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Aqua Power Systems (Aqua Power Systems) Goodwill-to-Asset : 0.00 (As of Sep. 2022)


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What is Aqua Power Systems Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Aqua Power Systems's Goodwill for the quarter that ended in Sep. 2022 was $0.00 Mil. Aqua Power Systems's Total Assets for the quarter that ended in Sep. 2022 was $0.09 Mil.


Aqua Power Systems Goodwill-to-Asset Historical Data

The historical data trend for Aqua Power Systems'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.

* Premium members only.

Aqua Power Systems Goodwill-to-Asset Chart

Aqua Power Systems Annual Data
Trend Apr12 Apr13 Mar15 Mar21
Goodwill-to-Asset
- - - -

Aqua Power Systems Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jun14 Sep14 Dec14 Mar15 Jun15 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Aqua Power Systems's Goodwill-to-Asset

For the Integrated Freight & Logistics subindustry, Aqua Power Systems'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.


Aqua Power Systems's Goodwill-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aqua Power Systems's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Aqua Power Systems's Goodwill-to-Asset falls into.



Aqua Power Systems 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.

Aqua Power Systems's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2021 is calculated as

Goodwill to Asset (A: Mar. 2021 )=Goodwill/Total Assets
=0/0
=

Aqua Power Systems's Goodwill to Asset Ratio for the quarter that ended in Sep. 2022 is calculated as

Goodwill to Asset (Q: Sep. 2022 )=Goodwill/Total Assets
=0/0.091
=

* 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.


Aqua Power Systems  (OTCPK:APSI) 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.


Aqua Power Systems Goodwill-to-Asset Related Terms

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Aqua Power Systems (Aqua Power Systems) Business Description

Traded in Other Exchanges
N/A
Address
2180 Park Avenue North, Unit 200, Winter Park, FL, USA, 32789
Aqua Power Systems Inc provides efficient and reliable logistics and transportation solutions.

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