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Randgold Resources (Randgold Resources) Goodwill-to-Asset : 0.00 (As of Sep. 2018)


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What is Randgold Resources Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Randgold Resources's Goodwill for the quarter that ended in Sep. 2018 was $0 Mil. Randgold Resources's Total Assets for the quarter that ended in Sep. 2018 was $0 Mil.


Randgold Resources Goodwill-to-Asset Historical Data

The historical data trend for Randgold Resources'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.

Randgold Resources Goodwill-to-Asset Chart

Randgold Resources Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Goodwill-to-Asset
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Randgold Resources Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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Competitive Comparison of Randgold Resources's Goodwill-to-Asset

For the Gold subindustry, Randgold Resources'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.


Randgold Resources's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Randgold Resources's Goodwill-to-Asset distribution charts can be found below:

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



Randgold Resources 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.

Randgold Resources's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2017 is calculated as

Goodwill to Asset (A: Dec. 2017 )=Goodwill/Total Assets
=0/4303.469
=0.00

Randgold Resources's Goodwill to Asset Ratio for the quarter that ended in Sep. 2018 is calculated as

Goodwill to Asset (Q: Sep. 2018 )=Goodwill/Total Assets
=0/0
=

* 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.


Randgold Resources  (OTCPK:RGORF) 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.


Randgold Resources Goodwill-to-Asset Related Terms

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Randgold Resources (Randgold Resources) Business Description

Traded in Other Exchanges
N/A
Address
Randgold Resources is an Africa-based gold mining and exploration company with mines at Mali and the Democratic Republic of Congo in Africa. The mines include Morila, Loulo, Gounkoto, Tongon and Kibali. The company also operates a project at Massawa in Senegal and a portfolio of exploration projects in the gold belts of West and Central Africa, including Mali, Senegal, Cote d'Ivoire and the Democratic Republic of Congo. Randgold Resources operates both open pit and underground mines and the majority of group revenue is generated from gold sales in Mali.