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Wowjoint Holdings (Wowjoint Holdings) Goodwill : $0.00 Mil (As of Dec. 2013)


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What is Wowjoint Holdings 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. Wowjoint Holdings's goodwill for the quarter that ended in Dec. 2013 was $0.00 Mil.


Wowjoint Holdings Goodwill Historical Data

The historical data trend for Wowjoint Holdings'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.

* Premium members only.

Wowjoint Holdings Goodwill Chart

Wowjoint Holdings Annual Data
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Goodwill
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Wowjoint Holdings Quarterly Data
May08 Dec08 Jun09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Dec12 Jun13 Dec13
Goodwill 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 - - - - -

Wowjoint Holdings 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.


Wowjoint Holdings  (OTCPK:BWOWF) 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.

Wowjoint Holdings's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Goodwill-to-Asset (A: Dec. 2013 )=Goodwill/Total Assets
=0/48.837
=0.00

Wowjoint Holdings's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Goodwill-to-Asset (Q: Dec. 2013 )=Goodwill/Total Assets
=0/48.837
=

* 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.


Wowjoint Holdings Goodwill Related Terms

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Wowjoint Holdings (Wowjoint Holdings) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xinfeng Road, Deshemengwai Street, 1108 A Block Tiancheng Mansion, Xicheng District, Beijing, CHN, 100088
Wowjoint Holdings Ltd provides infrastructure solutions for customized heavy duty lifting and carrying machinery used in large-scale projects. The company operates under the manufacture and marketing of non-standard heavy lifting and carrying equipment in China. The equipment and machinery are used in various engineering fields, such as bridge, road and railway construction, as well as in areas of heavy capacity lifting and transporting of concrete beams, boats, and shipping containers. Geographically all the operations are functioned through the region of China.

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