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Highlander Silver (XCNQ:LIDO) Goodwill-to-Asset : 0.00 (As of Mar. 2024)


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What is Highlander Silver Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Highlander Silver's Goodwill for the quarter that ended in Mar. 2024 was C$0.00 Mil. Highlander Silver's Total Assets for the quarter that ended in Mar. 2024 was C$2.66 Mil.


Highlander Silver Goodwill-to-Asset Historical Data

The historical data trend for Highlander Silver'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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Highlander Silver Goodwill-to-Asset Chart

Highlander Silver Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Goodwill-to-Asset
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Highlander Silver Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Highlander Silver's Goodwill-to-Asset

For the Silver subindustry, Highlander Silver'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.


Highlander Silver's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Highlander Silver's Goodwill-to-Asset distribution charts can be found below:

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



Highlander Silver 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.

Highlander Silver's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Goodwill to Asset (A: Sep. 2023 )=Goodwill/Total Assets
=0/0.519
=

Highlander Silver's Goodwill to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Goodwill to Asset (Q: Mar. 2024 )=Goodwill/Total Assets
=0/2.664
=

* 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.


Highlander Silver  (XCNQ:LIDO) 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.


Highlander Silver Goodwill-to-Asset Related Terms

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Highlander Silver (XCNQ:LIDO) Business Description

Traded in Other Exchanges
Address
130 Brew Street, Suite 605, Port Moody, BC, CAN, V3H 0E3
Highlander Silver Corp is engaged in the acquisition, exploration, and evaluation of mineral properties located in Peru. The Company's main corporate strategy is to advance its mineral properties to a drill-ready stage and then conduct exploration and evaluation. The company's projects include Alta victoria and Politunche.

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