GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Viewtran Group Inc (OTCPK:VIEWF) » Definitions » Goodwill

Viewtran Group (Viewtran Group) Goodwill : $0.0 Mil (As of Dec. 2013)


View and export this data going back to 1994. Start your Free Trial

What is Viewtran Group 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. Viewtran Group's goodwill for the quarter that ended in Dec. 2013 was $0.0 Mil.


Viewtran Group Goodwill Historical Data

The historical data trend for Viewtran 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.

* Premium members only.

Viewtran Group Goodwill Chart

Viewtran Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Goodwill
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.83 26.38 - - -

Viewtran Group Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 - - - - -

Viewtran 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.


Viewtran Group  (OTCPK:VIEWF) 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.

Viewtran Group's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Goodwill-to-Asset (A: Dec. 2013 )=Goodwill/Total Assets
=0/250.607
=0.00

Viewtran Group's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2013 is calculated as

Goodwill-to-Asset (Q: Dec. 2013 )=Goodwill/Total Assets
=0/250.607
=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.


Viewtran Group Goodwill Related Terms

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


Viewtran Group (Viewtran Group) Business Description

Traded in Other Exchanges
N/A
Address
Room 1501, Tower C, Skyworth Building, High-Tech Industrial Park, Nanshan, Shenzhen, CHN, 518057
Viewtran Group Inc provides supply chain financial services and enterprise solutions for the technology industry in China. It has Product Sales and Service Revenue segments. Products sales segment comprises sale of components for digital media, telecommunication system and equipment and industrial applications end-markets. Service revenue segment encompasses provision of technology and engineering services, business process outsourcing, network, system integration and related training and maintenance services. The company mainly operates in China.

Viewtran Group (Viewtran Group) Headlines

From GuruFocus

Comtech Group Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 08-06-2010

Comtech Group Inc. Reports Operating Results (10-K)

By gurufocus 10qk 03-16-2011

Comtech Group Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2010

Comtech Group Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 05-07-2010

Comtech Group Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 11-09-2009