TLGN (Ever Harvest International Group) Goodwill-to-Asset: 0.00 (As of Sep. 2022)

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What is Ever Harvest International Group Goodwill-to-Asset?

Ever Harvest International Group TLGN Goodwill-to-Asset is 0.00 as of Sep. 2022.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Ever Harvest International Group's Goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil. Ever Harvest International Group's Total Assets for the quarter that ended in Sep. 2022 was $0.04 Mil. Therefore, Ever Harvest International Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 was 0.00.


Ever Harvest International Group  (OTCPK:TLGN) 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.


Ever Harvest International Group Goodwill-to-Asset Related Terms


Ever Harvest International Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Ever Harvest International 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.

Ever Harvest International Group Goodwill-to-Asset Chart

Ever Harvest International Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec19 Dec20 Dec21
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 - 0.00 0.00

Ever Harvest International Group Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 - 0.00 0.00 0.00 0.00

TLGN vs RCG, SYTE, JP: Goodwill-to-Asset Comparison

For the Asset Management subindustry, Ever Harvest International 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.


Ever Harvest International Group Goodwill-to-Asset vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Ever Harvest International Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Ever Harvest International Group's Goodwill-to-Asset falls into.



Ever Harvest International 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.

Ever Harvest International Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/0.007504
=0.00

Ever Harvest International Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/0.038224
=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?
Ever Harvest International Group (TLGN) has a Goodwill-to-Asset of 0.00 as of Sep. 2022. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Ever Harvest International Group and its competitors.
Is Ever Harvest International Group's Goodwill-to-Asset too high?
Ever Harvest International Group's current Goodwill-to-Asset is 0.00.
How does Ever Harvest International Group's Goodwill-to-Asset compare to RCG and SYTE?
Ever Harvest International Group's Goodwill-to-Asset of 0.00 can be compared against companies in the Asset Management 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 Asset Management company?
A good Goodwill-to-Asset depends on the Asset Management 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 Ever Harvest International Group and its competitors. Ever Harvest International 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 Ever Harvest International Group stock overvalued right now?
Ever Harvest International Group (TLGN) 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 Ever Harvest International Group (TLGN), the current Goodwill-to-Asset is 0.00 as of Sep. 2022. 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.

Ever Harvest International Group Business Description

Address 23 Cameron Road, Suite F, 16th Floor, Tsim Sha Tsui, Hong Kong, HKG
Ever Harvest International Group Inc engaged in the development and sale of STEAM education platforms, aimed at serving the academic community in Hong Kong primary and secondary schools.