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Wilmington Capital Management (TSX:WCM.B) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Wilmington Capital Management Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Wilmington Capital Management's Goodwill for the quarter that ended in Jun. 2023 was C$0.00 Mil. Wilmington Capital Management's Total Assets for the quarter that ended in Jun. 2023 was C$70.51 Mil. Therefore, Wilmington Capital Management's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 was 0.00.


Wilmington Capital Management Goodwill-to-Asset Historical Data

The historical data trend for Wilmington Capital Management'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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Wilmington Capital Management Goodwill-to-Asset Chart

Wilmington Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Goodwill-to-Asset
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Wilmington Capital Management Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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Competitive Comparison of Wilmington Capital Management's Goodwill-to-Asset

For the Asset Management subindustry, Wilmington Capital Management'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.


Wilmington Capital Management's Goodwill-to-Asset Distribution in the Asset Management Industry

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

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



Wilmington Capital Management 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.

Wilmington Capital Management's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )=Goodwill/Total Assets
=0/74.17
=0.00

Wilmington Capital Management's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/70.505
=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.


Wilmington Capital Management  (TSX:WCM.B) 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.


Wilmington Capital Management Goodwill-to-Asset Related Terms

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Wilmington Capital Management (TSX:WCM.B) Business Description

Traded in Other Exchanges
Address
3282 Ogdens Beach Road, Midland, ON, CAN, L4R 4K3
Wilmington Capital Management Inc is a Canada based investment and asset management company. Its principal objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. The corporation invests its own capital alongside partners and co-investors, in hard assets and private equity funds and manages these assets through operating entities.

Wilmington Capital Management (TSX:WCM.B) Headlines

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