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Innovest Global (Innovest Global) Goodwill-to-Asset : 0.00 (As of Jun. 2009)


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What is Innovest Global Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Innovest Global's Goodwill for the quarter that ended in Jun. 2009 was $0.00 Mil. Innovest Global's Total Assets for the quarter that ended in Jun. 2009 was $2.27 Mil.


Innovest Global Goodwill-to-Asset Historical Data

The historical data trend for Innovest Global'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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Innovest Global Goodwill-to-Asset Chart

Innovest Global Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
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Innovest Global Quarterly Data
Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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Competitive Comparison of Innovest Global's Goodwill-to-Asset

For the Conglomerates subindustry, Innovest Global'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.


Innovest Global's Goodwill-to-Asset Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Innovest Global's Goodwill-to-Asset distribution charts can be found below:

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



Innovest Global 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.

Innovest Global's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Goodwill to Asset (A: Dec. 2008 )=Goodwill/Total Assets
=0/1.897
=

Innovest Global's Goodwill to Asset Ratio for the quarter that ended in Jun. 2009 is calculated as

Goodwill to Asset (Q: Jun. 2009 )=Goodwill/Total Assets
=0/2.273
=

* 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.


Innovest Global  (OTCPK:IVST) 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.


Innovest Global Goodwill-to-Asset Related Terms

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Innovest Global (Innovest Global) Business Description

Traded in Other Exchanges
N/A
Address
8834 Mayfield Road, Chesterland, OH, USA, 44026
Innovest Global Inc is a diversified Industrial company. It operates in six segments: Energy Solutions, which provides an all-in-one offering of procurement and efficiency solutions for commercial and industrial customers, including LED lighting and retrofits; Energy Brokerage segment provides competitive electricity and natural gas purchase programs for residential and commercial consumers; Call Center Services; Building Solutions segment designs, engineers, tests and assembles curtainwall systems or other building solutions used in large custom construction projects; Wholesale Purchasing, which acts as a national distributor of roofing, windows, fasteners, and associated tools and accessories; and Others segment.