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QRS Music Technologies (QRS Music Technologies) Goodwill-to-Asset : 0.01 (As of Mar. 2007)


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What is QRS Music Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. QRS Music Technologies's Goodwill for the quarter that ended in Mar. 2007 was $0.06 Mil. QRS Music Technologies's Total Assets for the quarter that ended in Mar. 2007 was $12.33 Mil. Therefore, QRS Music Technologies's Goodwill to Asset Ratio for the quarter that ended in Mar. 2007 was 0.01.


QRS Music Technologies Goodwill-to-Asset Historical Data

The historical data trend for QRS Music Technologies'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.

QRS Music Technologies Goodwill-to-Asset Chart

QRS Music Technologies Annual Data
Trend Jun01 Jun02 Jun03 Jun04 Jun05 Jun06
Goodwill-to-Asset
Get a 7-Day Free Trial - - - 0.01 0.01

QRS Music Technologies Quarterly Data
Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07
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 - 0.01 0.01 0.01 0.01

Competitive Comparison of QRS Music Technologies's Goodwill-to-Asset

For the Leisure subindustry, QRS Music Technologies'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.


QRS Music Technologies's Goodwill-to-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, QRS Music Technologies's Goodwill-to-Asset distribution charts can be found below:

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



QRS Music Technologies 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.

QRS Music Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2006 is calculated as

Goodwill to Asset (A: Jun. 2006 )=Goodwill/Total Assets
=0.06/13.046
=0.00

QRS Music Technologies's Goodwill to Asset Ratio for the quarter that ended in Mar. 2007 is calculated as

Goodwill to Asset (Q: Mar. 2007 )=Goodwill/Total Assets
=0.06/12.333
=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.


QRS Music Technologies  (OTCPK:QRSM) 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.


QRS Music Technologies Goodwill-to-Asset Related Terms

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QRS Music Technologies (QRS Music Technologies) Business Description

Traded in Other Exchanges
N/A
Address
269 Quaker Drive, Seneca, PA, USA, 16346
QRS Music Technologies Inc manufactures and distributes pianos, pianomation units and compact discs and music rolls for use in player pianos. The firm has a presence in Buffalo, New York and Seneca, Pennsylvania within the United States and internationally in Belmain NSW, Australia. It also operates a sales and procurement office in Hong Kong, China.

QRS Music Technologies (QRS Music Technologies) Headlines