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Carbon Minerals (ASX:CRM) Goodwill-to-Asset : 0.00 (As of Jun. 2023)


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What is Carbon Minerals Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Carbon Minerals's Goodwill for the quarter that ended in Jun. 2023 was A$0.00 Mil. Carbon Minerals's Total Assets for the quarter that ended in Jun. 2023 was A$4.02 Mil.


Carbon Minerals Goodwill-to-Asset Historical Data

The historical data trend for Carbon Minerals'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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Carbon Minerals Goodwill-to-Asset Chart

Carbon Minerals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Goodwill-to-Asset
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Carbon Minerals Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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Competitive Comparison of Carbon Minerals's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Carbon Minerals'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.


Carbon Minerals's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Carbon Minerals's Goodwill-to-Asset distribution charts can be found below:

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



Carbon Minerals 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.

Carbon Minerals's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Goodwill to Asset (A: Dec. 2022 )=Goodwill/Total Assets
=0/4.047
=

Carbon Minerals's Goodwill to Asset Ratio for the quarter that ended in Jun. 2023 is calculated as

Goodwill to Asset (Q: Jun. 2023 )=Goodwill/Total Assets
=0/4.024
=

* 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.


Carbon Minerals  (ASX:CRM) 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.


Carbon Minerals Goodwill-to-Asset Related Terms

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Carbon Minerals Business Description

Traded in Other Exchanges
N/A
Address
Level 2, 66 Clarence Street, Suite 3, Sydney, NSW, AUS, 2000
Carbon Minerals Ltd is an Australia-based company engaged in the exploration of natural resources in the Commonwealth of Australia. It operates as a natural resources explorer and a primary producer in one geographical location, being Australia. It derives revenue from the Natural resource exploration segment. The company's project includes the Gunnedah Basin Coal-Seam-Gas Project.