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Mondial Ventures (Mondial Ventures) Goodwill-to-Asset : 0.00 (As of Sep. 2014)


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What is Mondial Ventures Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Mondial Ventures's Goodwill for the quarter that ended in Sep. 2014 was $0.00 Mil. Mondial Ventures's Total Assets for the quarter that ended in Sep. 2014 was $1.10 Mil. Therefore, Mondial Ventures's Goodwill to Asset Ratio for the quarter that ended in Sep. 2014 was 0.00.


Mondial Ventures Goodwill-to-Asset Historical Data

The historical data trend for Mondial Ventures'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.

Mondial Ventures Goodwill-to-Asset Chart

Mondial Ventures Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.96 0.94 - -

Mondial Ventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Mondial Ventures's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Mondial Ventures'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.


Mondial Ventures's Goodwill-to-Asset Distribution in the Oil & Gas Industry

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

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



Mondial Ventures 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.

Mondial Ventures'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
=0/0.845
=0.00

Mondial Ventures's Goodwill to Asset Ratio for the quarter that ended in Sep. 2014 is calculated as

Goodwill to Asset (Q: Sep. 2014 )=Goodwill/Total Assets
=0/1.102
=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.


Mondial Ventures  (OTCPK:MNVN) 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.


Mondial Ventures Goodwill-to-Asset Related Terms

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Mondial Ventures (Mondial Ventures) Business Description

Traded in Other Exchanges
N/A
Address
6564 Smoke Tree Lane, Scottsdale, AZ, USA, 85253
Mondial Ventures Inc is active in the energy sector. It is an independent oil and gas company, engaged in the exploration, development, and exploitation of crude oil and natural gas properties primarily in the United States. It holds interests in the J.B. Tubb Leasehold Estate/Amoco Crawar field comprising three well heads and three wellbores. It also has its facilities in Ward County, Texas.

Mondial Ventures (Mondial Ventures) Headlines