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H-Source Holdings (TSXV:HSI.H) Goodwill-to-Asset : 0.00 (As of Sep. 2020)


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What is H-Source Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. H-Source Holdings's Goodwill for the quarter that ended in Sep. 2020 was C$0.00 Mil. H-Source Holdings's Total Assets for the quarter that ended in Sep. 2020 was C$1.22 Mil. Therefore, H-Source Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2020 was 0.00.


H-Source Holdings Goodwill-to-Asset Historical Data

The historical data trend for H-Source Holdings'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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H-Source Holdings Goodwill-to-Asset Chart

H-Source Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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H-Source Holdings Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of H-Source Holdings's Goodwill-to-Asset

For the Health Information Services subindustry, H-Source Holdings'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.


H-Source Holdings's Goodwill-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, H-Source Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where H-Source Holdings's Goodwill-to-Asset falls into.



H-Source Holdings 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.

H-Source Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Goodwill to Asset (A: Dec. 2019 )=Goodwill/Total Assets
=0/1.248
=0.00

H-Source Holdings's Goodwill to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Goodwill to Asset (Q: Sep. 2020 )=Goodwill/Total Assets
=0/1.222
=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.


H-Source Holdings  (TSXV:HSI.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.


H-Source Holdings Goodwill-to-Asset Related Terms

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H-Source Holdings (TSXV:HSI.H) Business Description

Traded in Other Exchanges
N/A
Address
120 N. Pine Street, Suite 170, Spokane, WA, USA, 99202
H-Source Holdings Ltd is a technology company which has significant experience in hospital and supply chain systems. The firm has developed a digital platform and network to operate in the healthcare industry and offers a private, hospital-to-hospital marketplace that allows members to buy, sell, and transfer inventory supplies and capital equipment with each other. Members can conduct secure transactions within Integrated Delivery Networks (IDNs), Group Purchasing Organizations (GPOs) or customize their own group of hospitals using the company's built-in filters to reduce health care costs and medical products waste.

H-Source Holdings (TSXV:HSI.H) Headlines

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