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Location Based Technologies (Location Based Technologies) Goodwill-to-Asset : 0.00 (As of May. 2015)


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What is Location Based Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Location Based Technologies's Goodwill for the quarter that ended in May. 2015 was $0.00 Mil. Location Based Technologies's Total Assets for the quarter that ended in May. 2015 was $2.11 Mil. Therefore, Location Based Technologies's Goodwill to Asset Ratio for the quarter that ended in May. 2015 was 0.00.


Location Based Technologies Goodwill-to-Asset Historical Data

The historical data trend for Location Based Technologies'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.

Location Based Technologies Goodwill-to-Asset Chart

Location Based Technologies Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14
Goodwill-to-Asset
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Location Based Technologies Quarterly Data
Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15
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Competitive Comparison of Location Based Technologies's Goodwill-to-Asset

For the Scientific & Technical Instruments subindustry, Location Based Technologies'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.


Location Based Technologies's Goodwill-to-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Location Based Technologies's Goodwill-to-Asset distribution charts can be found below:

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



Location Based Technologies 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.

Location Based Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2014 is calculated as

Goodwill to Asset (A: Aug. 2014 )=Goodwill/Total Assets
=0/2.326
=0.00

Location Based Technologies's Goodwill to Asset Ratio for the quarter that ended in May. 2015 is calculated as

Goodwill to Asset (Q: May. 2015 )=Goodwill/Total Assets
=0/2.107
=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.


Location Based Technologies  (OTCPK:LBAS) 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.


Location Based Technologies Goodwill-to-Asset Related Terms

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Location Based Technologies (Location Based Technologies) Business Description

Traded in Other Exchanges
N/A
Address
7545 Irvine Center Drive, Suite 200, Irvine, CA, USA, 92618
Location Based Technologies Inc is engaged in supplying fleet trackers, a small, affordable, fully sealed vehicle tracking system (combined GPS, wireless, and WiFi technology) designed to track and display vehicles and other mobile assets on the go. It is designed to be quickly installed and features easy-to-use user interfaces, including browser and apps. Its product offering includes PocketFinder. The company generates revenue from Device Sales and Services.

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