United States Oil and Gas (FRA:NG5B) Goodwill: €1.34 Mil (As of Sep. 2011)


What is United States Oil and Gas Goodwill?

United States Oil and Gas FRA:NG5B Goodwill is €1.34 Mil as of Sep. 2011.

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. United States Oil and Gas's goodwill for the quarter that ended in Sep. 2011 was €1.34 Mil.

United States Oil and Gas  (FRA:NG5B) 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.

United States Oil and Gas's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Goodwill-to-Asset (A: Dec. 2010 )=Goodwill/Total Assets
=2.087/5.179
=0.40

United States Oil and Gas's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2011 is calculated as

Goodwill-to-Asset (Q: Sep. 2011 )=Goodwill/Total Assets
=1.338/4.622
=0.29

* 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.

United States Oil and Gas Goodwill Related Terms

United States Oil and Gas Goodwill Historical Data

* Premium members only.

The historical data trend for United States Oil and Gas'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.

United States Oil and Gas Goodwill Chart

United States Oil and Gas Annual Data
Trend Dec09 Dec10
Goodwill
1.84 2.09

United States Oil and Gas Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.59 2.09 1.97 1.92 1.34

United States Oil and Gas 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 €1.34 Mil mean?
United States Oil and Gas (FRA:NG5B) has a Goodwill of €1.34 Mil as of Sep. 2011. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on United States Oil and Gas and its competitors.
Is United States Oil and Gas' Goodwill too high?
United States Oil and Gas' current Goodwill is €1.34 Mil.
How does United States Oil and Gas' Goodwill compare to competitors?
United States Oil and Gas' Goodwill of €1.34 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Goodwill depends on the Oil & Gas 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 United States Oil and Gas and its competitors. United States Oil and Gas's current Goodwill is €1.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Oil and Gas stock overvalued right now?
United States Oil and Gas (FRA:NG5B) has a current Goodwill of €1.34 Mil. The current Goodwill is €1.34 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 United States Oil and Gas (FRA:NG5B), the current Goodwill is €1.34 Mil as of Sep. 2011. 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.

United States Oil and Gas Business Description

Industry EnergyOil & Gas
United States Oil And Gas Corp was founded in April 2007. The Company identifies and attempts to acquire domestic oil and gas service companies that market and distribute refined fuels, distillates (which are liquid petroleum products that are burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power) and propane to retail and wholesale customers and oversee the operations of the businesses it acquires. Its acquisition targets are small to mid-sized family-run companies. Oil and gas service companies typically purchase bulk fuel and propane from regional suppliers, then store, sell, and deliver the fuel and propane to local businesses, drillers, farms, wholesalers, and individuals.