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Abakan (Abakan) Goodwill-to-Asset : 0.03 (As of May. 2015)


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What is Abakan Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Abakan's Goodwill for the quarter that ended in May. 2015 was $0.36 Mil. Abakan's Total Assets for the quarter that ended in May. 2015 was $14.22 Mil. Therefore, Abakan's Goodwill to Asset Ratio for the quarter that ended in May. 2015 was 0.03.


Abakan Goodwill-to-Asset Historical Data

The historical data trend for Abakan'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.

* Premium members only.

Abakan Goodwill-to-Asset Chart

Abakan Annual Data
Trend May07 May08 May09 May10 May11 May12 May13 May14 May15
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only - 0.02 0.02 0.03 0.03

Abakan Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
Goodwill-to-Asset 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 0.03 0.02 0.02 0.03 0.03

Competitive Comparison of Abakan's Goodwill-to-Asset

For the Specialty Chemicals subindustry, Abakan'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.


Abakan's Goodwill-to-Asset Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Abakan's Goodwill-to-Asset distribution charts can be found below:

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



Abakan 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.

Abakan's Goodwill to Asset Ratio for the fiscal year that ended in May. 2015 is calculated as

Goodwill to Asset (A: May. 2015 )=Goodwill/Total Assets
=0.36/14.221
=0.03

Abakan's Goodwill to Asset Ratio for the quarter that ended in May. 2015 is calculated as

Goodwill to Asset (Q: May. 2015 )=Goodwill/Total Assets
=0.36/14.221
=0.03

* 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.


Abakan  (OTCPK:ABKI) 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.


Abakan Goodwill-to-Asset Related Terms

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Abakan (Abakan) Business Description

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Address
Abakan Inc manufactures and markets nano-composite materials, fabricated metal products, engineered metal composites and engineered reactive materials. These have applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure, and processing industries. Its technology portfolio includes metal cladding technology, long-life nano-composite anti-corrosion and wear coating materials, metal composites, and dissolvable materials. It offers a family of nano-composite thermal spray coating materials known as PComP. The company's revenues are comprised of sales of PComP powder along with thermal spray application services, research and development grants and equipment sale and lease income.

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