GURUFOCUS.COM » STOCK LIST » Technology » Software » Tangoe Inc (OTCPK:TNGO) » Definitions » Goodwill-to-Asset

Tangoe (Tangoe) Goodwill-to-Asset : 0.33 (As of Sep. 2015)


View and export this data going back to 2011. Start your Free Trial

What is Tangoe Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tangoe's Goodwill for the quarter that ended in Sep. 2015 was $75.77 Mil. Tangoe's Total Assets for the quarter that ended in Sep. 2015 was $227.67 Mil. Therefore, Tangoe's Goodwill to Asset Ratio for the quarter that ended in Sep. 2015 was 0.33.


Tangoe Goodwill-to-Asset Historical Data

The historical data trend for Tangoe'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.

Tangoe Goodwill-to-Asset Chart

Tangoe Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
Get a 7-Day Free Trial 0.30 0.26 0.32 0.33 0.30

Tangoe Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Mar17
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 0.30 0.29 0.34 0.33 0.43

Competitive Comparison of Tangoe's Goodwill-to-Asset

For the Software - Infrastructure subindustry, Tangoe'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.


Tangoe's Goodwill-to-Asset Distribution in the Software Industry

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

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



Tangoe 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.

Tangoe's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill to Asset (A: Dec. 2014 )=Goodwill/Total Assets
=65.35/215.012
=0.30

Tangoe's Goodwill to Asset Ratio for the quarter that ended in Sep. 2015 is calculated as

Goodwill to Asset (Q: Sep. 2015 )=Goodwill/Total Assets
=75.77/227.672
=0.33

* 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.


Tangoe  (OTCPK:TNGO) 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.


Tangoe Goodwill-to-Asset Related Terms

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


Tangoe (Tangoe) Business Description

Traded in Other Exchanges
N/A
Address
Tangoe Inc was incorporated in Delaware under the name TelecomRFQ, Inc. in February 2000 and changed its name to Tangoe, Inc. in December 2001. The Company provides connection lifecycle management, or CLM, software and services to a wide range of enterprises and service providers. CLM covers the entire spectrum of an enterprise's connection-based assets and services such as voice and data services, mobile devices and usage, machine-to-machine connections, cloud software and services, enterprise social and information technology connections, and encompasses the entire lifecycle of these assets and services including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, or MDM, real-time telecommunications expense management, or rTEM, invoice processing, expense allocation and accounting, and asset decommissioning and disposal. Its solution can provide a significant return on investment by enabling an enterprise to identify and resolve billing errors, to optimize service plans for its usage patterns and needs, to manage used and unused connection assets and services, to proactively monitor usage and to prevent bill overages. As of December 31, 2013, more than 1,000 recurring revenue customers were using its software or services. It competes with technology providers and outsourced service providers selling a range of TEM, MDM, EMM and MMS solutions.
Executives
Jackie R Kimzey director C/O SEVIN ROSEN FUNDS, 13455 NOEL RD #1670, DALLAS TX 75240
Gary Patrick Golding director 8270 GREENSBORO DRIVE, SUITE 850, MCLEAN VA 22102
Clearlake Capital Partners, Llc 10 percent owner 233 WILSHIRE BLVD., SUITE 800, SANTA MONICA CA 90401
Ccg Operations, Llc 10 percent owner 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Behdad Eghbali 10 percent owner 233 WILSHIRE BLVD., SUITE 850, SANTA MONICA CA 90401
Jose Enrique Feliciano 10 percent owner C/O CLEARLAKE CAPITAL GROUP, LLC, 650 MADISON AVE., 23RD FLOOR, NEW YORK NY 10022
Jay Zager officer: Chief Financial Officer C/O AXCELIS TECHNOLOGIES, INC., 108 CHERRY HILL DRIVE, BEVERLY MA 01915
Vector Capital, L.l.c. 10 percent owner C/O VECTOR CAPITAL MANAGEMENT, L.P.,, ONE MARKET STREET, STEUART TOWER, 23RD F, SAN FRANCISCO CA 94105
Vector Capital Partners Iii, L.p. 10 percent owner C/O VECTOR CAPITAL MANAGEMENT, L.P.,, ONE MARKET STREET, STEUART TOWER, 23RD F, SAN FRANCISCO CA 94105
Vector Capital Partners Iv, L.p. 10 percent owner C/O VECTOR CAPITAL MANAGEMENT, L.P.,, ONE MARKET STREET, STEUART TOWER, 23RD F, SAN FRANCISCO CA 94105
Vector Capital Iv, L.p. 10 percent owner C/O VECTOR CAPITAL CORPORATION, ONE MARKET ST., STEUART TOWER, 23RD FL, SAN FRANCISCO CA 94105
Vector Entrepreneur Fund Iii L P 10 percent owner 456 MONTGOMERY ST 19TH FL, SAN FRANCISCO CA 94104
Alexander R Slusky 10 percent owner 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
Edison Partners Iv Lp 10 percent owner 1009 LENOX DRIVE, #4, LAWRENCEVILLE NJ 08648
Edison Venture Fund Iv Lp 10 percent owner 1009 LENOX DRIVE #4, LAWRENCEVILLE NJ 08648

Tangoe (Tangoe) Headlines

No Headlines