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Nickel 28 Capital (Nickel 28 Capital) Goodwill-to-Asset

: 0.00 (As of Oct. 2023)
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Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Nickel 28 Capital's Goodwill for the quarter that ended in Oct. 2023 was $0.00 Mil. Nickel 28 Capital's Total Assets for the quarter that ended in Oct. 2023 was $152.33 Mil.


Nickel 28 Capital Goodwill-to-Asset Historical Data

The historical data trend for Nickel 28 Capital'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.

Nickel 28 Capital Annual Data
Trend Dec19 Dec20 Jan22 Jan23
Goodwill-to-Asset
- - - -

Nickel 28 Capital Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Nickel 28 Capital'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.


Nickel 28 Capital Goodwill-to-Asset Distribution

For the Metals & Mining industry and Basic Materials sector, Nickel 28 Capital's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Nickel 28 Capital's Goodwill-to-Asset falls into.



Nickel 28 Capital 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.

Nickel 28 Capital's Goodwill to Asset Ratio for the fiscal year that ended in Jan. 2023 is calculated as

Goodwill to Asset (A: Jan. 2023 )=Goodwill/Total Assets
=0/154.72
=

Nickel 28 Capital's Goodwill to Asset Ratio for the quarter that ended in Oct. 2023 is calculated as

Goodwill to Asset (Q: Oct. 2023 )=Goodwill/Total Assets
=0/152.331
=

* 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.


Nickel 28 Capital  (OTCPK:CONXF) 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.


Nickel 28 Capital Goodwill-to-Asset Related Terms

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Nickel 28 Capital (Nickel 28 Capital) Business Description

Traded in Other Exchanges
Address
155 University Avenue, Suite 1240, Toronto, ON, CAN, M5H 3B7
Nickel 28 Capital Corp is a nickel-cobalt producer in Canada. Nickel-cobalt production comes from its joint-venture interest in the Ramu Nickel-Cobalt Operation located in Papua New Guinea provides it with significant attributable nickel and cobalt production thereby offering shareholders direct exposure to two metals that are critical to the adoption of electric vehicles. In addition, the company manages a portfolio of around 13 nickel and cobalt royalties on development and exploration projects in Canada, Australia, and Papua New Guinea.