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Australian Zircon NL (ASX:AZCCA) Goodwill-to-Asset : 0.00 (As of Jun. 2015)


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What is Australian Zircon NL Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Australian Zircon NL's Goodwill for the quarter that ended in Jun. 2015 was A$0.00 Mil. Australian Zircon NL's Total Assets for the quarter that ended in Jun. 2015 was A$19.01 Mil.


Australian Zircon NL Goodwill-to-Asset Historical Data

The historical data trend for Australian Zircon NL'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.

* Premium members only.

Australian Zircon NL Goodwill-to-Asset Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Goodwill-to-Asset
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Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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Competitive Comparison of Australian Zircon NL's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Australian Zircon NL's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Australian Zircon NL's Goodwill-to-Asset falls into.



Australian Zircon NL 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.

Australian Zircon NL'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
=0/19.009
=

Australian Zircon NL's Goodwill to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Goodwill to Asset (Q: Jun. 2015 )=Goodwill/Total Assets
=0/19.009
=

* 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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Goodwill-to-Asset Related Terms

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Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

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