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Tiny (TSXV:TINY) Goodwill-to-Asset : 0.41 (As of Dec. 2024)


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What is Tiny Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tiny's Goodwill for the quarter that ended in Dec. 2024 was C$143.9 Mil. Tiny's Total Assets for the quarter that ended in Dec. 2024 was C$350.5 Mil. Therefore, Tiny's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 was 0.41.


Tiny Goodwill-to-Asset Historical Data

The historical data trend for Tiny'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.

Tiny Goodwill-to-Asset Chart

Tiny Annual Data
Trend Dec22 Dec23 Dec24
Goodwill-to-Asset
0.20 0.41 0.41

Tiny Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.41 0.41 0.42 0.43 0.41

Competitive Comparison of Tiny's Goodwill-to-Asset

For the Asset Management subindustry, Tiny'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.


Tiny's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tiny's Goodwill-to-Asset distribution charts can be found below:

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


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Tiny 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.

Tiny's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Goodwill to Asset (A: Dec. 2024 )=Goodwill/Total Assets
=143.906/350.53
=0.41

Tiny's Goodwill to Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

Goodwill to Asset (Q: Dec. 2024 )=Goodwill/Total Assets
=143.906/350.53
=0.41

* 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.


Tiny  (TSXV:TINY) 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.


Tiny Goodwill-to-Asset Related Terms

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Tiny Business Description

Traded in Other Exchanges
Address
2900 - 550 Burrard Street, Vancouver, BC, CAN, V6C 0A3
Tiny Ltd operates as a technology holding company which acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are; Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States followed by Europe, Canada, Asia, Australasia, and other regions.
Executives
Timothy Andrew Mcelvaine Director
Shane Alexander Parrish Director
Jordan Taub Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Andrew David Charles Wilkinson 10% Security Holder, Director, Senior Officer
Pradeep Nalluri Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
David Charron Senior Officer
Ampere On Pui Chan Senior Officer

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