GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cannabusiness Group Inc (OTCPK:CBGI) » Definitions » Goodwill-to-Asset

Cannabusiness Group (Cannabusiness Group) Goodwill-to-Asset : 0.44 (As of Dec. 2007)


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

What is Cannabusiness Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Cannabusiness Group's Goodwill for the quarter that ended in Dec. 2007 was $2.84 Mil. Cannabusiness Group's Total Assets for the quarter that ended in Dec. 2007 was $6.46 Mil. Therefore, Cannabusiness Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2007 was 0.44.


Cannabusiness Group Goodwill-to-Asset Historical Data

The historical data trend for Cannabusiness Group'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.

Cannabusiness Group Goodwill-to-Asset Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.55 0.44

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - 0.55 0.44

Competitive Comparison of Cannabusiness Group's Goodwill-to-Asset

For the Real Estate Services subindustry, Cannabusiness Group'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.


Cannabusiness Group's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Goodwill-to-Asset distribution charts can be found below:

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



Cannabusiness Group 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.

Cannabusiness Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Goodwill to Asset (A: Dec. 2007 )=Goodwill/Total Assets
=2.84/6.462
=0.44

Cannabusiness Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2007 is calculated as

Goodwill to Asset (Q: Dec. 2007 )=Goodwill/Total Assets
=2.84/6.462
=0.44

* 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.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Goodwill-to-Asset Related Terms

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


Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

No Headlines