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Southridge Enterprises (Southridge Enterprises) Goodwill-to-Asset : 0.00 (As of May. 2008)


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What is Southridge Enterprises Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Southridge Enterprises's Goodwill for the quarter that ended in May. 2008 was $0.00 Mil. Southridge Enterprises's Total Assets for the quarter that ended in May. 2008 was $9.44 Mil. Therefore, Southridge Enterprises's Goodwill to Asset Ratio for the quarter that ended in May. 2008 was 0.00.


Southridge Enterprises Goodwill-to-Asset Historical Data

The historical data trend for Southridge 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.

* Premium members only.

Southridge Enterprises Goodwill-to-Asset Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Goodwill-to-Asset
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Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
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Competitive Comparison of Southridge Enterprises's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Southridge 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.


Southridge Enterprises's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southridge Enterprises's Goodwill-to-Asset distribution charts can be found below:

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



Southridge 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.

Southridge Enterprises's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2007 is calculated as

Goodwill to Asset (A: Aug. 2007 )=Goodwill/Total Assets
=0/0.008
=

Southridge Enterprises's Goodwill to Asset Ratio for the quarter that ended in May. 2008 is calculated as

Goodwill to Asset (Q: May. 2008 )=Goodwill/Total Assets
=0/9.44
=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.


Southridge Enterprises  (GREY:SRGE) 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.


Southridge Enterprises Goodwill-to-Asset Related Terms

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Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

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