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Trafford Resources (ASX:TRF) Goodwill-to-Asset : 0.00 (As of Dec. 2014)


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What is Trafford Resources Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Trafford Resources's Goodwill for the quarter that ended in Dec. 2014 was A$0.00 Mil. Trafford Resources's Total Assets for the quarter that ended in Dec. 2014 was A$3.88 Mil.


Trafford Resources Goodwill-to-Asset Historical Data

The historical data trend for Trafford Resources'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.

Trafford Resources Goodwill-to-Asset Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Goodwill-to-Asset
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Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Trafford Resources's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Trafford Resources'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.


Trafford Resources's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Trafford Resources's Goodwill-to-Asset distribution charts can be found below:

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



Trafford Resources 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.

Trafford Resources's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Goodwill to Asset (A: Jun. 2014 )=Goodwill/Total Assets
=0/5.467
=

Trafford Resources's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=0/3.879
=

* 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.


Trafford Resources  (ASX:TRF) 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.


Trafford Resources Goodwill-to-Asset Related Terms

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Trafford Resources (ASX:TRF) Business Description

Traded in Other Exchanges
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Address
Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

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