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Safetek International (Safetek International) Goodwill-to-Asset : 0.00 (As of Sep. 2006)


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What is Safetek International Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Safetek International's Goodwill for the quarter that ended in Sep. 2006 was $0.00 Mil. Safetek International's Total Assets for the quarter that ended in Sep. 2006 was $0.30 Mil.


Safetek International Goodwill-to-Asset Historical Data

The historical data trend for Safetek International'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.

Safetek International Goodwill-to-Asset Chart

Safetek International Annual Data
Trend Dec03 Dec04 Dec05
Goodwill-to-Asset
- - -

Safetek International Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Safetek International's Goodwill-to-Asset

For the Shell Companies subindustry, Safetek International'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.


Safetek International's Goodwill-to-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Safetek International's Goodwill-to-Asset distribution charts can be found below:

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



Safetek International 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.

Safetek International's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Goodwill to Asset (A: Dec. 2005 )=Goodwill/Total Assets
=0/0.595
=

Safetek International's Goodwill to Asset Ratio for the quarter that ended in Sep. 2006 is calculated as

Goodwill to Asset (Q: Sep. 2006 )=Goodwill/Total Assets
=0/0.297
=

* 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.


Safetek International  (OTCPK:SFIN) 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.


Safetek International Goodwill-to-Asset Related Terms

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Safetek International (Safetek International) Business Description

Traded in Other Exchanges
N/A
Address
20 Chapel Street, Brentwood B, Liverpool, GBR, L39AG
Safetek International Inc currently has no operations. Previously, it was engaged in manufacturing prototypes and distributing the final product on behalf of technology developers.

Safetek International (Safetek International) Headlines

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