GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tallgrass Energy Corp (FRA:TGV) » Definitions » Goodwill-to-Asset

Tallgrass Energy (FRA:TGV) Goodwill-to-Asset : 0.00 (As of Dec. 2012)


View and export this data going back to . Start your Free Trial

What is Tallgrass Energy Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tallgrass Energy's Goodwill for the quarter that ended in Dec. 2012 was €0.00 Mil. Tallgrass Energy's Total Assets for the quarter that ended in Dec. 2012 was €23.98 Mil. Therefore, Tallgrass Energy's Goodwill to Asset Ratio for the quarter that ended in Dec. 2012 was 0.00.


Tallgrass Energy Goodwill-to-Asset Historical Data

The historical data trend for Tallgrass 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.

Tallgrass Energy Goodwill-to-Asset Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only - - - - -

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Tallgrass Energy's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Tallgrass 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.


Tallgrass Energy's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tallgrass Energy's Goodwill-to-Asset distribution charts can be found below:

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



Tallgrass 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.

Tallgrass Energy's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Goodwill to Asset (A: Dec. 2012 )=Goodwill/Total Assets
=0/23.976
=0.00

Tallgrass Energy's Goodwill to Asset Ratio for the quarter that ended in Dec. 2012 is calculated as

Goodwill to Asset (Q: Dec. 2012 )=Goodwill/Total Assets
=0/23.976
=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.


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Tallgrass Energy's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Tallgrass Energy (FRA:TGV) Business Description

Traded in Other Exchanges
N/A
Address
Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

Tallgrass Energy (FRA:TGV) Headlines

No Headlines