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WSB Financial (WSB Financial) Goodwill : $0.00 Mil (As of Dec. 2008)


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What is WSB Financial 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. WSB Financial's goodwill for the quarter that ended in Dec. 2008 was $0.00 Mil.


WSB Financial Goodwill Historical Data

The historical data trend for WSB Financial'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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WSB Financial Goodwill Chart

WSB Financial Annual Data
Trend Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Goodwill
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WSB Financial Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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WSB Financial 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.


WSB Financial  (OTCPK:WSFGQ) 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.

WSB Financial's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Goodwill-to-Asset (A: Dec. 2008 )=Goodwill/Total Assets
=0/365.21
=0.00

WSB Financial's Goodwill-to-Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

Goodwill-to-Asset (Q: Dec. 2008 )=Goodwill/Total Assets
=0/365.21
=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.


WSB Financial Goodwill Related Terms

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WSB Financial (WSB Financial) Business Description

Traded in Other Exchanges
N/A
Address
607 Pacific Avenue, Bremerton, WA, USA, 98337
WSB Financial Inc is a bank holding company. The company provides real estate lending products and supplemented by commercial banking products and services. It also provides short-term to long-term commercial and consumer lending products and services.
Executives
Charles L Turner officer: Sr. VP, Chief Lending Officer C/O SOUND FINANCIAL BANCORP, INC., 2400 3RD AVENUE, SUITE 150, SEATTLE WA 98121

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