PAEGF (Peace Arch Entertainment Group) Goodwill: $16.92 Mil (As of May. 2008)


What is Peace Arch Entertainment Group Goodwill?

Peace Arch Entertainment Group PAEGF -99.90% Goodwill is $16.92 Mil as of May. 2008.

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. Peace Arch Entertainment Group's goodwill for the quarter that ended in May. 2008 was $16.92 Mil.

Peace Arch Entertainment Group  (OTCPK:PAEGF) 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.

Peace Arch Entertainment Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Aug. 2007 is calculated as

Goodwill-to-Asset (A: Aug. 2007 )=Goodwill/Total Assets
=16.601/141.986
=0.12

Peace Arch Entertainment Group's Goodwill-to-Asset Ratio for the quarter that ended in May. 2008 is calculated as

Goodwill-to-Asset (Q: May. 2008 )=Goodwill/Total Assets
=16.921/166.54
=0.10

* 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.

Peace Arch Entertainment Group Goodwill Related Terms

Peace Arch Entertainment Group Goodwill Historical Data

* Premium members only.

The historical data trend for Peace Arch Entertainment Group'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.

Peace Arch Entertainment Group Goodwill Chart

Peace Arch Entertainment Group Annual Data
Trend Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 4.70 16.60

Peace Arch Entertainment Group Quarterly Data
Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.99 16.60 17.54 16.84 16.92

Peace Arch Entertainment Group 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 $16.92 Mil mean?
Peace Arch Entertainment Group (PAEGF) has a Goodwill of $16.92 Mil as of May. 2008. Goodwill is the intangible assets representing the value in excess of the acquired company's value. View historical data on Peace Arch Entertainment Group and its competitors.
Is Peace Arch Entertainment Group's Goodwill too high?
Peace Arch Entertainment Group's current Goodwill is $16.92 Mil.
How does Peace Arch Entertainment Group's Goodwill compare to PTSX and ASKH?
Peace Arch Entertainment Group's Goodwill of $16.92 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Goodwill depends on the Media - Diversified 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 Peace Arch Entertainment Group and its competitors. Peace Arch Entertainment Group's current Goodwill is $16.92 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Peace Arch Entertainment Group stock overvalued right now?
Peace Arch Entertainment Group (PAEGF) has a current Goodwill of $16.92 Mil. The current Goodwill is $16.92 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 Peace Arch Entertainment Group (PAEGF), the current Goodwill is $16.92 Mil as of May. 2008. 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.

Peace Arch Entertainment Group Business Description

Address 1867 Yonge Street, Suite 650, Toronto, ON, CAN, M4S 1Y5
Peace Arch Entertainment Group Inc is an integrated media company, which produces and acquires feature films, television and home entertainment content for distribution to worldwide markets.