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Freedom Energy (FRA:B1H2) Goodwill-to-Asset : 0.00 (As of Dec. 2018)


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What is Freedom Energy Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Freedom Energy's Goodwill for the quarter that ended in Dec. 2018 was €0.00 Mil. Freedom Energy's Total Assets for the quarter that ended in Dec. 2018 was €0.02 Mil.


Freedom Energy Goodwill-to-Asset Historical Data

The historical data trend for Freedom Energy'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.

Freedom Energy Goodwill-to-Asset Chart

Freedom Energy Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Goodwill-to-Asset
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Freedom Energy Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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Competitive Comparison of Freedom Energy's Goodwill-to-Asset

For the Coking Coal subindustry, Freedom Energy'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.


Freedom Energy's Goodwill-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Freedom Energy's Goodwill-to-Asset distribution charts can be found below:

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



Freedom Energy 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.

Freedom Energy's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2018 is calculated as

Goodwill to Asset (A: Mar. 2018 )=Goodwill/Total Assets
=0/0.066
=

Freedom Energy's Goodwill to Asset Ratio for the quarter that ended in Dec. 2018 is calculated as

Goodwill to Asset (Q: Dec. 2018 )=Goodwill/Total Assets
=0/0.022
=

* 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.


Freedom Energy  (FRA:B1H2) 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.


Freedom Energy Goodwill-to-Asset Related Terms

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Freedom Energy (FRA:B1H2) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 315, Vancouver, BC, CAN, V6C 3N6
Freedom Energy Inc is an exploration stage junior mining company. It is engaged in the exploration, evaluation, and development of metallurgical coal, and oil and gas projects in North America. It also holds an interest in Good Hope gold property. The firm operates through one segment that is Exploration and Evaluation of mineral property interests.

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