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MOTNW (Motion Acquisition) Goodwill-to-Asset : 0.00 (As of Sep. 2020)


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What is Motion Acquisition Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Motion Acquisition's Goodwill for the quarter that ended in Sep. 2020 was $0.00 Mil. Motion Acquisition's Total Assets for the quarter that ended in Sep. 2020 was $0.12 Mil.


Motion Acquisition Goodwill-to-Asset Historical Data

The historical data trend for Motion Acquisition'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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Motion Acquisition Goodwill-to-Asset Chart

Motion Acquisition Annual Data
Trend Dec20
Goodwill-to-Asset
-

Motion Acquisition Semi-Annual Data
Aug20 Sep20 Dec20
Goodwill-to-Asset - - -

Competitive Comparison of Motion Acquisition's Goodwill-to-Asset

For the Shell Companies subindustry, Motion Acquisition'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.


Motion Acquisition's Goodwill-to-Asset Distribution in the Diversified Financial Services Industry

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

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


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Motion Acquisition 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.

Motion Acquisition's Goodwill to Asset Ratio for the fiscal year that ended in . 20 is calculated as

Goodwill to Asset (A: . 20 )=Goodwill/Total Assets
=/
=

Motion Acquisition's Goodwill to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Goodwill to Asset (Q: Sep. 2020 )=Goodwill/Total Assets
=0/0.115
=

* 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.


Motion Acquisition  (NAS:MOTNW) 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.


Motion Acquisition Goodwill-to-Asset Related Terms

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Motion Acquisition Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174
Motion Acquisition Corp is a blank check company.