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Vision Industries (Vision Industries) Goodwill : $0.00 Mil (As of Jun. 2014)


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What is Vision Industries 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. Vision Industries's goodwill for the quarter that ended in Jun. 2014 was $0.00 Mil.


Vision Industries Goodwill Historical Data

The historical data trend for Vision Industries'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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Vision Industries Goodwill Chart

Vision Industries Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Goodwill
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Vision Industries Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Vision Industries 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.


Vision Industries  (GREY:VIICQ) 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.

Vision Industries'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
=0/1.171
=

Vision Industries's Goodwill-to-Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Goodwill-to-Asset (Q: Jun. 2014 )=Goodwill/Total Assets
=0/1.347
=

* 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.


Vision Industries Goodwill Related Terms

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Vision Industries (Vision Industries) Business Description

Traded in Other Exchanges
N/A
Address
2230 East Artesia Boulevard, Long Beach, CA, USA, 90805
Vision Industries Corp develops fuel cell vehicle technology and hydrogen fueling. The company manufactures hydrogen fuel cell electric hybrid-powered class trucks and terminal tractors. Its products include Tyrano and Zero-TT terminal tractors. The firm markets its products to drayage operators at ports of Los Angeles and Long Beach. Its objective is to develop zero-emission transportation technology solutions.

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