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North Bud Farms (XCNQ:NBUD) Goodwill-to-Asset : 0.00 (As of Aug. 2019)


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What is North Bud Farms Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. North Bud Farms's Goodwill for the quarter that ended in Aug. 2019 was C$0.00 Mil. North Bud Farms's Total Assets for the quarter that ended in Aug. 2019 was C$9.28 Mil.


North Bud Farms Goodwill-to-Asset Historical Data

The historical data trend for North Bud Farms'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.

North Bud Farms Goodwill-to-Asset Chart

North Bud Farms Annual Data
Trend Nov17 Nov18
Goodwill-to-Asset
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North Bud Farms Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19
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Competitive Comparison of North Bud Farms's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, North Bud Farms'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.


North Bud Farms's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

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

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



North Bud Farms 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.

North Bud Farms's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2018 is calculated as

Goodwill to Asset (A: Nov. 2018 )=Goodwill/Total Assets
=0/7.691
=

North Bud Farms's Goodwill to Asset Ratio for the quarter that ended in Aug. 2019 is calculated as

Goodwill to Asset (Q: Aug. 2019 )=Goodwill/Total Assets
=0/9.28
=

* 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.


North Bud Farms  (XCNQ:NBUD) 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.


North Bud Farms Goodwill-to-Asset Related Terms

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North Bud Farms (XCNQ:NBUD) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 4400, Brookfield Place, Toronto, ON, CAN, M5J 2T3
North Bud Farms Inc owns a state-of-the-art purpose-built cannabis production facility located on approximately 135 acres of agricultural land in Low, Quebec, Canada. The Low, Quebec facility currently has approximately 24,500 square feet of licensed indoor cultivation space; the company has submitted its licence amendment application to Health Canada to add an additional approximately 1,000,000 square feet of outdoor cultivation space.
Executives
Ryan Brown Director, Senior Officer
André Audet Director, Senior Officer
Kosta Kostic Senior Officer

North Bud Farms (XCNQ:NBUD) Headlines

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