TRITF (Tri-Tech Holding) Goodwill-to-Asset: 0.01 (As of Dec. 2014)

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What is Tri-Tech Holding Goodwill-to-Asset?

Tri-Tech Holding TRITF -90.00% Goodwill-to-Asset is 0.01 as of Dec. 2014.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Tri-Tech Holding's Goodwill for the quarter that ended in Dec. 2014 was $0.55 Mil. Tri-Tech Holding's Total Assets for the quarter that ended in Dec. 2014 was $107.08 Mil.


Tri-Tech Holding  (OTCPK:TRITF) 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.


Tri-Tech Holding Goodwill-to-Asset Related Terms


Tri-Tech Holding Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Tri-Tech Holding'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.

Tri-Tech Holding Goodwill-to-Asset Chart

Tri-Tech Holding Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

Tri-Tech Holding Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14
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 0.01 0.01 0.01 0.01 0.01

TRITF vs AWX, IDSA, EXPL: Goodwill-to-Asset Comparison

For the Waste Management subindustry, Tri-Tech Holding'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.


Tri-Tech Holding Goodwill-to-Asset vs Waste Management Industry

For the Waste Management industry and Industrials sector, Tri-Tech Holding's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Tri-Tech Holding's Goodwill-to-Asset falls into.



Tri-Tech Holding 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.

Tri-Tech Holding's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill to Asset (A: Dec. 2014 )=Goodwill/Total Assets
=0.549/107.079
=0.01

Tri-Tech Holding's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=0.549/107.079
=

* 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 0.01 mean?
Tri-Tech Holding (TRITF) has a Goodwill-to-Asset of 0.01 as of Dec. 2014. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Tri-Tech Holding and its competitors.
Is Tri-Tech Holding's Goodwill-to-Asset too high?
Tri-Tech Holding's current Goodwill-to-Asset is 0.01.
How does Tri-Tech Holding's Goodwill-to-Asset compare to AWX and IDSA?
Tri-Tech Holding's Goodwill-to-Asset of 0.01 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 Tri-Tech Holding and its competitors. Tri-Tech Holding's current Goodwill-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Tech Holding stock overvalued right now?
Tri-Tech Holding (TRITF) has a current Goodwill-to-Asset of 0.01. The current Goodwill-to-Asset is 0.01. 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 Tri-Tech Holding (TRITF), the current Goodwill-to-Asset is 0.01 as of Dec. 2014. 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.

Tri-Tech Holding Business Description

Address No.101 Jingshun Road, Floor 16, Tower B, Renji Plaza, Chaoyang District, Beijing, CHN, 100102
Tri-Tech Holding Inc provides consulting, engineering, procurement, construction, and technical services. It operates through the Water, Wastewater Treatment, and Municipal Infrastructure; and Industrial Pollution Control and Safety segments. The Water, Wastewater Treatment, and Municipal Infrastructure segment focus on the municipal water supply and distribution, wastewater treatment, and gray water recycling. The Industrial Pollution Control and Safety segment comprises of activities such as zero liquid discharge, multi-effect evaporation, multi-flash evaporation, as well as emissions control. The company serves the government, state-owned entities, and commercial clients. It has business presence across China, India, Middle East and the United States.