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China Gerui Advanced Materials Group (FRA:G60A) Goodwill-to-Asset : 0.00 (As of Sep. 2014)


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What is China Gerui Advanced Materials Group Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. China Gerui Advanced Materials Group's Goodwill for the quarter that ended in Sep. 2014 was €0.00 Mil. China Gerui Advanced Materials Group's Total Assets for the quarter that ended in Sep. 2014 was €387.22 Mil. Therefore, China Gerui Advanced Materials Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2014 was 0.00.


China Gerui Advanced Materials Group Goodwill-to-Asset Historical Data

The historical data trend for China Gerui Advanced Materials 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.

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China Gerui Advanced Materials Group Goodwill-to-Asset Chart

China Gerui Advanced Materials Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
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China Gerui Advanced Materials Group Quarterly Data
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Competitive Comparison of China Gerui Advanced Materials Group's Goodwill-to-Asset

For the Steel subindustry, China Gerui Advanced Materials 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.


China Gerui Advanced Materials Group's Goodwill-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, China Gerui Advanced Materials Group's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where China Gerui Advanced Materials Group's Goodwill-to-Asset falls into.



China Gerui Advanced Materials 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.

China Gerui Advanced Materials Group's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Goodwill to Asset (A: Dec. 2013 )=Goodwill/Total Assets
=0/457.387
=0.00

China Gerui Advanced Materials Group's Goodwill to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Goodwill to Asset (Q: Sep. 2014 )=Goodwill/Total Assets
=0/387.222
=0.00

* 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.


China Gerui Advanced Materials Group  (FRA:G60A) 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.


China Gerui Advanced Materials Group Goodwill-to-Asset Related Terms

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China Gerui Advanced Materials Group (FRA:G60A) Business Description

Traded in Other Exchanges
N/A
Address
1 Shuanghu Development Zone, Zhengzhou, Xinzheng City, Henan, CHN, 451191
China Gerui Advanced Materials Group Ltd is a China-based steel processor company. It manufactures high precision cold-rolled narrow strip steel products and converts steel manufactured into thin steel sheets and strips. It mainly produces ultra-thin, high-strength cold-rolled steel products and chromium plates. The company sells its products to domestic Chinese customers who primarily operate in the food and industrial packaging, construction and household decorations materials, electrical appliances, and telecommunications wires and cables industries.

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