GURUFOCUS.COM » STOCK LIST » Technology » Software » Averox Inc (OTCPK:AVRI) » Definitions » Goodwill-to-Asset

Averox (Averox) Goodwill-to-Asset : 0.00 (As of Jun. 2009)


View and export this data going back to . Start your Free Trial

What is Averox Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Averox's Goodwill for the quarter that ended in Jun. 2009 was $0.00 Mil. Averox's Total Assets for the quarter that ended in Jun. 2009 was $1.78 Mil. Therefore, Averox's Goodwill to Asset Ratio for the quarter that ended in Jun. 2009 was 0.00.


Averox Goodwill-to-Asset Historical Data

The historical data trend for Averox'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.

Averox Goodwill-to-Asset Chart

Averox Annual Data
Trend Dec03 Dec04 Dec05 Jun07 Jun08
Goodwill-to-Asset
- - - - -

Averox Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 - - - - -

Competitive Comparison of Averox's Goodwill-to-Asset

For the Software - Application subindustry, Averox'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.


Averox's Goodwill-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Averox's Goodwill-to-Asset distribution charts can be found below:

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



Averox 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.

Averox's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2008 is calculated as

Goodwill to Asset (A: Jun. 2008 )=Goodwill/Total Assets
=0/0.545
=0.00

Averox's Goodwill to Asset Ratio for the quarter that ended in Jun. 2009 is calculated as

Goodwill to Asset (Q: Jun. 2009 )=Goodwill/Total Assets
=0/1.777
=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.


Averox  (OTCPK:AVRI) 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.


Averox Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Averox's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Averox (Averox) Business Description

Traded in Other Exchanges
N/A
Address
13784 Graber Avenue, Sylmar, CA, USA, 91342
Averox Inc started as a software company writing programs useful to small and large businesses. The current business plan is to merge with a private company, possibly a manufacturer of surgical instruments.

Averox (Averox) Headlines

From GuruFocus

Averox Acquires a Hot Drone Company

By sperokesalga sperokesalga 03-27-2023

Averox Inc. Takes New Name and Goes on a Mission

By GuruFocusNews GuruFocusNews 01-19-2022