WOLV (Wolverine Resources) Goodwill-to-Asset: 0.00 (As of Feb. 2025)

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What is Wolverine Resources Goodwill-to-Asset?

Wolverine Resources WOLV -20.00% Goodwill-to-Asset is 0.00 as of Feb. 2025.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Wolverine Resources's Goodwill for the quarter that ended in Feb. 2025 was $0.00 Mil. Wolverine Resources's Total Assets for the quarter that ended in Feb. 2025 was $0.02 Mil.


Wolverine Resources  (OTCPK:WOLV) 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.


Wolverine Resources Goodwill-to-Asset Related Terms


Wolverine Resources Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Wolverine Resources'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.

Wolverine Resources Goodwill-to-Asset Chart

Wolverine Resources Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Wolverine Resources Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.00 0.00 0.00 0.00

WOLV vs NRHI, LBRMF, ENRT: Goodwill-to-Asset Comparison

For the Other Industrial Metals & Mining subindustry, Wolverine Resources'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.


Wolverine Resources Goodwill-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Wolverine Resources's Goodwill-to-Asset distribution charts can be found below:

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



Wolverine Resources 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.

Wolverine Resources's Goodwill to Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

Goodwill to Asset (A: May. 2024 )=Goodwill/Total Assets
=0/0.023
=

Wolverine Resources's Goodwill to Asset Ratio for the quarter that ended in Feb. 2025 is calculated as

Goodwill to Asset (Q: Feb. 2025 )=Goodwill/Total Assets
=0/0.02
=

* 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?
Wolverine Resources (WOLV) has a Goodwill-to-Asset of 0.00 as of Feb. 2025. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Wolverine Resources and its competitors.
Is Wolverine Resources' Goodwill-to-Asset too high?
Wolverine Resources' current Goodwill-to-Asset is 0.00.
How does Wolverine Resources' Goodwill-to-Asset compare to NRHI and LBRMF?
Wolverine Resources' Goodwill-to-Asset of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill-to-Asset depends on the Metals & Mining 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 Wolverine Resources and its competitors. Wolverine Resources'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 Wolverine Resources stock overvalued right now?
Wolverine Resources (WOLV) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 Wolverine Resources (WOLV), the current Goodwill-to-Asset is 0.00 as of Feb. 2025. 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.

Wolverine Resources Business Description

Address 11020-Williams Road, Suite 55, Richmond, BC, CAN, V7A 1X8
Wolverine Resources Corp is an exploration stage mining company engaged in the business of identification, acquisition, and exploration of metals and minerals with a focus on base and precious metals. Its projects include Labrador property located in Canada, which is also known as Cache river property, and Frog property.