WLDFF (Wildflower Brands) Goodwill-to-Asset: 0.57 (As of Mar. 2020)

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What is Wildflower Brands Goodwill-to-Asset?

Wildflower Brands WLDFF -90.00% Goodwill-to-Asset is 0.57 as of Mar. 2020.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Wildflower Brands's Goodwill for the quarter that ended in Mar. 2020 was $27.13 Mil. Wildflower Brands's Total Assets for the quarter that ended in Mar. 2020 was $47.28 Mil. Therefore, Wildflower Brands's Goodwill to Asset Ratio for the quarter that ended in Mar. 2020 was 0.57.


Wildflower Brands  (OTCPK:WLDFF) 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.


Wildflower Brands Goodwill-to-Asset Related Terms


Wildflower Brands Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Wildflower Brands'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.

Wildflower Brands Goodwill-to-Asset Chart

Wildflower Brands Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.63

Wildflower Brands Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.00 0.63 0.57 0.57 0.57

WLDFF vs ZTS: Goodwill-to-Asset Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Wildflower Brands'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.


Wildflower Brands Goodwill-to-Asset vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Wildflower Brands's Goodwill-to-Asset distribution charts can be found below:

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



Wildflower Brands 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.

Wildflower Brands's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Goodwill to Asset (A: Jun. 2019 )=Goodwill/Total Assets
=28.499/44.996
=0.63

Wildflower Brands's Goodwill to Asset Ratio for the quarter that ended in Mar. 2020 is calculated as

Goodwill to Asset (Q: Mar. 2020 )=Goodwill/Total Assets
=27.129/47.282
=0.57

* 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 0.57 mean?
Wildflower Brands (WLDFF) has a Goodwill-to-Asset of 0.57 as of Mar. 2020. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wildflower Brands and its competitors.
Is Wildflower Brands' Goodwill-to-Asset too high?
Wildflower Brands' current Goodwill-to-Asset is 0.57.
How does Wildflower Brands' Goodwill-to-Asset compare to ZTS?
Wildflower Brands' Goodwill-to-Asset of 0.57 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Goodwill-to-Asset depends on the Drug Manufacturers 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 Wildflower Brands and its competitors. Wildflower Brands's current Goodwill-to-Asset is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wildflower Brands stock overvalued right now?
Wildflower Brands (WLDFF) has a current Goodwill-to-Asset of 0.57. The current Goodwill-to-Asset is 0.57. 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 Wildflower Brands (WLDFF), the current Goodwill-to-Asset is 0.57 as of Mar. 2020. 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.

Wildflower Brands Business Description

Address 1505 West 2nd Avenue, Suite 400, Vancouver, BC, CAN, V6H 3Y4
Wildflower Brands Inc primarily focuses on developing and designing products in the cannabis and healthcare sectors. Wildflower sells its CBD+ products online and to retailers throughout the US and also produces and markets its THC products in regulated cannabis jurisdictions. The company's operations and assets are located in Canada and the USA.