GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fabled Silver Gold Corp (TSXV:FCO.H) » Definitions » Goodwill-to-Asset

Fabled Silver Gold (TSXV:FCO.H) Goodwill-to-Asset : 0.00 (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Fabled Silver Gold Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Fabled Silver Gold's Goodwill for the quarter that ended in Sep. 2023 was C$0.00 Mil. Fabled Silver Gold's Total Assets for the quarter that ended in Sep. 2023 was C$0.10 Mil.


Fabled Silver Gold Goodwill-to-Asset Historical Data

The historical data trend for Fabled Silver Gold'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.

Fabled Silver Gold Goodwill-to-Asset Chart

Fabled Silver Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Sep18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only - - - - -

Fabled Silver Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - - - -

Competitive Comparison of Fabled Silver Gold's Goodwill-to-Asset

For the Other Precious Metals & Mining subindustry, Fabled Silver Gold'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.


Fabled Silver Gold's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Fabled Silver Gold's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Fabled Silver Gold's Goodwill-to-Asset falls into.



Fabled Silver Gold 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.

Fabled Silver Gold's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/0.324
=

Fabled Silver Gold's Goodwill to Asset Ratio for the quarter that ended in Sep. 2023 is calculated as

Goodwill to Asset (Q: Sep. 2023 )=Goodwill/Total Assets
=0/0.104
=

* 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.


Fabled Silver Gold  (TSXV:FCO.H) 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.


Fabled Silver Gold Goodwill-to-Asset Related Terms

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


Fabled Silver Gold (TSXV:FCO.H) Business Description

Traded in Other Exchanges
Address
1500 West Georgia Street, Suite 480, Vancouver, BC, CAN, V6G 2Z6
Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. The Company operates in one single reportable segment, which is the acquisition and exploration of mineral resource properties.

Fabled Silver Gold (TSXV:FCO.H) Headlines

No Headlines