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Sleeping Giant Capital (TSXV:SSX) Goodwill-to-Asset : 0.00 (As of Sep. 2024)


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What is Sleeping Giant Capital Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Sleeping Giant Capital's Goodwill for the quarter that ended in Sep. 2024 was C$0.00 Mil. Sleeping Giant Capital's Total Assets for the quarter that ended in Sep. 2024 was C$1.17 Mil. Therefore, Sleeping Giant Capital's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.00.


Sleeping Giant Capital Goodwill-to-Asset Historical Data

The historical data trend for Sleeping Giant Capital'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.

Sleeping Giant Capital Goodwill-to-Asset Chart

Sleeping Giant Capital Annual Data
Trend Dec21 Dec22 Dec23
Goodwill-to-Asset
- - -

Sleeping Giant Capital Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Competitive Comparison of Sleeping Giant Capital's Goodwill-to-Asset

For the Shell Companies subindustry, Sleeping Giant Capital'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.


Sleeping Giant Capital's Goodwill-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Sleeping Giant Capital's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Sleeping Giant Capital's Goodwill-to-Asset falls into.



Sleeping Giant Capital 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.

Sleeping Giant Capital'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
=0/0.348
=

Sleeping Giant Capital'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
=0/1.172
=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.


Sleeping Giant Capital  (TSXV:SSX) 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.


Sleeping Giant Capital Goodwill-to-Asset Related Terms

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Sleeping Giant Capital Business Description

Traded in Other Exchanges
N/A
Address
4000-421-7th Avenue SW, Calgary, AB, CAN, T2P 4K9
Sleeping Giant Capital Corp is capital pool company.

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