FASDF (Fantasy Aces Daily Fantasy Sports) Goodwill-to-Asset: 0.70 (As of Sep. 2016)


What is Fantasy Aces Daily Fantasy Sports Goodwill-to-Asset?

Fantasy Aces Daily Fantasy Sports FASDF Goodwill-to-Asset is 0.70 as of Sep. 2016.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Fantasy Aces Daily Fantasy Sports's Goodwill for the quarter that ended in Sep. 2016 was $1.65 Mil. Fantasy Aces Daily Fantasy Sports's Total Assets for the quarter that ended in Sep. 2016 was $2.37 Mil. Therefore, Fantasy Aces Daily Fantasy Sports's Goodwill to Asset Ratio for the quarter that ended in Sep. 2016 was 0.70.

Fantasy Aces Daily Fantasy Sports  (OTCPK:FASDF) 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.

Fantasy Aces Daily Fantasy Sports Goodwill-to-Asset Related Terms

Fantasy Aces Daily Fantasy Sports Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Goodwill-to-Asset Chart

Fantasy Aces Daily Fantasy Sports Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.81

Fantasy Aces Daily Fantasy Sports Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 0.24 0.81 0.70 0.75 0.70

FASDF vs FRZT: Goodwill-to-Asset Comparison

For the Electronic Gaming & Multimedia subindustry, Fantasy Aces Daily Fantasy Sports'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.

Fantasy Aces Daily Fantasy Sports Goodwill-to-Asset vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Fantasy Aces Daily Fantasy Sports's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Fantasy Aces Daily Fantasy Sports's Goodwill-to-Asset falls into.


Fantasy Aces Daily Fantasy Sports 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.

Fantasy Aces Daily Fantasy Sports's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2015 is calculated as

Goodwill to Asset (A: Dec. 2015 )=Goodwill/Total Assets
=1.58/1.951
=0.81

Fantasy Aces Daily Fantasy Sports's Goodwill to Asset Ratio for the quarter that ended in Sep. 2016 is calculated as

Goodwill to Asset (Q: Sep. 2016 )=Goodwill/Total Assets
=1.653/2.366
=0.70

* 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 0.70 mean?
Fantasy Aces Daily Fantasy Sports (FASDF) has a Goodwill-to-Asset of 0.70 as of Sep. 2016. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Fantasy Aces Daily Fantasy Sports and its competitors.
Is Fantasy Aces Daily Fantasy Sports' Goodwill-to-Asset too high?
Fantasy Aces Daily Fantasy Sports' current Goodwill-to-Asset is 0.70.
How does Fantasy Aces Daily Fantasy Sports' Goodwill-to-Asset compare to FRZT?
Fantasy Aces Daily Fantasy Sports' Goodwill-to-Asset of 0.70 can be compared against companies in the Interactive Media 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 Interactive Media company?
A good Goodwill-to-Asset depends on the Interactive Media 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 Fantasy Aces Daily Fantasy Sports and its competitors. Fantasy Aces Daily Fantasy Sports's current Goodwill-to-Asset is 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fantasy Aces Daily Fantasy Sports stock overvalued right now?
Fantasy Aces Daily Fantasy Sports (FASDF) has a current Goodwill-to-Asset of 0.70. The current Goodwill-to-Asset is 0.70. 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 Fantasy Aces Daily Fantasy Sports (FASDF), the current Goodwill-to-Asset is 0.70 as of Sep. 2016. 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.

Fantasy Aces Daily Fantasy Sports Business Description

Address 120 Vantis, Suite 300, Aliso Viejo, CA, USA, 92656
Fantasy Aces Daily Fantasy Sports Corp is engaged in the daily fantasy sports games. It offers players the ability to play fantasy sports in a variety of sports including NFL, NBA, NHL and PGA. The company operates in the United States.