GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SOL Global Investments Corp (OTCPK:SOLCF) » Definitions » Goodwill-to-Asset

SOLCF (SOL Global Investments) Goodwill-to-Asset : 0.00 (As of Feb. 2025)


View and export this data going back to 2017. Start your Free Trial

What is SOL Global Investments Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SOL Global Investments's Goodwill for the quarter that ended in Feb. 2025 was $0.00 Mil. SOL Global Investments's Total Assets for the quarter that ended in Feb. 2025 was $8.77 Mil. Therefore, SOL Global Investments's Goodwill to Asset Ratio for the quarter that ended in Feb. 2025 was 0.00.


SOL Global Investments Goodwill-to-Asset Historical Data

The historical data trend for SOL Global Investments'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.

* Premium members only.

SOL Global Investments Goodwill-to-Asset Chart

SOL Global Investments Annual Data
Trend Dec14 Dec15 Dec16 Mar18 Mar19 Nov20 Nov21 Nov22 Nov23 Nov24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SOL Global Investments Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of SOL Global Investments's Goodwill-to-Asset

For the Asset Management subindustry, SOL Global Investments'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.


SOL Global Investments's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SOL Global Investments's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where SOL Global Investments's Goodwill-to-Asset falls into.


;
;

SOL Global Investments 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.

SOL Global Investments's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2024 is calculated as

Goodwill to Asset (A: Nov. 2024 )=Goodwill/Total Assets
=0/29.254
=0.00

SOL Global Investments's Goodwill to Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

Goodwill to Asset (Q: Feb. 2025 )=Goodwill/Total Assets
=0/8.771
=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.


SOL Global Investments  (OTCPK:SOLCF) 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.


SOL Global Investments Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of SOL Global Investments's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


SOL Global Investments Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. The company provides related public exposure to the Solana blockchain through token acquisition, staking for yield generation, and investments in early-stage ventures being built on Solana.