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Dynamic Technologies Group (Dynamic Technologies Group) Goodwill-to-Asset : 0.00 (As of Sep. 2022)


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What is Dynamic Technologies Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Dynamic Technologies Group's Goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil. Dynamic Technologies Group's Total Assets for the quarter that ended in Sep. 2022 was $25.30 Mil. Therefore, Dynamic Technologies Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 was 0.00.


Dynamic Technologies Group Goodwill-to-Asset Historical Data

The historical data trend for Dynamic Technologies Group'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.

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Dynamic Technologies Group Goodwill-to-Asset Chart

Dynamic Technologies Group Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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Dynamic Technologies Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Dynamic Technologies Group's Goodwill-to-Asset

For the Metal Fabrication subindustry, Dynamic Technologies Group'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.


Dynamic Technologies Group's Goodwill-to-Asset Distribution in the Industrial Products Industry

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

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



Dynamic Technologies Group 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.

Dynamic Technologies Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/28.568
=0.00

Dynamic Technologies Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/25.302
=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.


Dynamic Technologies Group  (OTCPK:ERILQ) 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.


Dynamic Technologies Group Goodwill-to-Asset Related Terms

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Dynamic Technologies Group (Dynamic Technologies Group) Business Description

Traded in Other Exchanges
N/A
Address
717 Jarvis Avenue, Winnipeg, MB, CAN, R2W 3B4
Dynamic Technologies Group Inc focuses on designing, supplying, and installing iconic, media-based attractions and ride systems for the global theme park industry. It operates in the segments of Ride-Systems Manufacturing, Parts and Service and others. These include designing and manufacturing complex ride systems, and Provider of parts and maintenance services to existing ride systems. It also uses these same engineering integration skills for special projects in diversified industries such as large optical telescopes and enclosures.

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