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POLJF (Polo Resources) Goodwill-to-Asset : 0.00 (As of Dec. 2019)


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What is Polo Resources Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Polo Resources's Goodwill for the quarter that ended in Dec. 2019 was $0.00 Mil. Polo Resources's Total Assets for the quarter that ended in Dec. 2019 was $55.17 Mil. Therefore, Polo Resources's Goodwill to Asset Ratio for the quarter that ended in Dec. 2019 was 0.00.


Polo Resources Goodwill-to-Asset Historical Data

The historical data trend for Polo Resources'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.

Polo Resources Goodwill-to-Asset Chart

Polo Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Goodwill-to-Asset
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Polo Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Polo Resources's Goodwill-to-Asset

For the Asset Management subindustry, Polo Resources'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.


Polo Resources's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polo Resources's Goodwill-to-Asset distribution charts can be found below:

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



Polo Resources 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.

Polo Resources's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2019 is calculated as

Goodwill to Asset (A: Jun. 2019 )=Goodwill/Total Assets
=0/60.462
=0.00

Polo Resources's Goodwill to Asset Ratio for the quarter that ended in Dec. 2019 is calculated as

Goodwill to Asset (Q: Dec. 2019 )=Goodwill/Total Assets
=0/55.174
=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.


Polo Resources  (GREY:POLJF) 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.


Polo Resources Goodwill-to-Asset Related Terms

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Polo Resources Business Description

Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, Tortola, Road Town, VIR, 1110
Polo Resources Ltd is a natural resources investment company focused on investing in undervalued companies and projects with strong fundamentals and attractive growth prospects. Polo aims to build a diversified portfolio of mineral and hydrocarbon assets as offering substantial growth potential, pursuing both short and long-term value-enhancing investments. It invests in natural resources globally and across sectors in Asia Pacific.

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