RTNB (root9B Holdings) Goodwill-to-Asset: 0.14 (As of Mar. 2017)

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What is root9B Holdings Goodwill-to-Asset?

root9B Holdings RTNB Goodwill-to-Asset is 0.14 as of Mar. 2017.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. root9B Holdings's Goodwill for the quarter that ended in Mar. 2017 was $2.31 Mil. root9B Holdings's Total Assets for the quarter that ended in Mar. 2017 was $16.84 Mil. Therefore, root9B Holdings's Goodwill to Asset Ratio for the quarter that ended in Mar. 2017 was 0.14.


root9B Holdings  (OTCPK:RTNB) 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.


root9B Holdings Goodwill-to-Asset Related Terms


root9B Holdings Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for root9B 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.

root9B Holdings Goodwill-to-Asset Chart

root9B Holdings Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.57 0.44 0.37 0.14 0.12

root9B Holdings Quarterly Data
Jun12 Sep12 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 Premium Member Only Premium Member Only 0.44 0.45 0.44 0.12 0.14

RTNB vs SYSX: Goodwill-to-Asset Comparison

For the Information Technology Services subindustry, root9B 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.


root9B Holdings Goodwill-to-Asset vs Software Industry

For the Software industry and Technology sector, root9B Holdings's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where root9B Holdings's Goodwill-to-Asset falls into.



root9B 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.

root9B 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
=2.308/19.739
=0.12

root9B 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
=2.308/16.841
=0.14

* 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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.14 mean?
root9B Holdings (RTNB) has a Goodwill-to-Asset of 0.14 as of Mar. 2017. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on root9B Holdings and its competitors.
Is root9B Holdings' Goodwill-to-Asset too high?
root9B Holdings' current Goodwill-to-Asset is 0.14.
How does root9B Holdings' Goodwill-to-Asset compare to SYSX?
root9B Holdings' Goodwill-to-Asset of 0.14 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Goodwill-to-Asset for a Software company?
A good Goodwill-to-Asset depends on the Software industry context. However, Goodwill-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on root9B Holdings and its competitors. root9B Holdings's current Goodwill-to-Asset is 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is root9B Holdings stock overvalued right now?
root9B Holdings (RTNB) has a current Goodwill-to-Asset of 0.14. The current Goodwill-to-Asset is 0.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For root9B Holdings (RTNB), the current Goodwill-to-Asset is 0.14 as of Mar. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

root9B Holdings Business Description

Address 206 East Virginia Avenue, Phoenix, AZ, USA, 85004
root9B Holdings Inc is a provider of cybersecurity and business advisory services in regulatory risk mitigation. It designs and provides cybersecurity operations and solutions, risk mitigation services, compilation with complex regulations, and leverageable and integrated technology. The company provides its services through Cyber Solutions and Business Advisory Solutions segments. Cyber Solutions segment provides cyber operations assessments, analysis, and testing, to cyber training, forensics, exploitation, and strategic defense planning. It earns all its revenue from both of its segments.