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Current Water Technologies (Current Water Technologies) Goodwill-to-Asset : 0.00 (As of Dec. 2023)


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What is Current Water Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Current Water Technologies's Goodwill for the quarter that ended in Dec. 2023 was $0.00 Mil. Current Water Technologies's Total Assets for the quarter that ended in Dec. 2023 was $1.57 Mil. Therefore, Current Water Technologies's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 was 0.00.


Current Water Technologies Goodwill-to-Asset Historical Data

The historical data trend for Current Water Technologies'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.

Current Water Technologies Goodwill-to-Asset Chart

Current Water Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Current Water Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Current Water Technologies's Goodwill-to-Asset

For the Pollution & Treatment Controls subindustry, Current Water Technologies'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.


Current Water Technologies's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Current Water Technologies's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Current Water Technologies's Goodwill-to-Asset falls into.



Current Water Technologies 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.

Current Water Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/1.571
=0.00

Current Water Technologies's Goodwill to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill to Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/1.571
=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.


Current Water Technologies  (OTCPK:ENPRF) 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.


Current Water Technologies Goodwill-to-Asset Related Terms

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Current Water Technologies (Current Water Technologies) Business Description

Traded in Other Exchanges
Address
70 Southgate Drive, Unit 4, Guelph, ON, CAN, N1G 4P5
Current Water Technologies Inc is engaged in the development of environmental technologies. The company offers advanced technology for the treatment of industrial and municipal wastewater and drinking water resources. It offers technology such as electro-static deionization and the treatment of total ammonia (AmmEL). Electro-static deionization is a capacitive deionization technology for the removal of total dissolved solids, whereas AmmEL is an ammonia removal technology to treat ammonia contaminated water. It operates through the following segments: The current Water segment and the Pumptronics segment. The firm generates the majority of revenue from the Pumptronics segment which develops hydraulic fluid systems to move water and other liquids.

Current Water Technologies (Current Water Technologies) Headlines

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