SPEC (Spectaire Holdings) Goodwill-to-Asset: 0.00 (As of Jun. 2024)

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What is Spectaire Holdings Goodwill-to-Asset?

Spectaire Holdings SPEC Goodwill-to-Asset is 0.00 as of Jun. 2024.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Spectaire Holdings's Goodwill for the quarter that ended in Jun. 2024 was $0.00 Mil. Spectaire Holdings's Total Assets for the quarter that ended in Jun. 2024 was $0.81 Mil.

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings Goodwill-to-Asset Related Terms

Spectaire Holdings Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Spectaire Holdings'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.

Spectaire Holdings Goodwill-to-Asset Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Goodwill-to-Asset
0.00 0.00 0.00

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

SPEC vs VLTO, FSS, ZWS: Goodwill-to-Asset Comparison

For the Pollution & Treatment Controls subindustry, Spectaire Holdings'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.

Spectaire Holdings Goodwill-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Spectaire Holdings's Goodwill-to-Asset distribution charts can be found below:

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


Spectaire Holdings 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.

Spectaire Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/1.443
=

Spectaire Holdings's Goodwill to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Goodwill to Asset (Q: Jun. 2024 )=Goodwill/Total Assets
=0/0.809
=

* 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?
Spectaire Holdings (SPEC) has a Goodwill-to-Asset of 0.00 as of Jun. 2024. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Goodwill-to-Asset too high?
Spectaire Holdings' current Goodwill-to-Asset is 0.00.
How does Spectaire Holdings' Goodwill-to-Asset compare to VLTO and FSS?
Spectaire Holdings' Goodwill-to-Asset of 0.00 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 Spectaire Holdings and its competitors. Spectaire Holdings'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 Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) 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 Spectaire Holdings (SPEC), the current Goodwill-to-Asset is 0.00 as of Jun. 2024. 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.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.