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African Minerals (LSE:AMI) Goodwill-to-Asset : 0.00 (As of Jun. 2014)


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What is African Minerals Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. African Minerals's Goodwill for the quarter that ended in Jun. 2014 was £0.0 Mil. African Minerals's Total Assets for the quarter that ended in Jun. 2014 was £1,863.2 Mil. Therefore, African Minerals's Goodwill to Asset Ratio for the quarter that ended in Jun. 2014 was 0.00.


African Minerals Goodwill-to-Asset Historical Data

The historical data trend for African Minerals'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.

African Minerals Goodwill-to-Asset Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Goodwill-to-Asset
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African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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Competitive Comparison of African Minerals's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, African Minerals'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.


African Minerals's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, African Minerals's Goodwill-to-Asset distribution charts can be found below:

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



African Minerals 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.

African Minerals'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
=0/1973.167
=0.00

African Minerals'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
=0/1863.187
=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.


African Minerals  (LSE:AMI) 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.


African Minerals Goodwill-to-Asset Related Terms

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African Minerals (LSE:AMI) Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

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