AAXT (Aamaxan Transport Group) Goodwill-to-Asset: 0.00 (As of Jun. 2008)

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What is Aamaxan Transport Group Goodwill-to-Asset?

Aamaxan Transport Group AAXT Goodwill-to-Asset is 0.00 as of Jun. 2008.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Aamaxan Transport Group's Goodwill for the quarter that ended in Jun. 2008 was $0.04 Mil. Aamaxan Transport Group's Total Assets for the quarter that ended in Jun. 2008 was $33.83 Mil. Therefore, Aamaxan Transport Group's Goodwill to Asset Ratio for the quarter that ended in Jun. 2008 was 0.00.


Aamaxan Transport Group  (OTCPK:AAXT) Goodwill-to-Asset Explanation

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.


Aamaxan Transport Group Goodwill-to-Asset Related Terms


Aamaxan Transport Group Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Aamaxan Transport Group's Goodwill-to-Asset 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.

Aamaxan Transport Group Goodwill-to-Asset Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Goodwill-to-Asset
0.00 0.00

Aamaxan Transport Group Quarterly Data
Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

AAXT vs SDON, ASKH, GPLB: Goodwill-to-Asset Comparison

For the Shell Companies subindustry, Aamaxan Transport Group's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Aamaxan Transport Group Goodwill-to-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Aamaxan Transport Group's Goodwill-to-Asset falls into.



Aamaxan Transport Group Goodwill-to-Asset Calculation

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.

Aamaxan Transport Group's Goodwill to Asset Ratio for the fiscal year that ended in Jan. 2007 is calculated as

Goodwill to Asset (A: Jan. 2007 )=Goodwill/Total Assets
=0/0
=

Aamaxan Transport Group's Goodwill to Asset Ratio for the quarter that ended in Jun. 2008 is calculated as

Goodwill to Asset (Q: Jun. 2008 )=Goodwill/Total Assets
=0.043/33.828
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Aamaxan Transport Group (AAXT) has a Goodwill-to-Asset of 0.00 as of Jun. 2008. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Aamaxan Transport Group and its competitors.
Is Aamaxan Transport Group's Goodwill-to-Asset too high?
Aamaxan Transport Group's current Goodwill-to-Asset is 0.00.
How does Aamaxan Transport Group's Goodwill-to-Asset compare to SDON and ASKH?
Aamaxan Transport Group's Goodwill-to-Asset of 0.00 can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Diversified Financial Services company?
A good Goodwill-to-Asset depends on the Diversified Financial Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Aamaxan Transport Group and its competitors. Aamaxan Transport Group's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aamaxan Transport Group stock overvalued right now?
Aamaxan Transport Group (AAXT) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Aamaxan Transport Group (AAXT), the current Goodwill-to-Asset is 0.00 as of Jun. 2008. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Aamaxan Transport Group Business Description

Address 31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.