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Core Lithium (Core Lithium) Goodwill-to-Asset : 0.26 (As of Dec. 2014)


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What is Core Lithium Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Core Lithium's Goodwill for the quarter that ended in Dec. 2014 was $0.80 Mil. Core Lithium's Total Assets for the quarter that ended in Dec. 2014 was $3.13 Mil.


Core Lithium Goodwill-to-Asset Historical Data

The historical data trend for Core Lithium'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.

Core Lithium Goodwill-to-Asset Chart

Core Lithium Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
0.23 0.24 0.24 0.26

Core Lithium Quarterly Data
Mar11 Sep11 Dec11 Mar12 Sep12 Dec12 Mar13 Sep13 Dec13 Dec14
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.23 0.22 0.24 0.26

Competitive Comparison of Core Lithium's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Core Lithium'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.


Core Lithium's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Core Lithium's Goodwill-to-Asset distribution charts can be found below:

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



Core Lithium 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.

Core Lithium's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill to Asset (A: Dec. 2014 )=Goodwill/Total Assets
=0.8/3.129
=0.26

Core Lithium's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=0.8/3.129
=

* 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.


Core Lithium  (GREY:CORX) 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.


Core Lithium Goodwill-to-Asset Related Terms

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Core Lithium (Core Lithium) Business Description

Traded in Other Exchanges
N/A
Address
250 East Fifth Street, 15th Floor, PMB No121, Cincinnati, OH, USA, 45202
Core Lithium Corp is a United States based development stage company. It is engaged in the business of exploration, mining, and development of prospective Lithium assets in North America.

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