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Affinity Education Group (FRA:A0J) Goodwill-to-Asset : 0.00 (As of Jun. 2015)


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What is Affinity Education Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Affinity Education Group's Goodwill for the quarter that ended in Jun. 2015 was €0.0 Mil. Affinity Education Group's Total Assets for the quarter that ended in Jun. 2015 was €199.4 Mil. Therefore, Affinity Education Group's Goodwill to Asset Ratio for the quarter that ended in Jun. 2015 was 0.00.


Affinity Education Group Goodwill-to-Asset Historical Data

The historical data trend for Affinity Education Group'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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Affinity Education Group Goodwill-to-Asset Chart

Affinity Education Group Annual Data
Trend Dec14
Goodwill-to-Asset
0.88

Affinity Education Group Semi-Annual Data
Jun14 Dec14 Jun15
Goodwill-to-Asset - 0.88 -

Competitive Comparison of Affinity Education Group's Goodwill-to-Asset

For the Personal Services subindustry, Affinity Education Group'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.


Affinity Education Group's Goodwill-to-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Affinity Education Group's Goodwill-to-Asset distribution charts can be found below:

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



Affinity Education Group 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.

Affinity Education Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill to Asset (A: Dec. 2014 )=Goodwill/Total Assets
=115.174/131.302
=0.88

Affinity Education Group's Goodwill to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Goodwill to Asset (Q: Jun. 2015 )=Goodwill/Total Assets
=0/199.414
=0.00

* 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.


Affinity Education Group  (FRA:A0J) 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.


Affinity Education Group Goodwill-to-Asset Related Terms

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Affinity Education Group Business Description

Traded in Other Exchanges
N/A
Address
Affinity Education Group Ltd was incorporated on 21st May, 2013. The Company provides education and care to children aged six weeks to 12 years. Provision of these services includes long day care, before and after school care and occasional care. Its segments include Long day care centers, Outside school-hours care, Family day care, and Occasional care. Long day care centers are set up to primarily offer care to below school age children with working parents. The care can be both full-and-part time. Outside school-hours care provides before and after school short-term care to children of primary school age. Vacation care is also considered part of this segment, providing child care services to parents during school holidays. Family day care is the only area of child care approved under the National Quality Framework that takes place outside of a center, with care provided in the home of an approved educator. This type of care can be all day, part time, occasional or outside school hours. Occasional care offers child care services for children on a casual basis. Centers offering occasional services are primarily set up to provide flexibility to parents with irregular working hours or short-term needs. As with family day care, occasional care is a capped program.

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