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National Waste Management Holdings (National Waste Management Holdings) Goodwill-to-Asset : 0.22 (As of Mar. 2017)


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What is National Waste Management Holdings Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. National Waste Management Holdings's Goodwill for the quarter that ended in Mar. 2017 was $2.32 Mil. National Waste Management Holdings's Total Assets for the quarter that ended in Mar. 2017 was $10.50 Mil. Therefore, National Waste Management Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2017 was 0.22.


National Waste Management Holdings Goodwill-to-Asset Historical Data

The historical data trend for National Waste Management Holdings'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.

National Waste Management Holdings Goodwill-to-Asset Chart

National Waste Management Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16
Goodwill-to-Asset
- - - 0.21 0.23

National Waste Management Holdings Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 0.22 0.22 0.23 0.23 0.22

Competitive Comparison of National Waste Management Holdings's Goodwill-to-Asset

For the Waste Management subindustry, National Waste Management Holdings'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.


National Waste Management Holdings's Goodwill-to-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, National Waste Management Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where National Waste Management Holdings's Goodwill-to-Asset falls into.



National Waste Management Holdings 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.

National Waste Management Holdings's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2016 is calculated as

Goodwill to Asset (A: Dec. 2016 )=Goodwill/Total Assets
=2.32/10.324
=0.22

National Waste Management Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2017 is calculated as

Goodwill to Asset (Q: Mar. 2017 )=Goodwill/Total Assets
=2.32/10.497
=0.22

* 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.


National Waste Management Holdings  (OTCPK:NWMH) 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.


National Waste Management Holdings Goodwill-to-Asset Related Terms

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National Waste Management Holdings (National Waste Management Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5920 North Florida Avenue, Hernando, FL, USA, 34442
National Waste Management Holdings Inc is a solid waste management company. Its service offerings include construction and demolition landfill services, transfer station services, as well as roll-off dumpster services and mulch products for sale, including topsoil. It primarily serves municipal, institutional, commercial and industrial customers.

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