SDVI (Signature Devices) Goodwill-to-Asset: 0.00 (As of Jun. 2021)

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What is Signature Devices Goodwill-to-Asset?

Signature Devices SDVI -99.00% Goodwill-to-Asset is 0.00 as of Jun. 2021.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Signature Devices's Goodwill for the quarter that ended in Jun. 2021 was $0.00 Mil. Signature Devices's Total Assets for the quarter that ended in Jun. 2021 was $0.73 Mil.

Signature Devices  (OTCPK:SDVI) 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.

Signature Devices Goodwill-to-Asset Related Terms

Signature Devices Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Signature Devices'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.

Signature Devices Goodwill-to-Asset Chart

Signature Devices Annual Data
Trend Dec18 Dec19 Dec20
Goodwill-to-Asset
0.00 0.00 0.00

Signature Devices Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SDVI vs GTCH, FCCN, ATYG: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, Signature Devices'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.

Signature Devices Goodwill-to-Asset vs Software Industry

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

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


Signature Devices 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.

Signature Devices's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill to Asset (A: Dec. 2020 )=Goodwill/Total Assets
=0/0.854
=0.00

Signature Devices's Goodwill to Asset Ratio for the quarter that ended in Jun. 2021 is calculated as

Goodwill to Asset (Q: Jun. 2021 )=Goodwill/Total Assets
=0/0.733
=

* 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?
Signature Devices (SDVI) has a Goodwill-to-Asset of 0.00 as of Jun. 2021. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Signature Devices and its competitors.
Is Signature Devices' Goodwill-to-Asset too high?
Signature Devices' current Goodwill-to-Asset is 0.00.
How does Signature Devices' Goodwill-to-Asset compare to GTCH and FCCN?
Signature Devices' Goodwill-to-Asset of 0.00 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 Signature Devices and its competitors. Signature Devices'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 Signature Devices stock overvalued right now?
Signature Devices (SDVI) 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 Signature Devices (SDVI), the current Goodwill-to-Asset is 0.00 as of Jun. 2021. 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.

Signature Devices Business Description

Address 30 Shadow Brook Lane, Lander, WY, USA, 82520
Signature Devices Inc is a technology company that focuses on Mobile games, applications and Internet of Things devices and embeds cryptocurrency technology for A.I. processing and Non-Fungible Tokens (NFT's) into games and applications.