BSTK (Brite-Strike Tactical Illumination Products) Goodwill-to-Asset: 0.00 (As of Dec. 2015)

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What is Brite-Strike Tactical Illumination Products Goodwill-to-Asset?

Brite-Strike Tactical Illumination Products BSTK Goodwill-to-Asset is 0.00 as of Dec. 2015.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Brite-Strike Tactical Illumination Products's Goodwill for the quarter that ended in Dec. 2015 was $0.00 Mil. Brite-Strike Tactical Illumination Products's Total Assets for the quarter that ended in Dec. 2015 was $0.37 Mil. Therefore, Brite-Strike Tactical Illumination Products's Goodwill to Asset Ratio for the quarter that ended in Dec. 2015 was 0.00.


Brite-Strike Tactical Illumination Products  (OTCPK:BSTK) 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.


Brite-Strike Tactical Illumination Products Goodwill-to-Asset Related Terms


Brite-Strike Tactical Illumination Products Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Brite-Strike Tactical Illumination Products'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.

Brite-Strike Tactical Illumination Products Goodwill-to-Asset Chart

Brite-Strike Tactical Illumination Products Annual Data
Trend Dec96 Dec12 Dec13 Dec14 Dec15
Goodwill-to-Asset
0.00 0.00 0.00 0.00 0.00

Brite-Strike Tactical Illumination Products Quarterly Data
Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Dec14 Mar15 Jun15 Sep15 Dec15
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 0.00 0.00 0.00 0.00 0.00

BSTK vs CHEV, DCFCQ, KRFG: Goodwill-to-Asset Comparison

For the Electrical Equipment & Parts subindustry, Brite-Strike Tactical Illumination Products'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.


Brite-Strike Tactical Illumination Products Goodwill-to-Asset vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Brite-Strike Tactical Illumination Products's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Brite-Strike Tactical Illumination Products's Goodwill-to-Asset falls into.



Brite-Strike Tactical Illumination Products 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.

Brite-Strike Tactical Illumination Products's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Goodwill to Asset (A: Dec. 2015 )=Goodwill/Total Assets
=0/0.373
=0.00

Brite-Strike Tactical Illumination Products's Goodwill to Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

Goodwill to Asset (Q: Dec. 2015 )=Goodwill/Total Assets
=0/0.373
=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?
Brite-Strike Tactical Illumination Products (BSTK) has a Goodwill-to-Asset of 0.00 as of Dec. 2015. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Brite-Strike Tactical Illumination Products and its competitors.
Is Brite-Strike Tactical Illumination Products' Goodwill-to-Asset too high?
Brite-Strike Tactical Illumination Products' current Goodwill-to-Asset is 0.00.
How does Brite-Strike Tactical Illumination Products' Goodwill-to-Asset compare to CHEV and DCFCQ?
Brite-Strike Tactical Illumination Products' Goodwill-to-Asset of 0.00 can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Goodwill-to-Asset depends on the Industrial Products 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 Brite-Strike Tactical Illumination Products and its competitors. Brite-Strike Tactical Illumination Products'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 Brite-Strike Tactical Illumination Products stock overvalued right now?
Brite-Strike Tactical Illumination Products (BSTK) 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 Brite-Strike Tactical Illumination Products (BSTK), the current Goodwill-to-Asset is 0.00 as of Dec. 2015. 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.

Brite-Strike Tactical Illumination Products Business Description

Address 1145 Franklin Street, Duxbury, MA, USA, 02332
Brite-Strike Tactical Illumination Products Inc is engaged in the Design and manufacture micro circuit LEDs. The company develops and manufactures ultra-thin micro circuit-based LED lighting devices designed for waterproof and shockproof performance. Its products are used in applications such as military and law enforcement, outdoor recreation, marine, medical devices, and insect repelling. The company also designs and manufactures many other lighting products under its own brand.