ESNR (Electronic Sensor Technology) Goodwill: $0.00 Mil (As of Sep. 2009)

What is Electronic Sensor Technology Goodwill?

Electronic Sensor Technology ESNR -99.00% Goodwill is $0.00 Mil as of Sep. 2009.

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. Electronic Sensor Technology's goodwill for the quarter that ended in Sep. 2009 was $0.00 Mil.

Electronic Sensor Technology (OTCPK:ESNR) 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.

Electronic Sensor Technology's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Goodwill-to-Asset (A: Dec. 2008 )	=	Goodwill	/	Total Assets
	=	0	/	1.528
	=	0.00

Electronic Sensor Technology's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2009 is calculated as

Goodwill-to-Asset (Q: Sep. 2009 )	=	Goodwill	/	Total Assets
	=	0	/	1.127
	=	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.

Electronic Sensor Technology Goodwill Related Terms

Electronic Sensor Technology Goodwill Historical Data

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The historical data trend for Electronic Sensor Technology's Goodwill can be seen below:

Electronic Sensor Technology Goodwill Chart

Electronic Sensor Technology Annual Data

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Goodwill	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Electronic Sensor Technology 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 $0.00 Mil mean?

Electronic Sensor Technology (ESNR) has a Goodwill of $0.00 Mil as of Sep. 2009. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Electronic Sensor Technology and its competitors.

Is Electronic Sensor Technology's Goodwill too high?

Electronic Sensor Technology's current Goodwill is $0.00 Mil.

How does Electronic Sensor Technology's Goodwill compare to TRWRF and UCLE?

Electronic Sensor Technology's Goodwill of $0.00 Mil can be compared against companies in the Hardware 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 Hardware company?

A good Goodwill depends on the Hardware 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 Electronic Sensor Technology and its competitors. Electronic Sensor Technology's current Goodwill is $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 Electronic Sensor Technology stock overvalued right now?

Electronic Sensor Technology (ESNR) has a current Goodwill of $0.00 Mil. The current Goodwill is $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 Electronic Sensor Technology (ESNR), the current Goodwill is $0.00 Mil as of Sep. 2009. 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.

Electronic Sensor Technology Business Description

Industry Technology Hardware

Comparable Companies TRWRF UCLE SCND VSUL SMIT FLXT GIGA MKTY KRKNF ELSE SOTK AEMD DYSL TRCK TKOI MEEC ABIL EVSNF LUNA MIND

Address 1125-B Business Center Circle, Newbury Park, CA, USA, 91320

Website http://www.estcal.com

Electronic Sensor Technology Inc has developed and patented a breakthrough chemical vapor analysis process. This process applies gas chromatography calculations and technology toward a wide variety of industries, including Homeland Security, Life Sciences, Chemical and Petrochemical, Food & Beverage and Environmental.