SCST (Suncast Solar Energy) Goodwill-to-Asset: 0.00 (As of Dec. 2008)

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What is Suncast Solar Energy Goodwill-to-Asset?

Suncast Solar Energy SCST Goodwill-to-Asset is 0.00 as of Dec. 2008.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Suncast Solar Energy's Goodwill for the quarter that ended in Dec. 2008 was $0.00 Mil. Suncast Solar Energy's Total Assets for the quarter that ended in Dec. 2008 was $0.85 Mil. Therefore, Suncast Solar Energy's Goodwill to Asset Ratio for the quarter that ended in Dec. 2008 was 0.00.


Suncast Solar Energy  (OTCPK:SCST) 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.


Suncast Solar Energy Goodwill-to-Asset Related Terms


Suncast Solar Energy Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Suncast Solar Energy'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.

Suncast Solar Energy Goodwill-to-Asset Chart

Suncast Solar Energy Annual Data
Trend Jun99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Suncast Solar Energy Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 0.00 0.00 0.00 0.00 0.00

SCST vs ECEZ, CESX, ALAN: Goodwill-to-Asset Comparison

For the Waste Management subindustry, Suncast Solar Energy'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.


Suncast Solar Energy Goodwill-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Suncast Solar Energy's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Suncast Solar Energy's Goodwill-to-Asset falls into.



Suncast Solar Energy 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.

Suncast Solar Energy's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2008 is calculated as

Goodwill to Asset (A: Dec. 2008 )=Goodwill/Total Assets
=0/0.847
=0.00

Suncast Solar Energy's Goodwill to Asset Ratio for the quarter that ended in Dec. 2008 is calculated as

Goodwill to Asset (Q: Dec. 2008 )=Goodwill/Total Assets
=0/0.847
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Suncast Solar Energy (SCST) has a Goodwill-to-Asset of 0.00 as of Dec. 2008. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Suncast Solar Energy and its competitors.
Is Suncast Solar Energy's Goodwill-to-Asset too high?
Suncast Solar Energy's current Goodwill-to-Asset is 0.00.
How does Suncast Solar Energy's Goodwill-to-Asset compare to ECEZ and CESX?
Suncast Solar Energy's Goodwill-to-Asset of 0.00 can be compared against companies in the Waste Management 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 Waste Management company?
A good Goodwill-to-Asset depends on the Waste Management 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 Suncast Solar Energy and its competitors. Suncast Solar Energy's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Suncast Solar Energy stock overvalued right now?
Suncast Solar Energy (SCST) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 Suncast Solar Energy (SCST), the current Goodwill-to-Asset is 0.00 as of Dec. 2008. 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.

Suncast Solar Energy Business Description

Address 1550 Larimer Street, 306, Denver, CO, USA, 80202
Suncast Solar Energy Inc provides environmental testing and other services within the United States.