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Slate Office REIT (TSX:SOT.UN) Goodwill-to-Asset : 0.00 (As of Sep. 2024)


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What is Slate Office REIT Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Slate Office REIT's Goodwill for the quarter that ended in Sep. 2024 was C$0.0 Mil. Slate Office REIT's Total Assets for the quarter that ended in Sep. 2024 was C$1,375.6 Mil. Therefore, Slate Office REIT's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.00.


Slate Office REIT Goodwill-to-Asset Historical Data

The historical data trend for Slate Office REIT'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.

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Slate Office REIT Goodwill-to-Asset Chart

Slate Office REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Slate Office REIT Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Slate Office REIT's Goodwill-to-Asset

For the REIT - Office subindustry, Slate Office REIT'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.


Slate Office REIT's Goodwill-to-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Slate Office REIT's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Slate Office REIT's Goodwill-to-Asset falls into.



Slate Office REIT 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.

Slate Office REIT'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
=0/1747.86
=0.00

Slate Office REIT's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill to Asset (Q: Sep. 2024 )=Goodwill/Total Assets
=0/1375.648
=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.


Slate Office REIT  (TSX:SOT.UN) 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.


Slate Office REIT Goodwill-to-Asset Related Terms

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Slate Office REIT Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 200, Toronto, ON, CAN, M5H 3T9
Slate Office REIT is an open-ended real estate investment trust. The company focuses on acquiring, holding, developing, maintaining, improving, leasing, managing, or otherwise dealing with office properties in Canada. the REIT's portfolio consists of approximately fifty four commercial properties located in Canada. Its fundamental and thematic approach to investment and asset management leads to significant value creation. The company operates in Canada, United States, and Ireland.

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