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PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Goodwill-to-Asset : 0.00 (As of Dec. 2009)


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What is PPJ Healthcare Enterprises Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. PPJ Healthcare Enterprises's Goodwill for the quarter that ended in Dec. 2009 was $0.00 Mil. PPJ Healthcare Enterprises's Total Assets for the quarter that ended in Dec. 2009 was $5.44 Mil. Therefore, PPJ Healthcare Enterprises's Goodwill to Asset Ratio for the quarter that ended in Dec. 2009 was 0.00.


PPJ Healthcare Enterprises Goodwill-to-Asset Historical Data

The historical data trend for PPJ Healthcare Enterprises'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.

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PPJ Healthcare Enterprises Goodwill-to-Asset Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
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PPJ Healthcare Enterprises Semi-Annual Data
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Competitive Comparison of PPJ Healthcare Enterprises's Goodwill-to-Asset

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.


PPJ Healthcare Enterprises's Goodwill-to-Asset Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where PPJ Healthcare Enterprises's Goodwill-to-Asset falls into.



PPJ Healthcare Enterprises 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.

PPJ Healthcare Enterprises's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2009 is calculated as

Goodwill to Asset (A: Dec. 2009 )=Goodwill/Total Assets
=0/5.443
=0.00

PPJ Healthcare Enterprises's Goodwill to Asset Ratio for the quarter that ended in Dec. 2009 is calculated as

Goodwill to Asset (Q: Dec. 2009 )=Goodwill/Total Assets
=0/5.443
=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.


PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.


PPJ Healthcare Enterprises Goodwill-to-Asset Related Terms

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PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.