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OILFF (Nextleaf Solutions) Goodwill-to-Asset : 0.00 (As of Dec. 2024)


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What is Nextleaf Solutions Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nextleaf Solutions's Goodwill for the quarter that ended in Dec. 2024 was $0.00 Mil. Nextleaf Solutions's Total Assets for the quarter that ended in Dec. 2024 was $6.05 Mil. Therefore, Nextleaf Solutions's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.00.


Nextleaf Solutions Goodwill-to-Asset Historical Data

The historical data trend for Nextleaf Solutions'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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Nextleaf Solutions Goodwill-to-Asset Chart

Nextleaf Solutions Annual Data
Trend Mar17 Mar18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
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Nextleaf Solutions Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Nextleaf Solutions's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Nextleaf Solutions'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.


Nextleaf Solutions's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

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

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


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Nextleaf Solutions 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.

Nextleaf Solutions's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2024 is calculated as

Goodwill to Asset (A: Sep. 2024 )=Goodwill/Total Assets
=0/6.323
=0.00

Nextleaf Solutions'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
=0/6.05
=0.00

* 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.


Nextleaf Solutions  (OTCPK:OILFF) 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.


Nextleaf Solutions Goodwill-to-Asset Related Terms

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Nextleaf Solutions Business Description

Traded in Other Exchanges
Address
68 Schooner Street, Suite 3, Coquitlam, BC, CAN, V3B 7B1
Nextleaf Solutions Ltd is is a Canadian cannabis extractor and processor, with a focus on developing intellectual property for the extraction, distillation formulation, and delivery of cannabinoids. The Company has a single reportable segment being the provision of goods and services to the cannabis industry in Canada. All the Company's revenues are generated in Canada. Revenue from sale of goods and services includes sales of bulk distillate, branded (Glacial Gold) vape pens, oils, and softgels (branded extract products), and private label which includes toll processing and other services. Majority being from Branded extract products.