Black Range Minerals (ASX:BLR) Goodwill-to-Asset: 0.00 (As of Dec. 2014)

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What is Black Range Minerals Goodwill-to-Asset?

Black Range Minerals ASX:BLR Goodwill-to-Asset is 0.00 as of Dec. 2014. The stock has 3 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Black Range Minerals's Goodwill for the quarter that ended in Dec. 2014 was A$0.00 Mil. Black Range Minerals's Total Assets for the quarter that ended in Dec. 2014 was A$20.53 Mil.


Black Range Minerals  (ASX:BLR) 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.


Black Range Minerals Goodwill-to-Asset Related Terms


Black Range Minerals Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Black Range Minerals'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.

Black Range Minerals Goodwill-to-Asset Chart

Black Range Minerals Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
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

Black Range Minerals Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 0.00 0.00 0.00 0.00 0.00

Black Range Minerals Goodwill-to-Asset Competitor Comparison

For the Copper subindustry, Black Range Minerals'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.


Black Range Minerals Goodwill-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Black Range Minerals's Goodwill-to-Asset falls into.



Black Range Minerals 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.

Black Range Minerals's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Goodwill to Asset (A: Jun. 2014 )=Goodwill/Total Assets
=0/26.168
=

Black Range Minerals's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=0/20.525
=

* 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?
Black Range Minerals (ASX:BLR) has a Goodwill-to-Asset of 0.00 as of Dec. 2014. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Black Range Minerals and its competitors.
Is Black Range Minerals' Goodwill-to-Asset too high?
Black Range Minerals' current Goodwill-to-Asset is 0.00.
How does Black Range Minerals' Goodwill-to-Asset compare to competitors?
Black Range Minerals' Goodwill-to-Asset of 0.00 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Goodwill-to-Asset depends on the Metals & Mining 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 Black Range Minerals and its competitors. Black Range Minerals'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 Black Range Minerals stock overvalued right now?
Black Range Minerals (ASX:BLR) 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 Black Range Minerals (ASX:BLR), the current Goodwill-to-Asset is 0.00 as of Dec. 2014. 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.

Black Range Minerals Business Description

Black Range Minerals Limited is a minerals exploration company, focused on growth through acquisition, exploration and development. The Company is focused on advancing the Taylor Ranch/Hansen uranium project in Colorado towards production.