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CMILD (Capella Minerals) Goodwill-to-Asset : 0.00 (As of Aug. 2024)


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What is Capella Minerals Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Capella Minerals's Goodwill for the quarter that ended in Aug. 2024 was $0.00 Mil. Capella Minerals's Total Assets for the quarter that ended in Aug. 2024 was $1.65 Mil.


Capella Minerals Goodwill-to-Asset Historical Data

The historical data trend for Capella Minerals'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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Capella Minerals Goodwill-to-Asset Chart

Capella Minerals Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Goodwill-to-Asset
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Capella Minerals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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Competitive Comparison of Capella Minerals's Goodwill-to-Asset

For the Other Precious Metals & Mining subindustry, Capella Minerals'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.


Capella Minerals's Goodwill-to-Asset Distribution in the Metals & Mining Industry

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

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



Capella Minerals 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.

Capella Minerals's Goodwill to Asset Ratio for the fiscal year that ended in May. 2024 is calculated as

Goodwill to Asset (A: May. 2024 )=Goodwill/Total Assets
=0/1.639
=

Capella Minerals's Goodwill to Asset Ratio for the quarter that ended in Aug. 2024 is calculated as

Goodwill to Asset (Q: Aug. 2024 )=Goodwill/Total Assets
=0/1.645
=

* 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.


Capella Minerals  (OTCPK:CMILD) 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.


Capella Minerals Goodwill-to-Asset Related Terms

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Capella Minerals Business Description

Traded in Other Exchanges
Address
8681 Clay Street, Mission, BC, CAN, V4S 1E7
Capella Minerals Ltd engages in the acquisition, exploration, and development of base and battery metals projects in Scandinavia (copper-cobalt projects in Norway and lithium-rare earth element projects in central Finland) together with copper-gold projects in northern Finland. In addition, the Company also retains exposure to exploration success in precious metals projects through two gold Joint Ventures in Canada and a silver-gold Joint Venture in Argentina.