CBMDF (CBM Asia Development) Goodwill-to-Asset: 0.00 (As of Sep. 2013)

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What is CBM Asia Development Goodwill-to-Asset?

CBM Asia Development CBMDF -90.00% Goodwill-to-Asset is 0.00 as of Sep. 2013.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. CBM Asia Development's Goodwill for the quarter that ended in Sep. 2013 was $0.00 Mil. CBM Asia Development's Total Assets for the quarter that ended in Sep. 2013 was $1.61 Mil.


CBM Asia Development  (OTCPK:CBMDF) 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.


CBM Asia Development Goodwill-to-Asset Related Terms


CBM Asia Development Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for CBM Asia Development'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.

CBM Asia Development Goodwill-to-Asset Chart

CBM Asia Development Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

CBM Asia Development Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 0.00 0.00 0.00 0.00

CBMDF vs IFNY, EXNT: Goodwill-to-Asset Comparison

For the Oil & Gas E&P subindustry, CBM Asia Development'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.


CBM Asia Development Goodwill-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, CBM Asia Development's Goodwill-to-Asset distribution charts can be found below:

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



CBM Asia Development 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.

CBM Asia Development's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Goodwill to Asset (A: Dec. 2012 )=Goodwill/Total Assets
=0/3.36
=

CBM Asia Development's Goodwill to Asset Ratio for the quarter that ended in Sep. 2013 is calculated as

Goodwill to Asset (Q: Sep. 2013 )=Goodwill/Total Assets
=0/1.605
=

* 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?
CBM Asia Development (CBMDF) has a Goodwill-to-Asset of 0.00 as of Sep. 2013. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on CBM Asia Development and its competitors.
Is CBM Asia Development's Goodwill-to-Asset too high?
CBM Asia Development's current Goodwill-to-Asset is 0.00.
How does CBM Asia Development's Goodwill-to-Asset compare to IFNY and EXNT?
CBM Asia Development's Goodwill-to-Asset of 0.00 can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Goodwill-to-Asset depends on the Oil & Gas 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 CBM Asia Development and its competitors. CBM Asia Development'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 CBM Asia Development stock overvalued right now?
CBM Asia Development (CBMDF) 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 CBM Asia Development (CBMDF), the current Goodwill-to-Asset is 0.00 as of Sep. 2013. 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.

CBM Asia Development Business Description

Industry EnergyOil & Gas
Address 5626 Larch Street, Vancouver, BC, CAN, V6M 4E1
CBM Asia Development Corp is engaged in the exploration and development of its interests in gas properties in Indonesia.