GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Henry County Bancshares Inc (OTCPK:HYCY) » Definitions » Goodwill-to-Asset

Henry County Bancshares (Henry County Bancshares) Goodwill-to-Asset : 0.00 (As of Mar. 2011)


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

What is Henry County Bancshares Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Henry County Bancshares's Goodwill for the quarter that ended in Mar. 2011 was $0.00 Mil. Henry County Bancshares's Total Assets for the quarter that ended in Mar. 2011 was $574.87 Mil. Therefore, Henry County Bancshares's Goodwill to Asset Ratio for the quarter that ended in Mar. 2011 was 0.00.


Henry County Bancshares Goodwill-to-Asset Historical Data

The historical data trend for Henry County Bancshares'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.

Henry County Bancshares Goodwill-to-Asset Chart

Henry County Bancshares Annual Data
Trend Dec05 Dec06 Dec07 Dec09 Dec10
Goodwill-to-Asset
- - - - -

Henry County Bancshares Quarterly Data
Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 - - - - -

Competitive Comparison of Henry County Bancshares's Goodwill-to-Asset

For the Banks - Regional subindustry, Henry County Bancshares'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.


Henry County Bancshares's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Henry County Bancshares's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Henry County Bancshares's Goodwill-to-Asset falls into.



Henry County Bancshares 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.

Henry County Bancshares's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2010 is calculated as

Goodwill to Asset (A: Dec. 2010 )=Goodwill/Total Assets
=0/563.879
=0.00

Henry County Bancshares's Goodwill to Asset Ratio for the quarter that ended in Mar. 2011 is calculated as

Goodwill to Asset (Q: Mar. 2011 )=Goodwill/Total Assets
=0/574.87
=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.


Henry County Bancshares  (OTCPK:HYCY) 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.


Henry County Bancshares Goodwill-to-Asset Related Terms

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


Henry County Bancshares (Henry County Bancshares) Business Description

Traded in Other Exchanges
N/A
Address
Henry County Bancshares, Inc was incoporated in gerogia, operates as the holding company for The First State Bank that provides various commercial and consumer banking services to individuals and small businesses in Georgia. The company's deposit products include checking, passbook savings, and money market accounts; time deposits; and interest-bearing and non-interest-bearing demand deposits. Its lending portfolio comprises commercial real estate loans; residential construction and development loans; commercial construction loans; loans secured by first or second mortgages on residential real estate; commercial loans to small and medium sized businesses for purposes, such as new or upgrades to plant and equipment, inventory acquisition, and various working capital purposes; home equity loans; loans secured by savings accounts; and consumer loans consisting of installment loans to individuals for personal, family, and household purposes. The company serves customers in Henry and adjacent counties through its main office and six full service branches located in Stockbridge, Ellenwood, McDonough, and Locust Grove, Georgia.

Henry County Bancshares (Henry County Bancshares) Headlines

No Headlines