SPAI (Safe Pro Group) Goodwill-to-Asset: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SPAI Safe Pro Group Inc SPAI
13 GF Score
Price $3.81
! 4 Warning Signs
View Full Analysis

What is Safe Pro Group Goodwill-to-Asset?

Safe Pro Group SPAI -1.55% 13 Goodwill-to-Asset is 0.00 as of Mar. 2026. GuruFocus rates SPAI with a GF Score™ of 13/100. The stock has 4 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. Safe Pro Group's Goodwill for the quarter that ended in Mar. 2026 was $0.00 Mil. Safe Pro Group's Total Assets for the quarter that ended in Mar. 2026 was $16.74 Mil. Therefore, Safe Pro Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 was 0.00.


Safe Pro Group  (NAS:SPAI) 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.


Safe Pro Group Goodwill-to-Asset Related Terms


Safe Pro Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Safe Pro Group'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.

Safe Pro Group Goodwill-to-Asset Chart

Safe Pro Group Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
0.16 0.20 0.14 0.00

Safe Pro Group Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.19 0.19 0.00 0.00 0.00

SPAI vs OPXS, GPUS, PEW: Goodwill-to-Asset Comparison

For the Aerospace & Defense subindustry, Safe Pro Group'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.


Safe Pro Group Goodwill-to-Asset vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Safe Pro Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Safe Pro Group's Goodwill-to-Asset falls into.


SPAI
13GF Score
Safe Pro Group Inc SPAI
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Safe Pro Group 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.

Safe Pro Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Goodwill to Asset (A: Dec. 2025 )=Goodwill/Total Assets
=0/19.115
=0.00

Safe Pro Group's Goodwill to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Goodwill to Asset (Q: Mar. 2026 )=Goodwill/Total Assets
=0/16.737
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Safe Pro Group (SPAI) has a Goodwill-to-Asset of 0.00 as of Mar. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Safe Pro Group and its competitors.
Is Safe Pro Group's Goodwill-to-Asset too high?
Safe Pro Group's current Goodwill-to-Asset is 0.00. Overall, Safe Pro Group has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Safe Pro Group's Goodwill-to-Asset compare to OPXS and GPUS?
Safe Pro Group's Goodwill-to-Asset of 0.00 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Goodwill-to-Asset depends on the Aerospace & Defense 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 Safe Pro Group and its competitors. Safe Pro Group'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 Safe Pro Group stock overvalued right now?
Safe Pro Group (SPAI) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Safe Pro Group's overall GF Score™ is 13/100 with 4 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 Safe Pro Group (SPAI), the current Goodwill-to-Asset is 0.00 as of Mar. 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.

Safe Pro Group Business Description

Address 18305 Biscayne Boulevard, Suite 222, Aventura, FL, USA, 33160
Safe Pro Group Inc operates to acquire security and protection products. The company operated in three reportable business segments, which consisted of the business of Safe-Pro USA, the business of Airborne Response, and the business of Safe Pro AI. The majority of revenue is from Safe-Pro USA.
13GF Score

Get the complete analysis for SPAI

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

$3.81
Price