Nighthawk Energy (LSE:HAWK) Goodwill: £0.00 Mil (As of Jun. 2017)

What is Nighthawk Energy Goodwill?

Nighthawk Energy LSE:HAWK Goodwill is £0.00 Mil as of Jun. 2017. 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. Nighthawk Energy's goodwill for the quarter that ended in Jun. 2017 was £0.00 Mil.

Nighthawk Energy (LSE:HAWK) 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.

Nighthawk Energy's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill-to-Asset (A: Dec. 2016 )	=	Goodwill	/	Total Assets
	=	0	/	32.054
	=	0.00

Nighthawk Energy's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Goodwill-to-Asset (Q: Jun. 2017 )	=	Goodwill	/	Total Assets
	=	0	/	29.721
	=	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.

Nighthawk Energy Goodwill Related Terms

Nighthawk Energy Goodwill Historical Data

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The historical data trend for Nighthawk Energy's Goodwill can be seen below:

Nighthawk Energy Goodwill Chart

Nighthawk Energy Annual Data

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Nighthawk Energy 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?

Nighthawk Energy (LSE:HAWK) has a Goodwill of £0.00 Mil as of Jun. 2017. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Nighthawk Energy and its competitors.

Is Nighthawk Energy's Goodwill too high?

Nighthawk Energy's current Goodwill is £0.00 Mil.

How does Nighthawk Energy's Goodwill compare to FPPP and UNGS?

Nighthawk Energy's Goodwill of £0.00 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 Nighthawk Energy and its competitors. Nighthawk Energy'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 Nighthawk Energy stock overvalued right now?

Nighthawk Energy (LSE:HAWK) 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 Nighthawk Energy (LSE:HAWK), the current Goodwill is £0.00 Mil as of Jun. 2017. 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.

Nighthawk Energy Business Description

Industry Energy Oil & Gas

Comparable Companies TSXV:CEN TSXV:TPC FPPP TSXV:WTR TSXV:STMP UNGS TSXV:PPE.H TSXV:CA.H TSXV:MMO.H TSXV:ROC.H TSXV:GX GBEYF TSXV:PTP.H SPOWF TSXV:CE.H TSXV:KLE.H XCNQ:EI TSXV:TZR TSXV:TIP.H TSXV:CTI.H

Address One London Wall, 6th Floor, London, GBR, EC2Y 5EB

Website http://www.nighthawkenergy.com

Nighthawk Energy PLC is an independent exploration and production company that operates in the Eastern Colorado plains. The company through its subsidiaries are focused primarily on the exploration and development of oil-producing assets located in and around Lincoln County, Colorado, United States of America. It has only one operating segment: Production of, Exploration for, and Investment in Hydrocarbons. The company holds a working interest in and is the operator of Smoky Hill and Jolly Ranch projects. Its current projects span approximately 150,000 net acres across Lincoln, Elbert, and Washington Counties, Colorado.