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Saltbae Capital (Saltbae Capital) Goodwill-to-Asset : 0.26 (As of Mar. 2019)


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What is Saltbae Capital Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Saltbae Capital's Goodwill for the quarter that ended in Mar. 2019 was $5.35 Mil. Saltbae Capital's Total Assets for the quarter that ended in Mar. 2019 was $20.31 Mil. Therefore, Saltbae Capital's Goodwill to Asset Ratio for the quarter that ended in Mar. 2019 was 0.26.


Saltbae Capital Goodwill-to-Asset Historical Data

The historical data trend for Saltbae Capital'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.

Saltbae Capital Goodwill-to-Asset Chart

Saltbae Capital Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Saltbae Capital Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 - 0.26 0.28 0.25 0.26

Competitive Comparison of Saltbae Capital's Goodwill-to-Asset

For the Electrical Equipment & Parts subindustry, Saltbae Capital'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.


Saltbae Capital's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Saltbae Capital's Goodwill-to-Asset distribution charts can be found below:

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



Saltbae Capital 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.

Saltbae Capital's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2017 is calculated as

Goodwill to Asset (A: Sep. 2017 )=Goodwill/Total Assets
=0/1.799
=

Saltbae Capital's Goodwill to Asset Ratio for the quarter that ended in Mar. 2019 is calculated as

Goodwill to Asset (Q: Mar. 2019 )=Goodwill/Total Assets
=5.347/20.306
=0.26

* 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.


Saltbae Capital  (OTCPK:CECBF) 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.


Saltbae Capital Goodwill-to-Asset Related Terms

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Saltbae Capital (Saltbae Capital) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5700, First Canadian Place, Toronto, ON, CAN, M5X 1C7
Saltbae Capital Corp formerly CellCube Energy Storage Systems Inc is a Canadian company which acts as an integrated producer of vanadium and vanadium electrolytes for the energy storage industry. The principal activity is the exploration of its mineral properties in Canada and the United States. The company owns an interest in Bisoni-Mckay Property and Bisoni-Rio Property.

Saltbae Capital (Saltbae Capital) Headlines