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Alliance Growers (FRA:1LA) Goodwill-to-Asset : 0.00 (As of May. 2019)


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What is Alliance Growers Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Alliance Growers's Goodwill for the quarter that ended in May. 2019 was €0.00 Mil. Alliance Growers's Total Assets for the quarter that ended in May. 2019 was €2.30 Mil.


Alliance Growers Goodwill-to-Asset Historical Data

The historical data trend for Alliance Growers'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.

Alliance Growers Goodwill-to-Asset Chart

Alliance Growers Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Goodwill-to-Asset
- - - - -

Alliance Growers Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 - - - - -

Competitive Comparison of Alliance Growers's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Alliance Growers'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.


Alliance Growers's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Alliance Growers's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Alliance Growers's Goodwill-to-Asset falls into.



Alliance Growers 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.

Alliance Growers's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2018 is calculated as

Goodwill to Asset (A: Aug. 2018 )=Goodwill/Total Assets
=0/1.944
=

Alliance Growers's Goodwill to Asset Ratio for the quarter that ended in May. 2019 is calculated as

Goodwill to Asset (Q: May. 2019 )=Goodwill/Total Assets
=0/2.302
=

* 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.


Alliance Growers  (FRA:1LA) 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.


Alliance Growers Goodwill-to-Asset Related Terms

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Alliance Growers (FRA:1LA) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 500, Vancouver, BC, CAN, V6C 3P6
Alliance Growers Corp is a Canada based diversified cannabis company. It principally operates through the four key divisions namely, Cannabis Botany Centre, Strategic Access to Cannabis for Medical Purposes Regulations Investments, Cannabidiol Oil Supply and Distribution, and Research and Development. The company is primarily focused on the development of Cannabis Botany Centres in Canada.

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