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WG Wearne (JSE:WEA) Goodwill-to-Asset : 0.00 (As of Aug. 2017)


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What is WG Wearne Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. WG Wearne's Goodwill for the quarter that ended in Aug. 2017 was R0.0 Mil. WG Wearne's Total Assets for the quarter that ended in Aug. 2017 was R328.6 Mil. Therefore, WG Wearne's Goodwill to Asset Ratio for the quarter that ended in Aug. 2017 was 0.00.


WG Wearne Goodwill-to-Asset Historical Data

The historical data trend for WG Wearne'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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WG Wearne Goodwill-to-Asset Chart

WG Wearne Annual Data
Trend Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17
Goodwill-to-Asset
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WG Wearne Semi-Annual Data
Feb08 Aug08 Feb09 Aug09 Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17
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Competitive Comparison of WG Wearne's Goodwill-to-Asset

For the Building Materials subindustry, WG Wearne'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.


WG Wearne's Goodwill-to-Asset Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, WG Wearne's Goodwill-to-Asset distribution charts can be found below:

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



WG Wearne 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.

WG Wearne's Goodwill to Asset Ratio for the fiscal year that ended in Feb. 2017 is calculated as

Goodwill to Asset (A: Feb. 2017 )=Goodwill/Total Assets
=0/341.304
=0.00

WG Wearne's Goodwill to Asset Ratio for the quarter that ended in Aug. 2017 is calculated as

Goodwill to Asset (Q: Aug. 2017 )=Goodwill/Total Assets
=0/328.591
=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.


WG Wearne  (JSE:WEA) 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.


WG Wearne Goodwill-to-Asset Related Terms

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WG Wearne (JSE:WEA) Business Description

Traded in Other Exchanges
N/A
Address
300 Acacia Road, Stonemill Office Park, P.O Box 1674, 3 Kiepersol House, Cresta, ZAF, 2118
WG Wearne Ltd is a supplier of materials and contracting services to the building and construction industry with a complete building material solution. The company is involved in various big construction projects such as the construction of Rand Afrikaans University, the Western Bypass, the Lesotho Highlands Water Scheme, Soccer City and FNB in Fairlands Johannesburg. It operates across South Africa with concentrated operations in Limpopo and Gauteng provinces. its products include sub base materials, concrete stone, road stone, dump rock, ballast stone, crusher sand, building sand, builders mix, plaster sand, generic concrete range, Wearne specialty concrete, high-performance concrete, base course materials and sub base materials.