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Harvest Oil & Gas (Harvest Oil & Gas) Goodwill-to-Asset : 0.00 (As of Sep. 2020)


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What is Harvest Oil & Gas Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Harvest Oil & Gas's Goodwill for the quarter that ended in Sep. 2020 was $0.00 Mil. Harvest Oil & Gas's Total Assets for the quarter that ended in Sep. 2020 was $145.09 Mil. Therefore, Harvest Oil & Gas's Goodwill to Asset Ratio for the quarter that ended in Sep. 2020 was 0.00.


Harvest Oil & Gas Goodwill-to-Asset Historical Data

The historical data trend for Harvest Oil & Gas'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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Harvest Oil & Gas Goodwill-to-Asset Chart

Harvest Oil & Gas Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Goodwill-to-Asset
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Harvest Oil & Gas Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Harvest Oil & Gas's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Harvest Oil & Gas'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.


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

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

* The bar in red indicates where Harvest Oil & Gas's Goodwill-to-Asset falls into.



Harvest Oil & Gas 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.

Harvest Oil & Gas's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Goodwill to Asset (A: Dec. 2019 )=Goodwill/Total Assets
=0/180.185
=0.00

Harvest Oil & Gas's Goodwill to Asset Ratio for the quarter that ended in Sep. 2020 is calculated as

Goodwill to Asset (Q: Sep. 2020 )=Goodwill/Total Assets
=0/145.085
=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.


Harvest Oil & Gas  (OTCPK:HRST) 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.


Harvest Oil & Gas Goodwill-to-Asset Related Terms

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Harvest Oil & Gas (Harvest Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
1001 Fannin Street, Suite 300, Houston, TX, USA, 77002
Harvest Oil & Gas Corp is engaged in the acquisition, development, and production of oil and natural gas properties.