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Rocky Mountain Chocolate Factory (Rocky Mountain Chocolate Factory) Goodwill-to-Asset : 0.03 (As of Nov. 2023)


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What is Rocky Mountain Chocolate Factory Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Rocky Mountain Chocolate Factory's Goodwill for the quarter that ended in Nov. 2023 was $0.58 Mil. Rocky Mountain Chocolate Factory's Total Assets for the quarter that ended in Nov. 2023 was $21.28 Mil. Therefore, Rocky Mountain Chocolate Factory's Goodwill to Asset Ratio for the quarter that ended in Nov. 2023 was 0.03.


Rocky Mountain Chocolate Factory Goodwill-to-Asset Historical Data

The historical data trend for Rocky Mountain Chocolate Factory'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.

Rocky Mountain Chocolate Factory Goodwill-to-Asset Chart

Rocky Mountain Chocolate Factory Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.03 0.03 0.03

Rocky Mountain Chocolate Factory Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.03 0.03 0.03

Competitive Comparison of Rocky Mountain Chocolate Factory's Goodwill-to-Asset

For the Confectioners subindustry, Rocky Mountain Chocolate Factory'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.


Rocky Mountain Chocolate Factory's Goodwill-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Rocky Mountain Chocolate Factory's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Rocky Mountain Chocolate Factory's Goodwill-to-Asset falls into.



Rocky Mountain Chocolate Factory 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.

Rocky Mountain Chocolate Factory's Goodwill to Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

Goodwill to Asset (A: Feb. 2023 )=Goodwill/Total Assets
=0.58/21.987
=0.03

Rocky Mountain Chocolate Factory's Goodwill to Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

Goodwill to Asset (Q: Nov. 2023 )=Goodwill/Total Assets
=0.58/21.28
=0.03

* 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.


Rocky Mountain Chocolate Factory  (NAS:RMCF) 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.


Rocky Mountain Chocolate Factory Goodwill-to-Asset Related Terms

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Rocky Mountain Chocolate Factory (Rocky Mountain Chocolate Factory) Business Description

Traded in Other Exchanges
Address
265 Turner Drive, Durango, CO, USA, 81303
Rocky Mountain Chocolate Factory Inc operates as a manufacturer of chocolate candies and confectionery products. The business activity of the firm functions through Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other segments. Its products include varieties of Clusters, Caramels, Creams, Toffees, Mints, and Truffles. Geographically, the company and its subsidiaries have stores in Canada, South Korea, Panama, the Philippines, Qatar, and other countries.
Executives
Robert J Sarlls director, officer: Chief Executive Officer 1703 N. RANDALL ROAD, ELGIN IL 60123-7820
Global Value Investment Corp. 10 percent owner 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Geygan Jeffrey Richart Geygan director 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Brett P Seabert director 265 TURNER DRIVE, DURANGO CO 81303
A Allen Arroyo officer: CFO C/O ROCKY MOUNTAIN CHOCOLATE FACTORY, 265 TURNER DRIVE, DURANGO CO 81303
Gvp 2021-a, Llc other: GVIC-Controlled Entity 1433 N WATER STREET, SUITE 400, MILWAUKEE WI 53202
Gvp 2021-a, L.p. other: GVIC-Controlled Entity 1433 N WATER STREET, SUITE 400, MILWAUKEE WI 53202
Kathleen Geygan other: Director of GVIC 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Stacy Wilke other: Officer of GVIC 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
James Geygan other: Officer of GVIC 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
Mark O Riegel director 265 TURNER DRIVE, DURANGO CO 81303
Andrew Berger other: See Explanation of Responses 84 ELM STREET, WESTFIELD NJ 07090
Richard Degnan other: See footnote 1 2101 FREDRICK DOUGLAS BLVD, NEW YORK NY 10026
Suchit Majmudar other: See footnote 1 1200 SOUTH GARFIELD STREET, DENVER CO 80210
Mary Bradley other: See footnote 1 103 ST ANDREWS PLACE, NEWTOWN PA 18940