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Solar Energy Initiatives (Solar Energy Initiatives) Goodwill : $0.00 Mil (As of Apr. 2013)


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What is Solar Energy Initiatives 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. Solar Energy Initiatives's goodwill for the quarter that ended in Apr. 2013 was $0.00 Mil.


Solar Energy Initiatives Goodwill Historical Data

The historical data trend for Solar Energy Initiatives'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.

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Solar Energy Initiatives Goodwill Chart

Solar Energy Initiatives Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Jul11 Jul12
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Solar Energy Initiatives Quarterly Data
Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13
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Solar Energy Initiatives 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.


Solar Energy Initiatives  (OTCPK:SNRY) 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.

Solar Energy Initiatives's Goodwill-to-Asset Ratio for the fiscal year that ended in Jul. 2012 is calculated as

Goodwill-to-Asset (A: Jul. 2012 )=Goodwill/Total Assets
=0/0.003
=

Solar Energy Initiatives's Goodwill-to-Asset Ratio for the quarter that ended in Apr. 2013 is calculated as

Goodwill-to-Asset (Q: Apr. 2013 )=Goodwill/Total Assets
=0/0.018
=

* 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.


Solar Energy Initiatives Goodwill Related Terms

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Solar Energy Initiatives (Solar Energy Initiatives) Business Description

Traded in Other Exchanges
N/A
Address
2245 Texas Drive, Suite 300, Sugar Land, TX, USA, 77479
Solar Energy Initiatives Inc offers cybersecurity simulation and educational content - the tools to mitigate vulnerabilities and bolster cyber defense.

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