GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Conifex Timber Inc (STU:5CA) » Definitions » Goodwill-to-Asset

Conifex Timber (STU:5CA) Goodwill-to-Asset : 0.01 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is Conifex Timber Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Conifex Timber's Goodwill for the quarter that ended in Mar. 2024 was €1.28 Mil. Conifex Timber's Total Assets for the quarter that ended in Mar. 2024 was €150.37 Mil. Therefore, Conifex Timber's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 was 0.01.


Conifex Timber Goodwill-to-Asset Historical Data

The historical data trend for Conifex Timber'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.

Conifex Timber Goodwill-to-Asset Chart

Conifex Timber Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.01 0.01

Conifex Timber Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Conifex Timber's Goodwill-to-Asset

For the Lumber & Wood Production subindustry, Conifex Timber'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.


Conifex Timber's Goodwill-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Conifex Timber's Goodwill-to-Asset distribution charts can be found below:

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



Conifex Timber 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.

Conifex Timber'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
=1.285/149.685
=0.01

Conifex Timber's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=1.278/150.373
=0.01

* 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.


Conifex Timber  (STU:5CA) 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.


Conifex Timber Goodwill-to-Asset Related Terms

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


Conifex Timber (STU:5CA) Business Description

Traded in Other Exchanges
Address
980-700 West Georgia Street, Vancouver, BC, CAN, V7Y 1B6
Conifex Timber Inc is a Canada-based forestry company. It operates through two segments: Lumber and Bioenergy. The main activities of the lumbar segment include timber harvesting, reforestation, forest management, sawmilling logs into lumber and wood chips, and value-added lumber finishing. The firm's primary activities in the bioenergy segment are the generation of electrical power and the development of other opportunities in bioenergy and bioproducts which are complementary to the company's harvesting and manufacturing operations. The firm's main activities areas are the United States, Chinese, Canadian and Japanese markets. The revenues are generated from lumber in the United States of America.

Conifex Timber (STU:5CA) Headlines

No Headlines