RE:RE:RE:Financial Statements Your comment on Goodwill will require you to research and go through the details of the report. First, search out "company financials good bad Goodwill". I believe investorpedia has articles and examples that go over examples of both good Goodwill and bad Goodwill. TLRY has Goodwill value assigned to parents and brands. There is a method for assigning those values which can also be researched.
There are different kinds of intangible assets.
Goodwill is presented as a separate item on a company's Statement of Financial Position (Balance Sheet) because it's a specific type of intangible asset that differs from all others. When a company purchases another company at a price that is higher than the fair market value of the target company's net assets, the difference is considered to be Goodwill. Goodwill is seen as representing elements such as a the target company’s good reputation, loyal customer base, high quality workforce, etc. that can't be accurately measured in dollar terms, can't be sold off separately by the acquiring company once the target company is purchased, and needs to be evaluated each year for possible impairments.
Other types of intangible assets include things like trademarks, brand names, patents and/or other intellectual property than can be sold separately by the company and are thus listed together as a separate Balance Sheet item.
As mentioned in my previous post, the case of Tilray, its Balance Sheet as at November 30, 2024 released Friday shows Goodwill at $2B, (other) Intangible Assets at $867M, and Total Assets of $4.2B. It is quite common for a company that is a serial acquirer of other businesses to have a high Goodwill figure as it usually has to pay a premium to the fair market value of the target company's net assets such that the target's BOD is persuaded to recommend the sale of the company to its shareholders (or getting a private owner to agree to sell).