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Itonis (Itonis) Goodwill-to-Asset : 0.00 (As of Feb. 2008)


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What is Itonis Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Itonis's Goodwill for the quarter that ended in Feb. 2008 was $0.00 Mil. Itonis's Total Assets for the quarter that ended in Feb. 2008 was $1.11 Mil.


Itonis Goodwill-to-Asset Historical Data

The historical data trend for Itonis'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.

Itonis Goodwill-to-Asset Chart

Itonis Annual Data
Trend Nov05 Nov06 Nov07
Goodwill-to-Asset
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Itonis Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Itonis's Goodwill-to-Asset

For the Medical Distribution subindustry, Itonis'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.


Itonis's Goodwill-to-Asset Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Itonis's Goodwill-to-Asset distribution charts can be found below:

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



Itonis 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.

Itonis's Goodwill to Asset Ratio for the fiscal year that ended in Nov. 2007 is calculated as

Goodwill to Asset (A: Nov. 2007 )=Goodwill/Total Assets
=0/0.025
=0.00

Itonis's Goodwill to Asset Ratio for the quarter that ended in Feb. 2008 is calculated as

Goodwill to Asset (Q: Feb. 2008 )=Goodwill/Total Assets
=0/1.11
=

* 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.


Itonis  (OTCPK:ITNS) 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.


Itonis Goodwill-to-Asset Related Terms

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Itonis (Itonis) Business Description

Traded in Other Exchanges
N/A
Address
22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630
Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

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