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SNSGF (Sense Technologies) Goodwill-to-Asset : 0.54 (As of Nov. 2016)


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What is Sense Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Sense Technologies's Goodwill for the quarter that ended in Nov. 2016 was $5.47 Mil. Sense Technologies's Total Assets for the quarter that ended in Nov. 2016 was $10.08 Mil. Therefore, Sense Technologies's Goodwill to Asset Ratio for the quarter that ended in Nov. 2016 was 0.54.


Sense Technologies Goodwill-to-Asset Historical Data

The historical data trend for Sense Technologies'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.

Sense Technologies Goodwill-to-Asset Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 - - - - 0.54

Competitive Comparison of Sense Technologies's Goodwill-to-Asset

For the Auto Parts subindustry, Sense Technologies'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.


Sense Technologies's Goodwill-to-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's Goodwill-to-Asset distribution charts can be found below:

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



Sense Technologies 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.

Sense Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Feb. 2016 is calculated as

Goodwill to Asset (A: Feb. 2016 )=Goodwill/Total Assets
=0/0.052
=0.00

Sense Technologies's Goodwill to Asset Ratio for the quarter that ended in Nov. 2016 is calculated as

Goodwill to Asset (Q: Nov. 2016 )=Goodwill/Total Assets
=5.47/10.08
=0.54

* 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.


Sense Technologies  (OTCPK:SNSGF) 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.


Sense Technologies Goodwill-to-Asset Related Terms

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Sense Technologies Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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