MDA Space (TSX:MDA) Goodwill-to-Asset

MDA Space (TSX:MDA) Goodwill-to-Asset : 0.17 (As of Sep. 2024)

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What is MDA Space Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. MDA Space's Goodwill for the quarter that ended in Sep. 2024 was C$441.0 Mil. MDA Space's Total Assets for the quarter that ended in Sep. 2024 was C$2,569.8 Mil. Therefore, MDA Space's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 was 0.17.

MDA Space Goodwill-to-Asset Historical Data

The historical data trend for MDA Space'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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MDA Space Goodwill-to-Asset Chart

MDA Space Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Goodwill-to-Asset

0.29

0.27

0.24

0.20

MDA Space Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Goodwill-to-Asset	Get a 7-Day Free Trial													0.22	0.20	0.20	0.19	0.17

Competitive Comparison of MDA Space's Goodwill-to-Asset

For the Aerospace & Defense subindustry, MDA Space'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.

MDA Space's Goodwill-to-Asset Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, MDA Space's Goodwill-to-Asset distribution charts can be found below:

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

MDA Space 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.

MDA Space's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Goodwill to Asset (A: Dec. 2023 )	=	Goodwill	/	Total Assets
	=	439.8	/	2161.7
	=	0.20

MDA Space's Goodwill to Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

Goodwill to Asset (Q: Sep. 2024 )	=	Goodwill	/	Total Assets
	=	441	/	2569.8
	=	0.17

MDA Space (TSX:MDA) 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.

MDA Space Goodwill-to-Asset Related Terms

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MDA Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MDA Space Ltd (TSX:MDA) » Definitions » Goodwill-to-Asset

Comparable Companies

Traded in Other Exchanges

MDALF:USA

Address

7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7

Website

https://www.mda.space

MDA Space Ltd is a developer and manufacturer of technology and services to space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure.

Executives

John Carter Risley	Director
Michael Philip Greenley	Director, Senior Officer
Guillaume Lavoie	Senior Officer
Yung Cheng Wu	Director
Janet Marie Mceachern	Senior Officer
Karl W. Smith	Director
Brendan Paddick	Director
Louis Vachon	Director
Vito Culmone	Senior Officer
James Balsillie	Director
Edgepoint Investment Group Inc.	10% Security Holder
Richard Emile Joseph Florizone	Director
Antonio Pagano	Director

MDA Space Headlines

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