BackDefiance Daily Target 2X Short QBTS ETF Overview

Defiance Daily Target 2X Short QBTS ETF Goodwill

Defiance Daily Target 2X Short QBTS ETF's goodwill is $90M.

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Goodwill
$89.86M
↓ 8.16% YoYΔ $-7.98M vs prior year quarter

Peer trimmed avg / median

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Defiance Daily Target 2X Short QBTS ETF Goodwill History

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Defiance Daily Target 2X Short QBTS ETF vs. peers: Goodwill Comparison

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Defiance Daily Target 2X Short QBTS ETF Goodwill Growth (YoY per quarter)

Latest change versus the prior comparable period (same company).

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Balance Sheet Breakdown

Current CashShort Term InvestmentsReceivablesInventoryOther Current AssetsCurrent AssetsLong Term InvestmentsProperty Plant EquipmentGoodwillIntangible AssetsOther AssetsTotal AssetsNet Tangible AssetsAccounts PayableOther Current LiabilitiesTotal Current LiabilitiesLong Term DebtOther LiabilitiesMinority InterestTotal Liabilities

Defiance Daily Target 2X Short QBTS ETF (QBTZ) FAQ

Defiance Daily Target 2X Short QBTS ETF posts a goodwill of $90M as of June 2016. That compares with $98M in the prior-year period — down 8.2% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Defiance Daily Target 2X Short QBTS ETF's goodwill was $98M. The latest reading is $90M — a 8.2% year-over-year decrease (period ending June 2016). Use the history and growth charts on this page for a longer lookback.

Goodwill is one piece of Defiance Daily Target 2X Short QBTS ETF's financial statement story. At $90M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for QBTZ's goodwill usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Defiance Daily Target 2X Short QBTS ETF's other metric pages and overview cover the third.