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Bluestone Global (ASX:BUE) Goodwill-to-Asset : 0.09 (As of Jun. 2013)


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What is Bluestone Global Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Bluestone Global's Goodwill for the quarter that ended in Jun. 2013 was A$5.8 Mil. Bluestone Global's Total Assets for the quarter that ended in Jun. 2013 was A$63.3 Mil. Therefore, Bluestone Global's Goodwill to Asset Ratio for the quarter that ended in Jun. 2013 was 0.09.


Bluestone Global Goodwill-to-Asset Historical Data

The historical data trend for Bluestone Global'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.

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Bluestone Global Goodwill-to-Asset Chart

Bluestone Global Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Goodwill-to-Asset
Get a 7-Day Free Trial - 0.29 0.39 0.30 0.09

Bluestone Global Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Goodwill-to-Asset Get a 7-Day Free Trial - 0.29 0.39 0.30 0.09

Competitive Comparison of Bluestone Global's Goodwill-to-Asset

For the Staffing & Employment Services subindustry, Bluestone Global'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.


Bluestone Global's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Bluestone Global's Goodwill-to-Asset distribution charts can be found below:

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



Bluestone Global 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.

Bluestone Global's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2013 is calculated as

Goodwill to Asset (A: Jun. 2013 )=Goodwill/Total Assets
=5.83/63.264
=0.09

Bluestone Global's Goodwill to Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

Goodwill to Asset (Q: Jun. 2013 )=Goodwill/Total Assets
=5.83/63.264
=0.09

* 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.


Bluestone Global  (ASX:BUE) 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.


Bluestone Global Goodwill-to-Asset Related Terms

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Bluestone Global (ASX:BUE) Business Description

Traded in Other Exchanges
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Bluestone Global Limited is a specialist labour hire, professional placement and international recruitment firm trading under three key brands: Bluestone Recruitment, ResCo Services and Bluestone International. The Group has core capabilities encompassing temporary, permanent and international recruitment with a focus on the skills and labour constrained industries, including energy (coal, oil & gas), resources, transport and logistics, information technology, health, aged care and financial services. The Company operates its business in three segments: labour hire segment, mining segment and international segment. The Labor Hire segment engages in the placement of temporary and permanent workers domestically and overseas. The Mining segment provides solutions to the resources sector including the delivery of skilled labour, operations of mining sites, maintenance of plant and equipment and the provision of critical spares and consumables. The International segment engages in placement of temporary and permanent workers in Australia, sourced internationally.

Bluestone Global (ASX:BUE) Headlines

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