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Celadon Group (FRA:CG2) Goodwill-to-Asset : 0.06 (As of Dec. 2016)


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What is Celadon Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Celadon Group's Goodwill for the quarter that ended in Dec. 2016 was €59.2 Mil. Celadon Group's Total Assets for the quarter that ended in Dec. 2016 was €930.7 Mil. Therefore, Celadon Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2016 was 0.06.


Celadon Group Goodwill-to-Asset Historical Data

The historical data trend for Celadon Group'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.

Celadon Group Goodwill-to-Asset Chart

Celadon Group Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.03 0.03 0.05 0.06

Celadon Group Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 0.05 0.05 0.06 0.06 0.06

Competitive Comparison of Celadon Group's Goodwill-to-Asset

For the Trucking subindustry, Celadon Group'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.


Celadon Group's Goodwill-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Celadon Group's Goodwill-to-Asset distribution charts can be found below:

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



Celadon Group 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.

Celadon Group's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2016 is calculated as

Goodwill to Asset (A: Jun. 2016 )=Goodwill/Total Assets
=55.581/981.928
=0.06

Celadon Group's Goodwill to Asset Ratio for the quarter that ended in Dec. 2016 is calculated as

Goodwill to Asset (Q: Dec. 2016 )=Goodwill/Total Assets
=59.203/930.672
=0.06

* 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.


Celadon Group  (FRA:CG2) 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.


Celadon Group Goodwill-to-Asset Related Terms

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Celadon Group (FRA:CG2) Business Description

Traded in Other Exchanges
N/A
Address
9503 East 33rd Street, One Celadon Drive, Indianapolis, IN, USA, 46235
Celadon Group Inc is a United States based company truckload freight transportation provider. Through its subsidiaries, the company provides long haul, regional, local, dedicated, intermodal, temperature-protect, and expedited freight service across the United States, Canada, and Mexico. It also offers freight brokerage services, freight management, as well as supply chain management solutions, including logistics, warehousing, and distribution. The operating segments of the company are Asset-based, Asset-light and Equipment leasing and services.

Celadon Group (FRA:CG2) Headlines

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