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EQB (TSX:EQB) Goodwill-to-Asset : 0.00 (As of Apr. 2025)


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What is EQB Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. EQB's Goodwill for the quarter that ended in Apr. 2025 was C$111 Mil. EQB's Total Assets for the quarter that ended in Apr. 2025 was C$54,305 Mil. Therefore, EQB's Goodwill to Asset Ratio for the quarter that ended in Apr. 2025 was 0.00.


EQB Goodwill-to-Asset Historical Data

The historical data trend for EQB'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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EQB Goodwill-to-Asset Chart

EQB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Oct24
Goodwill-to-Asset
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EQB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25
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Competitive Comparison of EQB's Goodwill-to-Asset

For the Banks - Regional subindustry, EQB'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.


EQB's Goodwill-to-Asset Distribution in the Banks Industry

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

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


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EQB 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.

EQB's Goodwill to Asset Ratio for the fiscal year that ended in Oct. 2024 is calculated as

Goodwill to Asset (A: Oct. 2024 )=Goodwill/Total Assets
=110.58/53233.921
=0.00

EQB's Goodwill to Asset Ratio for the quarter that ended in Apr. 2025 is calculated as

Goodwill to Asset (Q: Apr. 2025 )=Goodwill/Total Assets
=110.58/54305.34
=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.


EQB  (TSX:EQB) 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.


EQB Goodwill-to-Asset Related Terms

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EQB Business Description

Traded in Other Exchanges
Address
30 St. Clair Avenue West, Suite 700, Toronto, ON, CAN, M4V 3A1
EQB Inc operates through its wholly owned subsidiary, Equitable Bank, Canada's Challenger BankTM. It serves Canadians through two business lines, Personal Banking and Business Banking. The company differentiates by providing a host of challenger bank deposit services, alternative single-family lending, reverse mortgage lending, insurance lending, Specialized finance, Commercial finance group, Equipment financing, credit union services and trust services.
Executives
Smith Financial Corporation 10% Security Holder
Stephen Smith 10% Security Holder
Andrew Moor Senior Officer
Katherine Ruta Senior Officer
Chadwick Westlake Senior Officer
Timothy Paul Charron Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Daniel Broten Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Paul Mignardi Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Darren Lorimer Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Isabelle Farella Senior Officer
Mahima Poddar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Michael Stramaglia Director
David Wilkes Senior Officer
Yongah Kim Director
Oakwest Corporation Limited 10% Security Holder

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