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SPONF (SponsorsOne Brands) Goodwill-to-Asset : 0.00 (As of Sep. 2022)


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What is SponsorsOne Brands Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. SponsorsOne Brands's Goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil. SponsorsOne Brands's Total Assets for the quarter that ended in Sep. 2022 was $2.46 Mil.


SponsorsOne Brands Goodwill-to-Asset Historical Data

The historical data trend for SponsorsOne 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.

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SponsorsOne Brands Goodwill-to-Asset Chart

SponsorsOne Brands Annual Data
Trend Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Goodwill-to-Asset
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SponsorsOne Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of SponsorsOne Brands's Goodwill-to-Asset

For the Software - Application subindustry, SponsorsOne 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.


SponsorsOne Brands's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, SponsorsOne Brands's Goodwill-to-Asset distribution charts can be found below:

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


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SponsorsOne 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.

SponsorsOne Brands's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Goodwill to Asset (A: Dec. 2021 )=Goodwill/Total Assets
=0/0.441
=0.00

SponsorsOne Brands's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/2.464
=

* 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.


SponsorsOne Brands  (OTCPK:SPONF) 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.


SponsorsOne Brands Goodwill-to-Asset Related Terms

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SponsorsOne Brands Business Description

Traded in Other Exchanges
N/A
Address
2 Campbell Drive, Suite 307C, Uxbridge, ON, CAN, L9P 1H6
SponsorsOne Brands Inc engages in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its scalable - smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services.