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MoneySwap (LSE:SWAP) Goodwill : £0.00 Mil (As of Sep. 2016)


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What is MoneySwap 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. MoneySwap's goodwill for the quarter that ended in Sep. 2016 was £0.00 Mil.


MoneySwap Goodwill Historical Data

The historical data trend for MoneySwap'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.

MoneySwap Goodwill Chart

MoneySwap Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Goodwill
Get a 7-Day Free Trial Premium Member Only 0.36 0.36 0.36 0.36 0.36

MoneySwap Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16
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 0.36 0.36 - 0.36 -

MoneySwap 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.


MoneySwap  (LSE:SWAP) 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.

MoneySwap's Goodwill-to-Asset Ratio for the fiscal year that ended in Mar. 2016 is calculated as

Goodwill-to-Asset (A: Mar. 2016 )=Goodwill/Total Assets
=0.358/0.687
=0.52

MoneySwap's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

Goodwill-to-Asset (Q: Sep. 2016 )=Goodwill/Total Assets
=0/0.686
=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.


MoneySwap Goodwill Related Terms

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MoneySwap (LSE:SWAP) Business Description

Traded in Other Exchanges
N/A
Address
MoneySwap PLC was incorporated on April 12, 2006. The Company and its subsidiaries are engaged in providing prepaid card services and merchant acquisition services to China UnionPay, and operating an online peer to peer foreign exchange and payment platform. Its business lines include Prepaid cards, Merchant acquisition for CUP, and Small and medium-sized entities and International remittance. Its geographical segments include Europe and Asia-Pacific.

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