Kian Ann Engineering Limited (SGX:K04) Goodwill : S$0.0 Mil (As of Sep. 2012)

Kian Ann Engineering Limited Goodwill Chart

Kian Ann Engineering Limited Annual Data
	Trend	Jun03	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12
Goodwill		Get a 7-Day Free Trial					-	-	-	-	-

Kian Ann Engineering Limited Quarterly Data
	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12
Goodwill	Get a 7-Day Free Trial					-	-	-	-	-

Kian Ann Engineering Limited 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.

Kian Ann Engineering Limited  (SGX:K04) 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.

Kian Ann Engineering Limited's Goodwill-to-Asset Ratio for the fiscal year that ended in Jun. 2012 is calculated as

Kian Ann Engineering Limited's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

* 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.

Kian Ann Engineering Limited Goodwill Related Terms

Thank you for viewing the detailed overview of Kian Ann Engineering Limited's Goodwill provided by GuruFocus.com. Please click on the following links to see related term pages.

Kian Ann Engineering Limited (SGX:K04) Business Description