LITTW (Logistics Innovation Technologies) Goodwill-to-Asset: 0.00 (As of Mar. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LITTW Logistics Innovation Technologies Corp LITTW
20 GF Score
Price $0.00
View Full Analysis

What is Logistics Innovation Technologies Goodwill-to-Asset?

Logistics Innovation Technologies LITTW 20 Goodwill-to-Asset is 0.00 as of Mar. 2023. GuruFocus rates LITTW with a GF Score™ of 20/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Logistics Innovation Technologies's Goodwill for the quarter that ended in Mar. 2023 was $0.00 Mil. Logistics Innovation Technologies's Total Assets for the quarter that ended in Mar. 2023 was $348.89 Mil.


Logistics Innovation Technologies  (NAS:LITTW) 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.


Logistics Innovation Technologies Goodwill-to-Asset Related Terms


Logistics Innovation Technologies Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Logistics Innovation 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.

Logistics Innovation Technologies Goodwill-to-Asset Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Goodwill-to-Asset
0.00 0.00

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

LITTW vs CFVI, TWND, SUAC: Goodwill-to-Asset Comparison

For the Shell Companies subindustry, Logistics Innovation 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.


Logistics Innovation Technologies Goodwill-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Logistics Innovation Technologies's Goodwill-to-Asset distribution charts can be found below:

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


LITTW
20GF Score
Logistics Innovation Technologies Corp LITTW
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Logistics Innovation 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.

Logistics Innovation Technologies'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
=0/345.499
=

Logistics Innovation Technologies's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=0/348.892
=

* 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?
Logistics Innovation Technologies (LITTW) has a Goodwill-to-Asset of 0.00 as of Mar. 2023. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Logistics Innovation Technologies and its competitors.
Is Logistics Innovation Technologies' Goodwill-to-Asset too high?
Logistics Innovation Technologies' current Goodwill-to-Asset is 0.00. Overall, Logistics Innovation Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Logistics Innovation Technologies' Goodwill-to-Asset compare to CFVI and TWND?
Logistics Innovation Technologies' Goodwill-to-Asset of 0.00 can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?
A good Goodwill-to-Asset depends on the Diversified Financial Services 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 Logistics Innovation Technologies and its competitors. Logistics Innovation Technologies'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 Logistics Innovation Technologies stock overvalued right now?
Logistics Innovation Technologies (LITTW) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Logistics Innovation Technologies' overall GF Score™ is 20/100. 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 Logistics Innovation Technologies (LITTW), the current Goodwill-to-Asset is 0.00 as of Mar. 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.

Logistics Innovation Technologies Business Description

Address 3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Logistics Innovation Technologies Corp is a blank check company.
20GF Score

Get the complete analysis for LITTW

Goodwill-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price