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Symbion Health (ASX:SY1) Goodwill-to-Asset : 0.34 (As of Jun. 2007)


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What is Symbion Health Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Symbion Health's Goodwill for the quarter that ended in Jun. 2007 was A$744.62 Mil. Symbion Health's Total Assets for the quarter that ended in Jun. 2007 was A$2,225.91 Mil. Therefore, Symbion Health's Goodwill to Asset Ratio for the quarter that ended in Jun. 2007 was 0.34.


Symbion Health Goodwill-to-Asset Historical Data

The historical data trend for Symbion Health'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.

Symbion Health Goodwill-to-Asset Chart

Symbion Health Annual Data
Trend Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.39 0.39 0.33 0.34

Symbion Health Semi-Annual Data
Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.30 0.39 0.39 0.33 0.34

Competitive Comparison of Symbion Health's Goodwill-to-Asset

For the Healthcare Plans subindustry, Symbion Health'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.


Symbion Health's Goodwill-to-Asset Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Symbion Health's Goodwill-to-Asset distribution charts can be found below:

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



Symbion Health 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.

Symbion Health's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2007 is calculated as

Goodwill to Asset (A: Jun. 2007 )=Goodwill/Total Assets
=744.62/2225.908
=0.33

Symbion Health's Goodwill to Asset Ratio for the quarter that ended in Jun. 2007 is calculated as

Goodwill to Asset (Q: Jun. 2007 )=Goodwill/Total Assets
=744.62/2225.908
=0.33

* 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.


Symbion Health  (ASX:SY1) 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.


Symbion Health Goodwill-to-Asset Related Terms

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Symbion Health (ASX:SY1) Business Description

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Symbion Group Limited (SYB, formerly Mayne Group Limited) is a healthcare-focused company comprised of 5 divisions: Pathology; Medical Centres; Imaging; Pharmacy Services; and Symbion Consumer.

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