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Superior Copper (Superior Copper) Goodwill : $0.00 Mil (As of Feb. 2016)


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What is Superior Copper Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Superior Copper's goodwill for the quarter that ended in Feb. 2016 was $0.00 Mil.


Superior Copper Goodwill Historical Data

The historical data trend for Superior Copper's Goodwill 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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Superior Copper Goodwill Chart

Superior Copper Annual Data
Trend May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Goodwill
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Superior Copper Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
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Superior Copper Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Superior Copper  (OTCPK:CNTGF) Goodwill Explanation

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.

Superior Copper's Goodwill-to-Asset Ratio for the fiscal year that ended in May. 2015 is calculated as

Goodwill-to-Asset (A: May. 2015 )=Goodwill/Total Assets
=0/8.845
=

Superior Copper's Goodwill-to-Asset Ratio for the quarter that ended in Feb. 2016 is calculated as

Goodwill-to-Asset (Q: Feb. 2016 )=Goodwill/Total Assets
=0/3.066
=

* 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.

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.


Superior Copper Goodwill Related Terms

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Superior Copper (Superior Copper) Business Description

Traded in Other Exchanges
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Address
Superior Copper Corp was incorporated on January 14, 1993. It is a mineral exploration company focused on emerging and transitional environments and is exploring base metal assets located in Ontario and Quebec. The Company has two focal exploration projects, the Batchawana Copper Property in Ontario and the Rivière Doré Project in Québec.

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