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Q Lotus Holdings (Q Lotus Holdings) Goodwill : $0.00 Mil (As of Dec. 2013)


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What is Q Lotus Holdings 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. Q Lotus Holdings's goodwill for the quarter that ended in Dec. 2013 was $0.00 Mil.


Q Lotus Holdings Goodwill Historical Data

The historical data trend for Q Lotus Holdings'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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Q Lotus Holdings Goodwill Chart

Q Lotus Holdings Annual Data
Trend Sep07 Sep08 Sep09 Mar11 Mar12
Goodwill
- - - - -

Q Lotus Holdings Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
Goodwill 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 - - - - -

Q Lotus Holdings 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.


Q Lotus Holdings  (OTCPK:QLTS) 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.

Q Lotus Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2012 is calculated as

Goodwill-to-Asset (A: Mar. 2012 )=Goodwill/Total Assets
=0/0.038
=

Q Lotus Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Goodwill-to-Asset (Q: Dec. 2013 )=Goodwill/Total Assets
=0/0.679
=

* 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.


Q Lotus Holdings Goodwill Related Terms

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Q Lotus Holdings (Q Lotus Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Q Lotus Holdings, Inc. is a diversified financial services holding company which provides financing and acquires growing companies in which it believes its management participation in operations can create additional value.
Executives
Gary A Rosenberg director, officer: CEO and President 500 N. DEARBORN SUITE 605 CHICAGO IL 60654
Robert H Daskal director C/O OLYMPIC CASCADE FINANCIAL CORP 875 NORTH MICHIGAN AVENUE, STE. 1560 CHICAGO IL 60611

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