TTCFQ (Tattooed Chef) Goodwill-to-Asset: 0.00 (As of Mar. 2023)

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TTCFQ Tattooed Chef Inc TTCFQ
12 GF Score
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What is Tattooed Chef Goodwill-to-Asset?

Tattooed Chef TTCFQ -99.00% 12 Goodwill-to-Asset is 0.00 as of Mar. 2023. GuruFocus rates TTCFQ with a GF Score™ of 12/100.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tattooed Chef's Goodwill for the quarter that ended in Mar. 2023 was $0.0 Mil. Tattooed Chef's Total Assets for the quarter that ended in Mar. 2023 was $190.3 Mil. Therefore, Tattooed Chef's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 was 0.00.


Tattooed Chef  (OTCPK:TTCFQ) 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.


Tattooed Chef Goodwill-to-Asset Related Terms


Tattooed Chef Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Tattooed Chef'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.

Tattooed Chef Goodwill-to-Asset Chart

Tattooed Chef Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
0.00 0.00 0.10 0.00

Tattooed Chef Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 0.10 0.11 0.11 0.00 0.00

TTCFQ vs KHC, GIS: Goodwill-to-Asset Comparison

For the Packaged Foods subindustry, Tattooed Chef'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.


Tattooed Chef Goodwill-to-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tattooed Chef's Goodwill-to-Asset distribution charts can be found below:

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


TTCFQ
12GF Score
Tattooed Chef Inc TTCFQ
Goodwill-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tattooed Chef 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.

Tattooed Chef'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
=0/208.767
=0.00

Tattooed Chef's Goodwill to Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

Goodwill to Asset (Q: Mar. 2023 )=Goodwill/Total Assets
=0/190.301
=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?
Tattooed Chef (TTCFQ) has a Goodwill-to-Asset of 0.00 as of Mar. 2023. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Tattooed Chef and its competitors.
Is Tattooed Chef's Goodwill-to-Asset too high?
Tattooed Chef's current Goodwill-to-Asset is 0.00. Overall, Tattooed Chef has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Tattooed Chef's Goodwill-to-Asset compare to KHC and GIS?
Tattooed Chef's Goodwill-to-Asset of 0.00 can be compared against companies in the Consumer Packaged Goods 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 a Consumer Packaged Goods company?
A good Goodwill-to-Asset depends on the Consumer Packaged Goods 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 Tattooed Chef and its competitors. Tattooed Chef'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 Tattooed Chef stock overvalued right now?
Tattooed Chef (TTCFQ) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Tattooed Chef's overall GF Score™ is 12/100. 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 Tattooed Chef (TTCFQ), the current Goodwill-to-Asset is 0.00 as of Mar. 2023. 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.

Tattooed Chef Business Description

Address 6305 Alondra Boulevard, Paramount, CA, USA, 90723
Tattooed Chef Inc is a plant-based food company offering a broad portfolio of frozen foods. The company supplies plant-based products to retailers in the United States, with signature products such as ready-to-cook bowls, zucchini spirals, riced cauliflower, acai and smoothie bowls, cauliflower crust pizza, wood fire-crusted pizza, handheld burritos, bars, and quesadillas.
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