GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New World China Land Ltd (OTCPK:NWRDY) » Definitions » Goodwill-to-Asset

New World China Land (New World China Land) Goodwill-to-Asset : 0.00 (As of Dec. 2015)


View and export this data going back to 2014. Start your Free Trial

What is New World China Land Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. New World China Land's Goodwill for the quarter that ended in Dec. 2015 was $0.00 Mil. New World China Land's Total Assets for the quarter that ended in Dec. 2015 was $18,162.65 Mil. Therefore, New World China Land's Goodwill to Asset Ratio for the quarter that ended in Dec. 2015 was 0.00.


New World China Land Goodwill-to-Asset Historical Data

The historical data trend for New World China Land'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.

New World China Land Goodwill-to-Asset Chart

New World China Land Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 0.01 0.01 -

New World China Land Semi-Annual Data
Jun04 Jun05 Jun06 Jun07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 - 0.01 - - -

Competitive Comparison of New World China Land's Goodwill-to-Asset

For the Real Estate - Development subindustry, New World China Land'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.


New World China Land's Goodwill-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, New World China Land's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where New World China Land's Goodwill-to-Asset falls into.



New World China Land 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.

New World China Land's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Goodwill to Asset (A: Jun. 2015 )=Goodwill/Total Assets
=30.438/17339.225
=0.00

New World China Land's Goodwill to Asset Ratio for the quarter that ended in Dec. 2015 is calculated as

Goodwill to Asset (Q: Dec. 2015 )=Goodwill/Total Assets
=0/18162.651
=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.


New World China Land  (OTCPK:NWRDY) 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.


New World China Land Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of New World China Land's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


New World China Land (New World China Land) Business Description

Traded in Other Exchanges
N/A
Address
New World China Land Ltd is a real estate company. It develops and invests in properties and real estate in China. The firm's projects include residential communities, serviced apartments, villas, offices, shopping centers, mixed-use comprehensive buildings, hotels, and resorts. It derives the majority of its revenues from proceeds from the sale of properties. The company's majority of assets and operation are located in China.

New World China Land (New World China Land) Headlines

No Headlines