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Tesco (TESO) Goodwill-to-Asset : 0.00 (As of Sep. 2017)


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What is Tesco Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tesco's Goodwill for the quarter that ended in Sep. 2017 was $0.0 Mil. Tesco's Total Assets for the quarter that ended in Sep. 2017 was $312.9 Mil. Therefore, Tesco's Goodwill to Asset Ratio for the quarter that ended in Sep. 2017 was 0.00.


Tesco Goodwill-to-Asset Historical Data

The historical data trend for Tesco'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.

Tesco Goodwill-to-Asset Chart

Tesco Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.05 0.06 - -

Tesco Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - - - -

Competitive Comparison of Tesco's Goodwill-to-Asset

For the Oil & Gas Equipment & Services subindustry, Tesco'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.


Tesco's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tesco's Goodwill-to-Asset distribution charts can be found below:

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



Tesco 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.

Tesco's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill to Asset (A: Dec. 2016 )=Goodwill/Total Assets
=0/344.279
=0.00

Tesco's Goodwill to Asset Ratio for the quarter that ended in Sep. 2017 is calculated as

Goodwill to Asset (Q: Sep. 2017 )=Goodwill/Total Assets
=0/312.89
=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.


Tesco  (NAS:TESO) 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.


Tesco Goodwill-to-Asset Related Terms

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


Tesco (TESO) Business Description

Traded in Other Exchanges
N/A
Address
Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.
Executives
Roy Mcniven officer: Vice President, TCUS 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano director 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Michael W Sutherlin director 7374 SE 71ST STREET, MERCER ISLAND WA 98040
John Dielwart director 5320 LEGACY DR., PLANO TX 75024
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Sloan Thomas B Jr officer: Vice President 3993 W SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77043
Julio M Quintana director 3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
John T Reynolds director, 10 percent owner C/O C/O LIME ROCK PARTNERS, 518 RIVER SIDE AVE BLDG 11 2ND FL, WESTPORT CT 06880
Lime Rock Partners V Lp 10 percent owner C/O LIME ROCK MANAGEMENT LP, 274 RIVERSIDE AVE, 3RD FLOOR, WESTPORT CT 06880
Lrp V Luxembourg Holdings S.a R.l. 10 percent owner VERTIGO NAOS BUILDING, 6, RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Clifton Thomas Weatherford director 1001 E. HILLSDALE BOULEVARD, SUITE 800, FOSTER CITY CA 94404
Nigel M Lakey officer: Sr. VP, Marketing & Bus. Dev. 10260 WESTHEIMER RD., HOUSTON TX 77042
Anthony Tripodo officer: Exec. V. P. & CFO 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Capital Management Oss 10 percent owner 598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022

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