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

Goodwill to Asset (Q: Sep. 2021 )=Goodwill/Total Assets
=0/385.982
=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?
Electric Last Mile Solutions (ELMSQ) has a Goodwill-to-Asset of 0.00 as of Sep. 2021. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Electric Last Mile Solutions and its competitors.
Is Electric Last Mile Solutions' Goodwill-to-Asset too high?
Electric Last Mile Solutions' current Goodwill-to-Asset is 0.00.
How does Electric Last Mile Solutions' Goodwill-to-Asset compare to EVTV and AYRO?
Electric Last Mile Solutions' Goodwill-to-Asset of 0.00 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Goodwill-to-Asset depends on the Vehicles & Parts 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 Electric Last Mile Solutions and its competitors. Electric Last Mile Solutions'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 Electric Last Mile Solutions stock overvalued right now?
Electric Last Mile Solutions (ELMSQ) 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 Electric Last Mile Solutions (ELMSQ), the current Goodwill-to-Asset is 0.00 as of Sep. 2021. 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.

Electric Last Mile Solutions Business Description

Address 1055 West Square Lake Road, Troy, MI, USA, 48098
Electric Last Mile Solutions Inc is focused on redefining the last mile with efficient, connected, and customizable solutions. Its first vehicle, the Urban Delivery, is anticipated to be the first Class 1 commercial electric vehicle in the U.S. market.