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TreeCon Resources (TreeCon Resources) Goodwill-to-Asset : 0.00 (As of Jun. 2004)


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What is TreeCon Resources Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. TreeCon Resources's Goodwill for the quarter that ended in Jun. 2004 was $0.00 Mil. TreeCon Resources's Total Assets for the quarter that ended in Jun. 2004 was $27.00 Mil. Therefore, TreeCon Resources's Goodwill to Asset Ratio for the quarter that ended in Jun. 2004 was 0.00.


TreeCon Resources Goodwill-to-Asset Historical Data

The historical data trend for TreeCon Resources'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.

TreeCon Resources Goodwill-to-Asset Chart

TreeCon Resources Annual Data
Trend Sep94 Sep95 Sep96 Sep97 Sep98 Sep99 Sep00 Sep01 Sep02 Sep03
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.06 - -

TreeCon Resources Quarterly Data
Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04
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 - - - - -

Competitive Comparison of TreeCon Resources's Goodwill-to-Asset

For the Lumber & Wood Production subindustry, TreeCon Resources'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.


TreeCon Resources's Goodwill-to-Asset Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, TreeCon Resources's Goodwill-to-Asset distribution charts can be found below:

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



TreeCon Resources 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.

TreeCon Resources's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2003 is calculated as

Goodwill to Asset (A: Sep. 2003 )=Goodwill/Total Assets
=0/28.555
=0.00

TreeCon Resources's Goodwill to Asset Ratio for the quarter that ended in Jun. 2004 is calculated as

Goodwill to Asset (Q: Jun. 2004 )=Goodwill/Total Assets
=0/26.998
=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.


TreeCon Resources  (OTCPK:TCOR) 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.


TreeCon Resources Goodwill-to-Asset Related Terms

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TreeCon Resources (TreeCon Resources) Business Description

Traded in Other Exchanges
N/A
Address
6004 S First Street, Lufkin, TX, USA, 75901
TreeCon Resources Inc is a holding company. The company holds a portfolio of companies engaged in lumber production.

TreeCon Resources (TreeCon Resources) Headlines

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