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Gordon Creek Energy (FRA:M2Y1) Goodwill : €0.00 Mil (As of Oct. 2015)


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What is Gordon Creek Energy Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Gordon Creek Energy's goodwill for the quarter that ended in Oct. 2015 was €0.00 Mil.


Gordon Creek Energy Goodwill Historical Data

The historical data trend for Gordon Creek Energy's Goodwill 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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Gordon Creek Energy Goodwill Chart

Gordon Creek Energy Annual Data
Trend Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
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Gordon Creek Energy Quarterly Data
Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15
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Gordon Creek Energy Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Gordon Creek Energy  (FRA:M2Y1) Goodwill Explanation

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.

Gordon Creek Energy's Goodwill-to-Asset Ratio for the fiscal year that ended in Jan. 2015 is calculated as

Goodwill-to-Asset (A: Jan. 2015 )=Goodwill/Total Assets
=0/19.936
=0.00

Gordon Creek Energy's Goodwill-to-Asset Ratio for the quarter that ended in Oct. 2015 is calculated as

Goodwill-to-Asset (Q: Oct. 2015 )=Goodwill/Total Assets
=0/17.206
=0.00

* 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.

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.


Gordon Creek Energy Goodwill Related Terms

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Gordon Creek Energy (FRA:M2Y1) Business Description

Traded in Other Exchanges
N/A
Address
734, 7th Avenue South West, Suite 1350, Calgary, AB, CAN, T2P 3P8
Gordon Creek Energy Inc is engaged in the acquisition, exploration, development, and production of oil and natural gas properties located in the United States of America. Its projects include Gordon Creek Property; and Weston County.

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