APHD (Apogee 21 Holdings) Goodwill-to-Asset: 0.69 (As of Mar. 2016)

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What is Apogee 21 Holdings Goodwill-to-Asset?

Apogee 21 Holdings APHD Goodwill-to-Asset is 0.69 as of Mar. 2016.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Apogee 21 Holdings's Goodwill for the quarter that ended in Mar. 2016 was $0.80 Mil. Apogee 21 Holdings's Total Assets for the quarter that ended in Mar. 2016 was $1.16 Mil. Therefore, Apogee 21 Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2016 was 0.69.


Apogee 21 Holdings  (OTCPK:APHD) 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.


Apogee 21 Holdings Goodwill-to-Asset Related Terms


Apogee 21 Holdings Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Apogee 21 Holdings'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.

Apogee 21 Holdings Goodwill-to-Asset Chart

Apogee 21 Holdings Annual Data
Trend Apr05 Dec06 Dec07 Dec08 Dec09 Jun11 Jun12 Jun13 Jun14 Jun15
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 0.53 0.71 0.58 0.55

Apogee 21 Holdings Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
Goodwill-to-Asset 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 0.81 0.55 0.72 0.70 0.69

APHD vs RLTR, FPTA, CXKJ: Goodwill-to-Asset Comparison

For the Beverages - Wineries & Distilleries subindustry, Apogee 21 Holdings'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.


Apogee 21 Holdings Goodwill-to-Asset vs Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Apogee 21 Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Apogee 21 Holdings's Goodwill-to-Asset falls into.



Apogee 21 Holdings 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.

Apogee 21 Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Goodwill to Asset (A: Jun. 2015 )=Goodwill/Total Assets
=0.799/1.461
=0.55

Apogee 21 Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2016 is calculated as

Goodwill to Asset (Q: Mar. 2016 )=Goodwill/Total Assets
=0.799/1.155
=0.69

* 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 0.69 mean?
Apogee 21 Holdings (APHD) has a Goodwill-to-Asset of 0.69 as of Mar. 2016. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Apogee 21 Holdings and its competitors.
Is Apogee 21 Holdings' Goodwill-to-Asset too high?
Apogee 21 Holdings' current Goodwill-to-Asset is 0.69.
How does Apogee 21 Holdings' Goodwill-to-Asset compare to RLTR and FPTA?
Apogee 21 Holdings' Goodwill-to-Asset of 0.69 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Goodwill-to-Asset depends on the Beverages - Alcoholic 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 Apogee 21 Holdings and its competitors. Apogee 21 Holdings's current Goodwill-to-Asset is 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee 21 Holdings stock overvalued right now?
Apogee 21 Holdings (APHD) has a current Goodwill-to-Asset of 0.69. The current Goodwill-to-Asset is 0.69. 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 Apogee 21 Holdings (APHD), the current Goodwill-to-Asset is 0.69 as of Mar. 2016. 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.

Apogee 21 Holdings Business Description

Address 4578 Carriage Lane, Las Vegas, NV, USA, 89119
Apogee 21 Holdings Inc is doing business as A21 Wine & Spirits, is a producer and marketer of craft spirits and wine. The company owns Monkey in Paradise Vodka, Andale Tequila, and Blue Nectar Tequila brands. It also has the sales agency for Zunte Mezcal and Finca Ferrer Wines from Argentina.