Athena IT-Group AS (OCSE:ATHENA) Goodwill-to-Asset : 0.00 (As of Sep. 2015)

Athena IT-Group AS Goodwill-to-Asset Chart

Athena IT-Group AS Quarterly Data
	Jun09	Jun10	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Goodwill-to-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Athena IT-Group AS's Goodwill-to-Asset

For the Information Technology Services subindustry, Athena IT-Group AS'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.

Athena IT-Group AS's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Athena IT-Group AS's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Athena IT-Group AS's Goodwill-to-Asset falls into.

Athena IT-Group AS 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.

Athena IT-Group AS's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Athena IT-Group AS's Goodwill to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

* 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.

Athena IT-Group AS  (OCSE:ATHENA) 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.

Athena IT-Group AS Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Athena IT-Group AS's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

Athena IT-Group AS (OCSE:ATHENA) Business Description