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Znergy (Znergy) Goodwill : $0.00 Mil (As of Sep. 2019)


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What is Znergy 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. Znergy's goodwill for the quarter that ended in Sep. 2019 was $0.00 Mil.


Znergy Goodwill Historical Data

The historical data trend for Znergy'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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Znergy Goodwill Chart

Znergy Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Goodwill
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Znergy Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Znergy 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.


Znergy  (OTCPK:ZNRG) 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.

Znergy's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

Goodwill-to-Asset (A: Dec. 2018 )=Goodwill/Total Assets
=0/0.39
=0.00

Znergy's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2019 is calculated as

Goodwill-to-Asset (Q: Sep. 2019 )=Goodwill/Total Assets
=0/0.803
=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.


Znergy Goodwill Related Terms

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Znergy (Znergy) Business Description

Traded in Other Exchanges
N/A
Address
808 A South Huntington Street, Suite G, Syracuse, IN, USA, 46567
Znergy Inc is a provider of energy-efficient lighting products, lighting controls and energy management solutions. The company offers a full turn-key lighting solution which includes economic assessments, and energy efficient analysis.
Executives
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760

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