OCTLF (Octave Intelligence) Goodwill-to-Asset: 0.72 (As of Dec. 2024)

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OCTLF Octave Intelligence PLC OCTLF
19 GF Score
Price $19.85
! 2 Warning Signs
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What is Octave Intelligence Goodwill-to-Asset?

Octave Intelligence OCTLF 19 Goodwill-to-Asset is 0.72 as of Dec. 2024. GuruFocus rates OCTLF with a GF Score™ of 19/100. 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. Octave Intelligence's Goodwill for the quarter that ended in Dec. 2024 was $6,058 Mil. Octave Intelligence's Total Assets for the quarter that ended in Dec. 2024 was $8,429 Mil. Therefore, Octave Intelligence's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.72.


Octave Intelligence  (OTCPK:OCTLF) 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.


Octave Intelligence Goodwill-to-Asset Related Terms


Octave Intelligence Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Octave Intelligence'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.

Octave Intelligence Goodwill-to-Asset Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Goodwill-to-Asset
0.00 0.71 0.72

Octave Intelligence Quarterly Data
Dec22 Dec23 Dec24
Goodwill-to-Asset 0.00 0.71 0.72

OCTLF vs CVLT, BILL, NIQ: Goodwill-to-Asset Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, Octave Intelligence's Goodwill-to-Asset distribution charts can be found below:

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


OCTLF
19GF Score
Octave Intelligence PLC OCTLF
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Octave Intelligence 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.

Octave Intelligence'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
=6057.77/8428.967
=0.72

Octave Intelligence's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=6057.77/8428.967
=0.72

* 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 0.72 mean?
Octave Intelligence (OCTLF) has a Goodwill-to-Asset of 0.72 as of Dec. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Octave Intelligence and its competitors.
Is Octave Intelligence's Goodwill-to-Asset too high?
Octave Intelligence's current Goodwill-to-Asset is 0.72. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Goodwill-to-Asset compare to CVLT and BILL?
Octave Intelligence's Goodwill-to-Asset of 0.72 can be compared against companies in the Software 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 Software company?
A good Goodwill-to-Asset depends on the Software 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 Octave Intelligence and its competitors. Octave Intelligence's current Goodwill-to-Asset is 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTLF) has a current Goodwill-to-Asset of 0.72. The current Goodwill-to-Asset is 0.72. Octave Intelligence's overall GF Score™ is 19/100 with 2 warning signs to review. 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 Octave Intelligence (OCTLF), the current Goodwill-to-Asset is 0.72 as of Dec. 2024. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

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

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