Alternative Energy (LSE:ALR) Goodwill-to-Asset: 0.03 (As of Jun. 2014)

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What is Alternative Energy Goodwill-to-Asset?

Alternative Energy LSE:ALR Goodwill-to-Asset is 0.03 as of Jun. 2014. The stock has 4 warning signs investors should review.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Alternative Energy's Goodwill for the quarter that ended in Jun. 2014 was £0.27 Mil. Alternative Energy's Total Assets for the quarter that ended in Jun. 2014 was £10.73 Mil. Therefore, Alternative Energy's Goodwill to Asset Ratio for the quarter that ended in Jun. 2014 was 0.03.


Alternative Energy  (LSE:ALR) 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.


Alternative Energy Goodwill-to-Asset Related Terms


Alternative Energy Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Alternative Energy'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.

Alternative Energy Goodwill-to-Asset Chart

Alternative Energy Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Dec13
Goodwill-to-Asset
Get a 7-Day Free Trial 0.00 0.00 0.03 0.02 0.02

Alternative Energy Semi-Annual Data
Feb10 Aug10 Feb11 Aug11 Feb12 Aug12 Jun13 Dec13 Jun14
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.03 0.02 0.02 0.02 0.03

Alternative Energy Goodwill-to-Asset Competitor Comparison

For the Utilities - Independent Power Producers subindustry, Alternative Energy'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.


Alternative Energy Goodwill-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternative Energy's Goodwill-to-Asset distribution charts can be found below:

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



Alternative Energy 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.

Alternative Energy's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2013 is calculated as

Goodwill to Asset (A: Dec. 2013 )=Goodwill/Total Assets
=0.281/11.5
=0.02

Alternative Energy's Goodwill to Asset Ratio for the quarter that ended in Jun. 2014 is calculated as

Goodwill to Asset (Q: Jun. 2014 )=Goodwill/Total Assets
=0.272/10.727
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.03 mean?
Alternative Energy (LSE:ALR) has a Goodwill-to-Asset of 0.03 as of Jun. 2014. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Alternative Energy and its competitors.
Is Alternative Energy's Goodwill-to-Asset too high?
Alternative Energy's current Goodwill-to-Asset is 0.03.
How does Alternative Energy's Goodwill-to-Asset compare to competitors?
Alternative Energy's Goodwill-to-Asset of 0.03 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Goodwill-to-Asset depends on the Utilities - Independent Power Producers 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 Alternative Energy and its competitors. Alternative Energy's current Goodwill-to-Asset is 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alternative Energy stock overvalued right now?
Alternative Energy (LSE:ALR) has a current Goodwill-to-Asset of 0.03. The current Goodwill-to-Asset is 0.03. 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 Alternative Energy (LSE:ALR), the current Goodwill-to-Asset is 0.03 as of Jun. 2014. 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.

Alternative Energy Business Description

Alternative Energy Ltd provides technology, hardware and equipment for renewable energy and green energy solutions. Its solutions include Renewable Energy, The E-Roof - The PC of Energy, and AEL Energy Saving products such as eLIVE and eLUMEN. It also makes acquisitions to develop energy technologies, business and companies which offer an alternative to conventional fossil fuel and nuclear methods of generating household and industrial energy, as well as providing management services to its subsidiaries.