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Central Energy Partners LP (Central Energy Partners LP) Goodwill-to-Asset : 0.53 (As of Jun. 2015)


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What is Central Energy Partners LP Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Central Energy Partners LP's Goodwill for the quarter that ended in Jun. 2015 was $3.94 Mil. Central Energy Partners LP's Total Assets for the quarter that ended in Jun. 2015 was $7.41 Mil. Therefore, Central Energy Partners LP's Goodwill to Asset Ratio for the quarter that ended in Jun. 2015 was 0.53.


Central Energy Partners LP Goodwill-to-Asset Historical Data

The historical data trend for Central Energy Partners LP'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.

Central Energy Partners LP Goodwill-to-Asset Chart

Central Energy Partners LP Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.42 0.43 0.49 0.48

Central Energy Partners LP Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 0.48 0.48 0.49 0.53 -

Competitive Comparison of Central Energy Partners LP's Goodwill-to-Asset

For the Oil & Gas Midstream subindustry, Central Energy Partners LP'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.


Central Energy Partners LP's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Central Energy Partners LP's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Central Energy Partners LP's Goodwill-to-Asset falls into.



Central Energy Partners LP 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.

Central Energy Partners LP'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
=3.94/8.224
=0.48

Central Energy Partners LP's Goodwill to Asset Ratio for the quarter that ended in Jun. 2015 is calculated as

Goodwill to Asset (Q: Jun. 2015 )=Goodwill/Total Assets
=3.94/7.406
=0.53

* 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.


Central Energy Partners LP  (GREY:ENGY) 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.


Central Energy Partners LP Goodwill-to-Asset Related Terms

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Central Energy Partners LP (Central Energy Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
4809 Cole Avenue, Suite 108, Dallas, TX, USA, 75205
Central Energy Partners LP provides liquid bulk storage, trans-loading, and transportation services for hazardous chemicals and petroleum products. Its key activities include the storage, transportation and railcar trans-loading of bulk liquids, including hazardous chemicals and petroleum products. It transports a range of hazardous products, such as aluminum sulfate solution, hydrochloric acid, sulfuric acid, aqua ammonia, sodium bisulfate and fuel blends.
Executives
Alan D Bell director C/O DUNE ENERGY, INC., TWO SHELL PLAZA, 777 WALKER STREET, SUITE 2300, HOUSTON TX 77002
Ian T Bothwell officer: EVP, CFO & Secretary 77 530 ENFIELD LANE, BLDG D, PALM DESERT CA 92211
David M. Laney director 901 MAIN STREET, SUITE 3601, DALLAS TX 75202
Jerry V Swank director 3300 OAK LAWN AVENUE, SUITE 650, DALLAS TX 75219
Daniel L Spears director C/O EMERALD OIL, INC., 200 COLUMBINE, SUITE 500, DENVER CO 80206
Imad K. Anbouba director, officer: General Partner 10440 N CENTRAL EXPWAY, SUITE 1010, DALLAS TX 75231
Cushing Mlp Opportunity Fund I, Lp 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225
Bruce I Raben director 430 VICTORIA TERRACE, RIDGEFIELD NJ 7657
Cushing Mlp Asset Management, Lp 10 percent owner 600 NORTH PEARL STREET, SUITE 1205, DALLAS TX 75201
Swank Capital, Llc 10 percent owner 8117 PRESTON ROAD, SUITE 440, DALLAS TX 75225

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