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Simba Gold (FRA:S7G) Goodwill-to-Asset : 0.00 (As of Dec. 2014)


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What is Simba Gold Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Simba Gold's Goodwill for the quarter that ended in Dec. 2014 was €0.00 Mil. Simba Gold's Total Assets for the quarter that ended in Dec. 2014 was €0.00 Mil.


Simba Gold Goodwill-to-Asset Historical Data

The historical data trend for Simba Gold'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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Simba Gold Goodwill-to-Asset Chart

Simba Gold Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
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Simba Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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Competitive Comparison of Simba Gold's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Simba Gold'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.


Simba Gold's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Simba Gold's Goodwill-to-Asset distribution charts can be found below:

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



Simba Gold 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.

Simba Gold's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Goodwill to Asset (A: Mar. 2014 )=Goodwill/Total Assets
=0/0.001
=

Simba Gold's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=0/0.001
=

* 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.


Simba Gold  (FRA:S7G) 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.


Simba Gold Goodwill-to-Asset Related Terms

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Simba Gold (FRA:S7G) Business Description

Traded in Other Exchanges
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Simba Gold Corp. is a gold exploration company focused on the development of quality assets in Africa.

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