LLLAF (Leo Lithium) Goodwill-to-Asset: 0.00 (As of Jun. 2025)

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What is Leo Lithium Goodwill-to-Asset?

Leo Lithium LLLAF Goodwill-to-Asset is 0.00 as of Jun. 2025. The stock has 2 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Leo Lithium's Goodwill for the quarter that ended in Jun. 2025 was $0.00 Mil. Leo Lithium's Total Assets for the quarter that ended in Jun. 2025 was $246.21 Mil.

Leo Lithium  (OTCPK:LLLAF) 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.

Leo Lithium Goodwill-to-Asset Related Terms

Leo Lithium Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Leo Lithium'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.

Leo Lithium Goodwill-to-Asset Chart

Leo Lithium Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Goodwill-to-Asset
0.00 0.00 0.00 0.00

Leo Lithium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

LLLAF vs LITM, XPL, TMRC: Goodwill-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Leo Lithium'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.

Leo Lithium Goodwill-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Leo Lithium's Goodwill-to-Asset distribution charts can be found below:

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


Leo Lithium 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.

Leo Lithium's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=0/371.961
=

Leo Lithium's Goodwill to Asset Ratio for the quarter that ended in Jun. 2025 is calculated as

Goodwill to Asset (Q: Jun. 2025 )=Goodwill/Total Assets
=0/246.209
=

* 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?
Leo Lithium (LLLAF) has a Goodwill-to-Asset of 0.00 as of Jun. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Leo Lithium and its competitors.
Is Leo Lithium's Goodwill-to-Asset too high?
Leo Lithium's current Goodwill-to-Asset is 0.00.
How does Leo Lithium's Goodwill-to-Asset compare to LITM and XPL?
Leo Lithium's Goodwill-to-Asset of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill-to-Asset depends on the Metals & Mining 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 Leo Lithium and its competitors. Leo Lithium'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 Leo Lithium stock overvalued right now?
Leo Lithium (LLLAF) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 Leo Lithium (LLLAF), the current Goodwill-to-Asset is 0.00 as of Jun. 2025. 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.

Leo Lithium Business Description

Address 16 Ventnor Avenue, Level 2, West Perth, WA, AUS, 6005
Leo Lithium Ltd is focused on the development of the Goulamina Lithium Project. The company operates in two segments; The Corporate operation includes the Perth Head Office and Project Team, and The Mali operation includes the development of the Goulamina Project and exploration for minerals.