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Immunoclin (Immunoclin) Goodwill-to-Asset : 0.03 (As of Oct. 2014)


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What is Immunoclin Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Immunoclin's Goodwill for the quarter that ended in Oct. 2014 was $0.65 Mil. Immunoclin's Total Assets for the quarter that ended in Oct. 2014 was $20.39 Mil. Therefore, Immunoclin's Goodwill to Asset Ratio for the quarter that ended in Oct. 2014 was 0.03.


Immunoclin Goodwill-to-Asset Historical Data

The historical data trend for Immunoclin'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.

Immunoclin Goodwill-to-Asset Chart

Immunoclin Annual Data
Trend Feb12 Jan13 Jan14
Goodwill-to-Asset
- - 0.03

Immunoclin Quarterly Data
May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Apr14 Jul14 Oct14
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 - - 0.03 0.03 0.03

Competitive Comparison of Immunoclin's Goodwill-to-Asset

For the Biotechnology subindustry, Immunoclin'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.


Immunoclin's Goodwill-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Immunoclin's Goodwill-to-Asset distribution charts can be found below:

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



Immunoclin 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.

Immunoclin's Goodwill to Asset Ratio for the fiscal year that ended in Jan. 2014 is calculated as

Goodwill to Asset (A: Jan. 2014 )=Goodwill/Total Assets
=0.65/21.039
=

Immunoclin's Goodwill to Asset Ratio for the quarter that ended in Oct. 2014 is calculated as

Goodwill to Asset (Q: Oct. 2014 )=Goodwill/Total Assets
=0.65/20.391
=0.03

* 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.


Immunoclin  (GREY:IMCL) 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.


Immunoclin Goodwill-to-Asset Related Terms

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Immunoclin (Immunoclin) Business Description

Traded in Other Exchanges
N/A
Address
9107 Wilshire Boulevard, Suite 450, Beverly Hills, CA, USA, 90210
Immunoclin Corp is engaged in immunology research and development skill to serve the pharmaceutical, biotechnology and food industries, providing comprehensive, clinical and basic science research expertise at a commercial scale and quality.

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