Continental Coal (ASX:CCC) Goodwill: A$0.00 Mil (As of Jun. 2014)


What is Continental Coal Goodwill?

Continental Coal ASX:CCC Goodwill is A$0.00 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

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. Continental Coal's goodwill for the quarter that ended in Jun. 2014 was A$0.00 Mil.


Continental Coal  (ASX:CCC) 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.

Continental Coal's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Goodwill-to-Asset (A: Jun. 2014 )=Goodwill/Total Assets
=0/149.899
=0.00

Continental Coal's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Goodwill-to-Asset (Q: Jun. 2014 )=Goodwill/Total Assets
=0/149.899
=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.

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.


Continental Coal Goodwill Related Terms


Continental Coal Goodwill Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Goodwill Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Goodwill
0.00 0.00 0.00 0.00

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Goodwill Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Continental Coal 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.

Frequently Asked Questions Learn more about Goodwill →
What does a Goodwill of A$0.00 Mil mean?
Continental Coal (ASX:CCC) has a Goodwill of A$0.00 Mil as of Jun. 2014. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Continental Coal and its competitors.
Is Continental Coal's Goodwill too high?
Continental Coal's current Goodwill is A$0.00 Mil.
How does Continental Coal's Goodwill compare to competitors?
Continental Coal's Goodwill of A$0.00 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill for a Steel company?
A good Goodwill depends on the Steel industry context. However, Goodwill should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill mean?
A high Goodwill can signal that a stock is expensive relative to its fundamentals. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Continental Coal and its competitors. Continental Coal's current Goodwill is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Goodwill of A$0.00 Mil. The current Goodwill is A$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill calculated?
Goodwill is calculated from a company's financial statements. For Continental Coal (ASX:CCC), the current Goodwill is A$0.00 Mil as of Jun. 2014. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.