GLLOF (Galileo Japan Trust) Goodwill-to-Asset: 0.00 (As of Jun. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Galileo Japan Trust Goodwill-to-Asset?

Galileo Japan Trust GLLOF Goodwill-to-Asset is 0.00 as of Jun. 2016.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Galileo Japan Trust's Goodwill for the quarter that ended in Jun. 2016 was $0.00 Mil. Galileo Japan Trust's Total Assets for the quarter that ended in Jun. 2016 was $228.76 Mil. Therefore, Galileo Japan Trust's Goodwill to Asset Ratio for the quarter that ended in Jun. 2016 was 0.00.

Galileo Japan Trust  (GREY:GLLOF) 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.

Galileo Japan Trust Goodwill-to-Asset Related Terms

Galileo Japan Trust Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Galileo Japan Trust'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.

Galileo Japan Trust Goodwill-to-Asset Chart

Galileo Japan Trust 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 0.00 0.00 0.00 0.00 0.00

Galileo Japan Trust Semi-Annual Data
Jun06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 0.00 0.00 0.00 0.00 0.00

GLLOF vs CLPR: Goodwill-to-Asset Comparison

For the REIT - Diversified subindustry, Galileo Japan Trust'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.

Galileo Japan Trust Goodwill-to-Asset vs REITs Industry

For the REITs industry and Real Estate sector, Galileo Japan Trust's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Galileo Japan Trust's Goodwill-to-Asset falls into.


Galileo Japan Trust 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.

Galileo Japan Trust'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
=0/228.759
=0.00

Galileo Japan Trust's Goodwill to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Goodwill to Asset (Q: Jun. 2016 )=Goodwill/Total Assets
=0/228.759
=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?
Galileo Japan Trust (GLLOF) has a Goodwill-to-Asset of 0.00 as of Jun. 2016. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Galileo Japan Trust and its competitors.
Is Galileo Japan Trust's Goodwill-to-Asset too high?
Galileo Japan Trust's current Goodwill-to-Asset is 0.00.
How does Galileo Japan Trust's Goodwill-to-Asset compare to CLPR?
Galileo Japan Trust's Goodwill-to-Asset of 0.00 can be compared against companies in the REITs 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 REITs company?
A good Goodwill-to-Asset depends on the REITs 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 Galileo Japan Trust and its competitors. Galileo Japan Trust'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 Galileo Japan Trust stock overvalued right now?
Galileo Japan Trust (GLLOF) 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 Galileo Japan Trust (GLLOF), the current Goodwill-to-Asset is 0.00 as of Jun. 2016. 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.

Galileo Japan Trust Business Description

Industry Real EstateREITs
Address Level 9, 1 Alfred Street, Sydney, NSW, AUS, 2000
Galileo Japan Trust is a property trust which indirectly invests in a diverse portfolio of real estate assets in Japan. Galileo Japan Funds Management Limited is the responsible entity of the Trust.