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Bally Total Fitness Holding (Bally Total Fitness Holding) Goodwill-to-Asset : 0.05 (As of Jun. 2007)


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What is Bally Total Fitness Holding Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Bally Total Fitness Holding's Goodwill for the quarter that ended in Jun. 2007 was $19.73 Mil. Bally Total Fitness Holding's Total Assets for the quarter that ended in Jun. 2007 was $411.38 Mil. Therefore, Bally Total Fitness Holding's Goodwill to Asset Ratio for the quarter that ended in Jun. 2007 was 0.05.


Bally Total Fitness Holding Goodwill-to-Asset Historical Data

The historical data trend for Bally Total Fitness Holding'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.

Bally Total Fitness Holding Goodwill-to-Asset Chart

Bally Total Fitness Holding Annual Data
Trend Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.04 0.05

Bally Total Fitness Holding Quarterly Data
Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07
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 0.05 0.05 0.05 0.05 0.05

Competitive Comparison of Bally Total Fitness Holding's Goodwill-to-Asset

For the Leisure subindustry, Bally Total Fitness Holding'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.


Bally Total Fitness Holding's Goodwill-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bally Total Fitness Holding's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Bally Total Fitness Holding's Goodwill-to-Asset falls into.



Bally Total Fitness Holding 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.

Bally Total Fitness Holding's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Goodwill to Asset (A: Dec. 2006 )=Goodwill/Total Assets
=19.73/396.771
=0.05

Bally Total Fitness Holding's Goodwill to Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

Goodwill to Asset (Q: Jun. 2007 )=Goodwill/Total Assets
=19.73/411.379
=0.05

* 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.


Bally Total Fitness Holding  (GREY:BLLYW) 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.


Bally Total Fitness Holding Goodwill-to-Asset Related Terms

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Bally Total Fitness Holding (Bally Total Fitness Holding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
8700 West Bryn Mawr Avenue, Chicago, IL, USA, 60631
Bally Total Fitness Holding is the largest commercial operator of fitness centers in the United States in terms of revenue, number of members, and square footage of facilities. The company operates more than 400 fitness centers with approximately 4 million members. Its fitness centers are generally 30,000 square feet in size and include such amenities as a workout area, sauna and steam facilities, a lap pool, free-weight rooms, aerobic-exercise rooms, an indoor jogging track, and racquetball courts.

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