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Shanda Games (Shanda Games) Goodwill-to-Asset : 0.08 (As of Dec. 2014)


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What is Shanda Games Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Shanda Games's Goodwill for the quarter that ended in Dec. 2014 was $48.1 Mil. Shanda Games's Total Assets for the quarter that ended in Dec. 2014 was $589.4 Mil. Therefore, Shanda Games's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 was 0.08.


Shanda Games Goodwill-to-Asset Historical Data

The historical data trend for Shanda Games'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.

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Shanda Games Goodwill-to-Asset Chart

Shanda Games Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
Get a 7-Day Free Trial 0.07 0.06 0.04 0.06 0.08

Shanda Games Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset Get a 7-Day Free Trial 0.07 0.06 0.04 0.06 0.08

Competitive Comparison of Shanda Games's Goodwill-to-Asset

For the Electronic Gaming & Multimedia subindustry, Shanda Games'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.


Shanda Games's Goodwill-to-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Shanda Games's Goodwill-to-Asset distribution charts can be found below:

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



Shanda Games 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.

Shanda Games'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
=48.109/589.384
=0.08

Shanda Games's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=48.109/589.384
=0.08

* 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.


Shanda Games  (NAS:GAME) 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.


Shanda Games Goodwill-to-Asset Related Terms

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Shanda Games (Shanda Games) Business Description

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Shanda Games Ltd was incorporated in the Cayman Islands on June 12, 2008. The Company is an online game company in China in terms of the size, diversity of its game portfolio, game revenues and game player base. It completed its initial public offering on September 30, 2009. It develop and source a broad array of game content through multiple channels, including in-house development, licensing, investment, acquisition, joint development and joint operation. As of March 31, 2015, it operated 35 MMO games and 29 mobile games in China and certain overseas markets. The games operated by the Company are: Mir II, BNB, Woool, Legend of Immortals, Age of Wushu, among others. It competes with other online game developers and operators in China, including Tencent Holdings Limited, NetEase, Inc., Changyou.com Limited, Perfect World Co., Ltd., Giant Interactive, Kingsoft, KongZhong Corporation, NetDragon Websoft, Inc. and The9 Limited.