Continental Coal (ASX:CCC) Goodwill-to-Asset: 0.00 (As of Jun. 2014)

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What is Continental Coal Goodwill-to-Asset?

Continental Coal ASX:CCC Goodwill-to-Asset is 0.00 as of Jun. 2014. The stock has 4 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. Continental Coal's Goodwill for the quarter that ended in Jun. 2014 was A$0.00 Mil. Continental Coal's Total Assets for the quarter that ended in Jun. 2014 was A$149.90 Mil. Therefore, Continental Coal's Goodwill to Asset Ratio for the quarter that ended in Jun. 2014 was 0.00.

Continental Coal  (ASX:CCC) 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.

Continental Coal Goodwill-to-Asset Related Terms

Continental Coal Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Goodwill-to-Asset Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Goodwill-to-Asset
0.00 0.00 0.00 0.00

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Goodwill-to-Asset Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Continental Coal Goodwill-to-Asset Competitor Comparison

For the Coking Coal subindustry, Continental Coal'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.

Continental Coal Goodwill-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Continental Coal's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Continental Coal's Goodwill-to-Asset falls into.


Continental Coal 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.

Continental Coal'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
=0/149.899
=0.00

Continental Coal's Goodwill to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Goodwill to Asset (Q: Jun. 2014 )=Goodwill/Total Assets
=0/149.899
=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?
Continental Coal (ASX:CCC) has a Goodwill-to-Asset of 0.00 as of Jun. 2014. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Continental Coal and its competitors.
Is Continental Coal's Goodwill-to-Asset too high?
Continental Coal's current Goodwill-to-Asset is 0.00.
How does Continental Coal's Goodwill-to-Asset compare to competitors?
Continental Coal's Goodwill-to-Asset of 0.00 can be compared against companies in the Steel 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 Steel company?
A good Goodwill-to-Asset depends on the Steel 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 Continental Coal and its competitors. Continental Coal'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 Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) 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 Continental Coal (ASX:CCC), the current Goodwill-to-Asset is 0.00 as of Jun. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.