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Franchise Services of North America (Franchise Services of North America) Goodwill-to-Asset : 0.42 (As of Mar. 2017)


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What is Franchise Services of North America Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Franchise Services of North America's Goodwill for the quarter that ended in Mar. 2017 was $3.96 Mil. Franchise Services of North America's Total Assets for the quarter that ended in Mar. 2017 was $9.44 Mil. Therefore, Franchise Services of North America's Goodwill to Asset Ratio for the quarter that ended in Mar. 2017 was 0.42.


Franchise Services of North America Goodwill-to-Asset Historical Data

The historical data trend for Franchise Services of North America'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.

Franchise Services of North America Goodwill-to-Asset Chart

Franchise Services of North America Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.02 0.34 0.39 0.37

Franchise Services of North America Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.41 0.44 0.37 0.40 0.42

Competitive Comparison of Franchise Services of North America's Goodwill-to-Asset

For the Rental & Leasing Services subindustry, Franchise Services of North America'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.


Franchise Services of North America's Goodwill-to-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Franchise Services of North America's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Franchise Services of North America's Goodwill-to-Asset falls into.



Franchise Services of North America 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.

Franchise Services of North America's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2016 is calculated as

Goodwill to Asset (A: Sep. 2016 )=Goodwill/Total Assets
=3.96/10.698
=0.37

Franchise Services of North America's Goodwill to Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

Goodwill to Asset (Q: Mar. 2017 )=Goodwill/Total Assets
=3.96/9.435
=0.42

* 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.


Franchise Services of North America  (OTCPK:FCHAF) 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.


Franchise Services of North America Goodwill-to-Asset Related Terms

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Franchise Services of North America (Franchise Services of North America) Business Description

Traded in Other Exchanges
N/A
Address
1052 Highland Colony Parkway, Suite 204, Ridgeland, MS, USA, 39157
Franchise Services of North America Inc is a car rental franchisor in North America. The firm operates in the car, van and light truck rental space, alongside a range of insurance products, both business and personal, to its franchisees, the automobile industry, and consumers. It operates through its subsidiary, U-Save Auto Rental of America Inc. (U-Save). Its segments include Franchise, Insurance and Other. The Franchise segment is engaged in franchising to operate U-Save Auto Rental businesses in the United States. The Insurance segment which generates majority revenue is engaged in providing franchisees and independent auto rental operators with financial services related to insurance products in the United States.

Franchise Services of North America (Franchise Services of North America) Headlines

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