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HQDA Elderly Life Network (HQDA Elderly Life Network) Goodwill-to-Asset : 0.00 (As of Mar. 2022)


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What is HQDA Elderly Life Network Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. HQDA Elderly Life Network's Goodwill for the quarter that ended in Mar. 2022 was $0.00 Mil. HQDA Elderly Life Network's Total Assets for the quarter that ended in Mar. 2022 was $26.57 Mil. Therefore, HQDA Elderly Life Network's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 was 0.00.


HQDA Elderly Life Network Goodwill-to-Asset Historical Data

The historical data trend for HQDA Elderly Life Network'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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HQDA Elderly Life Network Goodwill-to-Asset Chart

HQDA Elderly Life Network Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Goodwill-to-Asset
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HQDA Elderly Life Network Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of HQDA Elderly Life Network's Goodwill-to-Asset

For the Medical Care Facilities subindustry, HQDA Elderly Life Network'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.


HQDA Elderly Life Network's Goodwill-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HQDA Elderly Life Network's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where HQDA Elderly Life Network's Goodwill-to-Asset falls into.



HQDA Elderly Life Network 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.

HQDA Elderly Life Network's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2021 is calculated as

Goodwill to Asset (A: Jun. 2021 )=Goodwill/Total Assets
=0/26.491
=0.00

HQDA Elderly Life Network's Goodwill to Asset Ratio for the quarter that ended in Mar. 2022 is calculated as

Goodwill to Asset (Q: Mar. 2022 )=Goodwill/Total Assets
=0/26.574
=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.


HQDA Elderly Life Network  (OTCPK:HQDA) 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.


HQDA Elderly Life Network Goodwill-to-Asset Related Terms

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HQDA Elderly Life Network (HQDA Elderly Life Network) Business Description

Traded in Other Exchanges
N/A
Address
8780 Valley Boulevard, Suite J, Rosemead, CA, USA, 91770
HQDA Elderly Life Network Corp is engaged in providing seniors living residences with a supportive, home life setting with care and services, including activities of daily living, life enrichment, and health and wellness in certain cities in China. The company also operates a network carrier, providing scheduled air transportation to passengers, and travel destination services to leisure travelers. It operates in a single segment being senior housing and retirement services.
Executives
Ann-marie Cederholm director, officer: CFO 102-137 EAST 1ST STREET, NORTH VANCOUVER A1 V7L 1B2
Timothy A Coupland director, 10 percent owner, officer: CEO 1090 SHAMAN CRES, DELTA A1 V4M 2L7
Brian David Game director 3140 RICHMOND STREET, RICHMOND A1 V7E 2V6

HQDA Elderly Life Network (HQDA Elderly Life Network) Headlines