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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Omni-Lite Industries Canada's Goodwill for the quarter that ended in Jun. 2026 was $0.57 Mil. Omni-Lite Industries Canada's Total Assets for the quarter that ended in Jun. 2026 was $22.28 Mil.
Therefore, Omni-Lite Industries Canada's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.03.
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.
Omni-Lite Industries Canada Goodwill-to-Asset Related Terms
Omni-Lite Industries Canada Goodwill-to-Asset Historical Data
* 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.
OLNCF vs ATI, CRS, MLI: Goodwill-to-Asset Comparison
For the Metal Fabrication subindustry, Omni-Lite Industries Canada'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.
Omni-Lite Industries Canada Goodwill-to-Asset vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Omni-Lite Industries Canada's Goodwill-to-Asset distribution charts can be found below:
* The bar in red indicates where Omni-Lite Industries Canada's Goodwill-to-Asset falls into.
* 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.
Omni-Lite Industries Canada (OLNCF) has a Goodwill-to-Asset of 0.03 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Omni-Lite Industries Canada and its competitors.
Is Omni-Lite Industries Canada's Goodwill-to-Asset too high?
Omni-Lite Industries Canada's current Goodwill-to-Asset is 0.03. Overall, Omni-Lite Industries Canada has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Omni-Lite Industries Canada's Goodwill-to-Asset compare to ATI and CRS?
Omni-Lite Industries Canada's Goodwill-to-Asset of 0.03 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Goodwill-to-Asset depends on the Industrial Products 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 Omni-Lite Industries Canada and its competitors. Omni-Lite Industries Canada's current Goodwill-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Omni-Lite Industries Canada stock overvalued right now?
Based on GuruFocus' analysis, Omni-Lite Industries Canada (OLNCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.06, compared to a current price of $2.00 — trading 88.7% above its estimated fair value. The current Goodwill-to-Asset is 0.03. Omni-Lite Industries Canada's overall GF Score™ is 59/100 with 3 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 Omni-Lite Industries Canada (OLNCF), the current Goodwill-to-Asset is 0.03 as of Jun. 2026. 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.
Is Omni-Lite Industries Canada (OLNCF) Overvalued in 2026?
Based on GuruFocus' analysis, Omni-Lite Industries Canada stock appears to be overvalued.
The current stock price of $2.00 is trading 88.7% above its estimated GF Value™ of $1.06.
GuruFocus considers Omni-Lite Industries Canada to be Significantly Overvalued.
Key valuation signals for OLNCF:
Goodwill-to-Asset: 0.03
GF Value™: $1.06 vs. price of $2.00 (88.7% above fair value)
No single metric tells the full story. See the OLNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Omni-Lite Industries Canada Inc core mission is the adaptation of material science for mission critical applications. These products include components for the aerospace, military, specialty automotive and sports and recreational industries. The company has two segments United States and Canada. The company generates majority of revenue from United States.
59GF 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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