Superior Plus (TSX:SPB) Goodwill-to-Asset: 0.00 (As of Jun. 2026)

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TSX:SPB Superior Plus Corp TSX:SPB
75 GF Score
Price C$7.14
GF Value C$8.12
Valuation Modestly Undervalued
! 7 Warning Signs
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What is Superior Plus Goodwill-to-Asset?

Superior Plus TSX:SPB -1.38% 75 Goodwill-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates TSX:SPB with a GF Score™ of 75/100 and a GF Value™ of C$8.12 (Modestly Undervalued). The stock has 7 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. Superior Plus's Goodwill for the quarter that ended in Jun. 2026 was C$0 Mil. Superior Plus's Total Assets for the quarter that ended in Jun. 2026 was C$4,735 Mil. Therefore, Superior Plus's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 was 0.00.


Superior Plus  (TSX:SPB) 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.


Superior Plus Goodwill-to-Asset Related Terms


Superior Plus Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Superior Plus'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.

Superior Plus Goodwill-to-Asset Chart

Superior Plus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.37 0.37 0.38 0.40

Superior Plus Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.40 0.40 0.00

TSX:SPB vs ATO, NI, UGI: Goodwill-to-Asset Comparison

For the Utilities - Regulated Gas subindustry, Superior Plus'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.


Superior Plus Goodwill-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Superior Plus's Goodwill-to-Asset distribution charts can be found below:

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


TSX:SPB
75GF Score
Superior Plus Corp TSX:SPB
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Superior Plus 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.

Superior Plus'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
=1961.649/4949.232
=0.40

Superior Plus's Goodwill to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Goodwill to Asset (Q: Jun. 2026 )=Goodwill/Total Assets
=0/4734.651
=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?
Superior Plus (TSX:SPB) has a Goodwill-to-Asset of 0.00 as of Jun. 2026. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Superior Plus and its competitors.
Is Superior Plus' Goodwill-to-Asset too high?
Superior Plus' current Goodwill-to-Asset is 0.00. Overall, Superior Plus has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Superior Plus' Goodwill-to-Asset compare to ATO and NI?
Superior Plus' Goodwill-to-Asset of 0.00 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Goodwill-to-Asset depends on the Utilities - Regulated 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 Superior Plus and its competitors. Superior Plus'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 Superior Plus stock overvalued right now?
Based on GuruFocus' analysis, Superior Plus (TSX:SPB) is currently considered Modestly Undervalued. The stock's GF Value™ is C$8.12, compared to a current price of C$7.14 — trading 12.1% below its estimated fair value. The current Goodwill-to-Asset is 0.00. Superior Plus' overall GF Score™ is 75/100 with 7 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 Superior Plus (TSX:SPB), the current Goodwill-to-Asset is 0.00 as of Jun. 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.

Is Superior Plus (TSX:SPB) Overvalued in 2026?

Based on GuruFocus' analysis, Superior Plus stock appears to be undervalued. The current stock price of C$7.14 is trading 12.1% below its estimated GF Value™ of C$8.12. GuruFocus considers Superior Plus to be Modestly Undervalued.

Key valuation signals for TSX:SPB:

  • Goodwill-to-Asset: 0.00
  • GF Value™: C$8.12 vs. price of C$7.14 (12.1% below fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the TSX:SPB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Superior Plus Business Description

Address 155 Wellington Street West, Suite 3610, Toronto, ON, CAN, M5V 3H1
Superior Plus Corp is a Canadian-based company that distributes energy and specialty chemicals. The company is organized into three business segments: U.S. Propane Distribution, Canadian Propane Distribution and Compressed natural gas distribution (CNG)out of which the majority is from the U.S. Propane segment. The products & services offered by the company include wholesale procurement, distribution, related services for propane and other refined fuels, and supply of chemicals required by industries. The U.S. Propane segment distributes propane gas & liquid fuels along the Eastern U.S. & into the Midwest and California.
75GF Score

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

C$7.14
Price
C$8.12
GF Value