EVVL (Evil Empire Designs) Goodwill-to-Asset: 0.05 (As of Sep. 2023)

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What is Evil Empire Designs Goodwill-to-Asset?

Evil Empire Designs EVVL -99.67% Goodwill-to-Asset is 0.05 as of Sep. 2023.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Evil Empire Designs's Goodwill for the quarter that ended in Sep. 2023 was $0.10 Mil. Evil Empire Designs's Total Assets for the quarter that ended in Sep. 2023 was $2.05 Mil. Therefore, Evil Empire Designs's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 was 0.05.


Evil Empire Designs  (OTCPK:EVVL) 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.


Evil Empire Designs Goodwill-to-Asset Related Terms


Evil Empire Designs Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Evil Empire Designs'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.

Evil Empire Designs Goodwill-to-Asset Chart

Evil Empire Designs Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
0.00 0.00 0.00 0.00 0.00

Evil Empire Designs Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.06 0.05

EVVL vs USLG, LFEV, FUV: Goodwill-to-Asset Comparison

For the Recreational Vehicles subindustry, Evil Empire Designs'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.


Evil Empire Designs Goodwill-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Evil Empire Designs's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Evil Empire Designs's Goodwill-to-Asset falls into.



Evil Empire Designs 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.

Evil Empire Designs's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/0.315
=0.00

Evil Empire Designs's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0.101/2.05
=0.05

* 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 0.05 mean?
Evil Empire Designs (EVVL) has a Goodwill-to-Asset of 0.05 as of Sep. 2023. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Evil Empire Designs and its competitors.
Is Evil Empire Designs' Goodwill-to-Asset too high?
Evil Empire Designs' current Goodwill-to-Asset is 0.05.
How does Evil Empire Designs' Goodwill-to-Asset compare to USLG and LFEV?
Evil Empire Designs' Goodwill-to-Asset of 0.05 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 Evil Empire Designs and its competitors. Evil Empire Designs's current Goodwill-to-Asset is 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evil Empire Designs stock overvalued right now?
Evil Empire Designs (EVVL) has a current Goodwill-to-Asset of 0.05. The current Goodwill-to-Asset is 0.05. 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 Evil Empire Designs (EVVL), the current Goodwill-to-Asset is 0.05 as of Sep. 2023. 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.

Evil Empire Designs Business Description

Address 5313 Corbett Street, Las Vegas, NV, USA, 89130
Evil Empire Designs Inc is engaged in making and selling accessories to the motorcycle market.