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Leafbuyer Technologies (Leafbuyer Technologies) Goodwill : $0.00 Mil (As of Dec. 2023)


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What is Leafbuyer Technologies Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Leafbuyer Technologies's goodwill for the quarter that ended in Dec. 2023 was $0.00 Mil.


Leafbuyer Technologies Goodwill Historical Data

The historical data trend for Leafbuyer Technologies's Goodwill 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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Leafbuyer Technologies Goodwill Chart

Leafbuyer Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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Leafbuyer Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Leafbuyer Technologies Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Leafbuyer Technologies  (OTCPK:LBUY) Goodwill Explanation

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.

Leafbuyer Technologies's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Goodwill-to-Asset (A: Jun. 2023 )=Goodwill/Total Assets
=0/1.835
=0.00

Leafbuyer Technologies's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Goodwill-to-Asset (Q: Dec. 2023 )=Goodwill/Total Assets
=0/1.251
=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.

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.


Leafbuyer Technologies Goodwill Related Terms

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Leafbuyer Technologies (Leafbuyer Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6888 South Clinton Street, Suite 301, Greenwood Village, CO, USA, 80112
Leafbuyer Technologies Inc operates an online portal for cannabis deals and specials. The company primarily serves legal cannabis dispensaries and companies who create cannabis-related products. It markets THC, CBD, CBG, Concentrates, and Edibles Products.
Executives
Jeffrey D Rudolph director PO BOX 202319, DENVER CO 80220
Kristin Lea Baca director 16871 E CALEY PL, AURORA CO 80016
Kurt Rossner director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Mark Breen director, 10 percent owner, officer: Chief Operating Officer 6888 S CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112
Michael Goerner director, 10 percent owner, officer: Chief Operating Officer 6888 S. CLINTON STREET, SUITE 300, GREENWOOD VILLAGE CO 80112