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Golden Patriot (Golden Patriot) Goodwill-to-Asset : 0.00 (As of Jan. 2008)


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What is Golden Patriot Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Golden Patriot's Goodwill for the quarter that ended in Jan. 2008 was $0.00 Mil. Golden Patriot's Total Assets for the quarter that ended in Jan. 2008 was $0.14 Mil.


Golden Patriot Goodwill-to-Asset Historical Data

The historical data trend for Golden Patriot'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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Golden Patriot Goodwill-to-Asset Chart

Golden Patriot Annual Data
Trend Apr02 Apr03 Apr04 Apr05 Apr06 Apr07
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Golden Patriot Quarterly Data
Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Jan06 Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08
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Competitive Comparison of Golden Patriot's Goodwill-to-Asset

For the Oil & Gas Equipment & Services subindustry, Golden Patriot'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.


Golden Patriot's Goodwill-to-Asset Distribution in the Oil & Gas Industry

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

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



Golden Patriot 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.

Golden Patriot's Goodwill to Asset Ratio for the fiscal year that ended in Apr. 2007 is calculated as

Goodwill to Asset (A: Apr. 2007 )=Goodwill/Total Assets
=0/0.225
=

Golden Patriot's Goodwill to Asset Ratio for the quarter that ended in Jan. 2008 is calculated as

Goodwill to Asset (Q: Jan. 2008 )=Goodwill/Total Assets
=0/0.144
=

* 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.


Golden Patriot  (OTCPK:GPTC) 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.


Golden Patriot Goodwill-to-Asset Related Terms

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Golden Patriot (Golden Patriot) Business Description

Traded in Other Exchanges
N/A
Address
8 Bond Street, Suite 124, Great Neck, NY, USA, 11021
Golden Patriot Corp is engaged in the exploration of its Lucky Boy uranium property in Arizona.

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