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Worldwide Strategies (Worldwide Strategies) Goodwill-to-Asset : 0.00 (As of Apr. 2023)


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What is Worldwide Strategies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Worldwide Strategies's Goodwill for the quarter that ended in Apr. 2023 was $0.00 Mil. Worldwide Strategies's Total Assets for the quarter that ended in Apr. 2023 was $0.56 Mil. Therefore, Worldwide Strategies's Goodwill to Asset Ratio for the quarter that ended in Apr. 2023 was 0.00.


Worldwide Strategies Goodwill-to-Asset Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies Goodwill-to-Asset Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
Goodwill-to-Asset
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Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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Competitive Comparison of Worldwide Strategies's Goodwill-to-Asset

For the Shell Companies subindustry, Worldwide Strategies'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.


Worldwide Strategies's Goodwill-to-Asset Distribution in the Diversified Financial Services Industry

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

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



Worldwide Strategies 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.

Worldwide Strategies's Goodwill to Asset Ratio for the fiscal year that ended in Jul. 2022 is calculated as

Goodwill to Asset (A: Jul. 2022 )=Goodwill/Total Assets
=0/0
=

Worldwide Strategies's Goodwill to Asset Ratio for the quarter that ended in Apr. 2023 is calculated as

Goodwill to Asset (Q: Apr. 2023 )=Goodwill/Total Assets
=0/0.563
=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.


Worldwide Strategies  (OTCPK:WWSG) 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.


Worldwide Strategies Goodwill-to-Asset Related Terms

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Worldwide Strategies (Worldwide Strategies) Business Description

Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

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