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Corinthian Colleges (FRA:CH7) Goodwill-to-Asset : 0.20 (As of Jun. 2013)


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What is Corinthian Colleges Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Corinthian Colleges's Goodwill for the quarter that ended in Jun. 2013 was €156 Mil. Corinthian Colleges's Total Assets for the quarter that ended in Jun. 2013 was €780 Mil. Therefore, Corinthian Colleges's Goodwill to Asset Ratio for the quarter that ended in Jun. 2013 was 0.20.


Corinthian Colleges Goodwill-to-Asset Historical Data

The historical data trend for Corinthian Colleges'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.

Corinthian Colleges Goodwill-to-Asset Chart

Corinthian Colleges Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.29 0.16 0.18 0.20

Corinthian Colleges Semi-Annual Data
Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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 0.23 0.29 0.16 0.18 0.20

Competitive Comparison of Corinthian Colleges's Goodwill-to-Asset

For the Education & Training Services subindustry, Corinthian Colleges'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.


Corinthian Colleges's Goodwill-to-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Corinthian Colleges's Goodwill-to-Asset distribution charts can be found below:

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



Corinthian Colleges 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.

Corinthian Colleges'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
=155.837/779.788
=0.20

Corinthian Colleges'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
=155.837/779.788
=0.20

* 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.


Corinthian Colleges  (FRA:CH7) 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.


Corinthian Colleges Goodwill-to-Asset Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

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Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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