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Earthworks Entertainment (Earthworks Entertainment) Goodwill : $0.00 Mil (As of Jun. 2006)


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What is Earthworks Entertainment 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. Earthworks Entertainment's goodwill for the quarter that ended in Jun. 2006 was $0.00 Mil.


Earthworks Entertainment Goodwill Historical Data

The historical data trend for Earthworks Entertainment'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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Earthworks Entertainment Goodwill Chart

Earthworks Entertainment Annual Data
Trend Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05
Goodwill
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Earthworks Entertainment Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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Earthworks Entertainment 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.


Earthworks Entertainment  (OTCPK:EWKS) 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.

Earthworks Entertainment's Goodwill-to-Asset Ratio for the fiscal year that ended in Sep. 2005 is calculated as

Goodwill-to-Asset (A: Sep. 2005 )=Goodwill/Total Assets
=0/1.934
=

Earthworks Entertainment's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2006 is calculated as

Goodwill-to-Asset (Q: Jun. 2006 )=Goodwill/Total Assets
=0/1.777
=

* 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.


Earthworks Entertainment Goodwill Related Terms

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Earthworks Entertainment (Earthworks Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
14001 North Dallas Parkway, Suite 1200, Dallas, TX, USA, 75420
Website
Earthworks Entertainment Inc is engaged in investments and acquisitions in entertainment segments including, animation, direct response marketing, radio networks and mixed martial arts social networks.

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