IXOG (Index Oil & Gas) Goodwill-to-Asset: 0.00 (As of Mar. 2009)

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

Index Oil & Gas IXOG -99.86% Goodwill-to-Asset is 0.00 as of Mar. 2009.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Index Oil & Gas's Goodwill for the quarter that ended in Mar. 2009 was $0.00 Mil. Index Oil & Gas's Total Assets for the quarter that ended in Mar. 2009 was $6.99 Mil. Therefore, Index Oil & Gas's Goodwill to Asset Ratio for the quarter that ended in Mar. 2009 was 0.00.

Index Oil & Gas  (OTCPK:IXOG) 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.

Index Oil & Gas Goodwill-to-Asset Related Terms

Index Oil & Gas Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Index 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.

Index Oil & Gas Goodwill-to-Asset Chart

Index Oil & Gas Annual Data
Trend Dec04 Dec05 Mar06 Mar07 Mar08 Mar09
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Index Oil & Gas Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 0.00 0.00 0.00 0.00 0.00

IXOG vs FPPP, UNGS, GBEYF: Goodwill-to-Asset Comparison

For the Oil & Gas E&P subindustry, Index 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.

Index Oil & Gas Goodwill-to-Asset vs Oil & Gas Industry

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

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


Index 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.

Index Oil & Gas's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2009 is calculated as

Goodwill to Asset (A: Mar. 2009 )=Goodwill/Total Assets
=0/6.994
=0.00

Index Oil & Gas's Goodwill to Asset Ratio for the quarter that ended in Mar. 2009 is calculated as

Goodwill to Asset (Q: Mar. 2009 )=Goodwill/Total Assets
=0/6.994
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Index Oil & Gas (IXOG) has a Goodwill-to-Asset of 0.00 as of Mar. 2009. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Index Oil & Gas and its competitors.
Is Index Oil & Gas' Goodwill-to-Asset too high?
Index Oil & Gas' current Goodwill-to-Asset is 0.00.
How does Index Oil & Gas' Goodwill-to-Asset compare to FPPP and UNGS?
Index Oil & Gas' Goodwill-to-Asset of 0.00 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for an Oil & Gas company?
A good Goodwill-to-Asset depends on the Oil & Gas industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Index Oil & Gas and its competitors. Index Oil & Gas's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Index Oil & Gas stock overvalued right now?
Index Oil & Gas (IXOG) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Index Oil & Gas (IXOG), the current Goodwill-to-Asset is 0.00 as of Mar. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Index Oil & Gas Business Description

Industry EnergyOil & Gas
Address 10000 Memorial Drive, Suite 440, Houston, TX, USA, 77024
Index Oil & Gas Inc is an independent oil and natural gas company engaged in the acquisition, exploration, development, production and sale of oil and natural gas properties. It focuses on prolific petroleum system of the onshore Gulf Coast of Texas and Louisiana.