GDET (GD Entertainment & Technology) Goodwill-to-Asset: 0.00 (As of Feb. 2006)

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What is GD Entertainment & Technology Goodwill-to-Asset?

GD Entertainment & Technology GDET -99.00% Goodwill-to-Asset is 0.00 as of Feb. 2006.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. GD Entertainment & Technology's Goodwill for the quarter that ended in Feb. 2006 was $0.00 Mil. GD Entertainment & Technology's Total Assets for the quarter that ended in Feb. 2006 was $1.46 Mil. Therefore, GD Entertainment & Technology's Goodwill to Asset Ratio for the quarter that ended in Feb. 2006 was 0.00.


GD Entertainment & Technology  (OTCPK:GDET) 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.


GD Entertainment & Technology Goodwill-to-Asset Related Terms


GD Entertainment & Technology Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for GD Entertainment & Technology'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.

GD Entertainment & Technology Goodwill-to-Asset Chart

GD Entertainment & Technology Annual Data
Trend May01 May04 May05
Goodwill-to-Asset
0.00 0.00 0.00

GD Entertainment & Technology Quarterly Data
May01 Aug01 Nov01 Feb02 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GD Entertainment & Technology Goodwill-to-Asset Competitor Comparison

For the Personal Services subindustry, GD Entertainment & Technology'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.


GD Entertainment & Technology Goodwill-to-Asset vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, GD Entertainment & Technology's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where GD Entertainment & Technology's Goodwill-to-Asset falls into.



GD Entertainment & Technology 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.

GD Entertainment & Technology's Goodwill to Asset Ratio for the fiscal year that ended in May. 2005 is calculated as

Goodwill to Asset (A: May. 2005 )=Goodwill/Total Assets
=0/0.91
=0.00

GD Entertainment & Technology's Goodwill to Asset Ratio for the quarter that ended in Feb. 2006 is calculated as

Goodwill to Asset (Q: Feb. 2006 )=Goodwill/Total Assets
=0/1.459
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
GD Entertainment & Technology (GDET) has a Goodwill-to-Asset of 0.00 as of Feb. 2006. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on GD Entertainment & Technology and its competitors.
Is GD Entertainment & Technology's Goodwill-to-Asset too high?
GD Entertainment & Technology's current Goodwill-to-Asset is 0.00.
How does GD Entertainment & Technology's Goodwill-to-Asset compare to competitors?
GD Entertainment & Technology's Goodwill-to-Asset of 0.00 can be compared against companies in the Personal Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Personal Services company?
A good Goodwill-to-Asset depends on the Personal Services industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on GD Entertainment & Technology and its competitors. GD Entertainment & Technology's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GD Entertainment & Technology stock overvalued right now?
GD Entertainment & Technology (GDET) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For GD Entertainment & Technology (GDET), the current Goodwill-to-Asset is 0.00 as of Feb. 2006. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

GD Entertainment & Technology Business Description

Address 1 Bridge Plaza, 2nd Floor, Fort Lee, NJ, USA, 07024
GD Entertainment & Technology Inc focuses on high growth industries. The company currently has one operating subsidiary, DreamCard, a high-end metal card that personalizes debit and credit cards for a fee which allows users to create a customizable debit or credit card using its online platform. It also customizes Specialty Cards for Customer Loyalty and Affinity Networks. It simply takes an existing debit or credit card and transfers its data and chip into a new metal, 24karat or Stainless Steel card of the cardholders design and ships it to the holder. GDET markets to the business enterprises that promote commerce to members with a VIP card. Casinos and Affinity Networks form the base of company consumers.