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Poseidon Concepts (Poseidon Concepts) Goodwill-to-Asset : 0.00 (As of Sep. 2012)


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What is Poseidon Concepts Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Poseidon Concepts's Goodwill for the quarter that ended in Sep. 2012 was $0.0 Mil. Poseidon Concepts's Total Assets for the quarter that ended in Sep. 2012 was $206.3 Mil. Therefore, Poseidon Concepts's Goodwill to Asset Ratio for the quarter that ended in Sep. 2012 was 0.00.


Poseidon Concepts Goodwill-to-Asset Historical Data

The historical data trend for Poseidon Concepts'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.

Poseidon Concepts Goodwill-to-Asset Chart

Poseidon Concepts Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Goodwill-to-Asset
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Poseidon Concepts Quarterly Data
Dec06 Dec07 Dec08 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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Competitive Comparison of Poseidon Concepts's Goodwill-to-Asset

For the Oil & Gas Equipment & Services subindustry, Poseidon Concepts'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.


Poseidon Concepts's Goodwill-to-Asset Distribution in the Oil & Gas Industry

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

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



Poseidon Concepts 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.

Poseidon Concepts's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2011 is calculated as

Goodwill to Asset (A: Dec. 2011 )=Goodwill/Total Assets
=0/100.522
=0.00

Poseidon Concepts's Goodwill to Asset Ratio for the quarter that ended in Sep. 2012 is calculated as

Goodwill to Asset (Q: Sep. 2012 )=Goodwill/Total Assets
=0/206.257
=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.


Poseidon Concepts  (GREY:POOSF) 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.


Poseidon Concepts Goodwill-to-Asset Related Terms

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Poseidon Concepts (Poseidon Concepts) Business Description

Traded in Other Exchanges
N/A
Address
645 - 7th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 4G8
Poseidon Concepts Corp is a customer-focused provider of safe fluid handling solutions to the oil and natural gas sector across North America.

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