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Functional Technologies (TSXV:FEB.H) Goodwill-to-Asset : 0.00 (As of Aug. 2012)


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What is Functional Technologies Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Functional Technologies's Goodwill for the quarter that ended in Aug. 2012 was C$0.00 Mil. Functional Technologies's Total Assets for the quarter that ended in Aug. 2012 was C$2.73 Mil. Therefore, Functional Technologies's Goodwill to Asset Ratio for the quarter that ended in Aug. 2012 was 0.00.


Functional Technologies Goodwill-to-Asset Historical Data

The historical data trend for Functional 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.

Functional Technologies Goodwill-to-Asset Chart

Functional Technologies Annual Data
Trend Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
Goodwill-to-Asset
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Functional Technologies Semi-Annual Data
Aug01 Aug02 Aug03 Aug04 Aug05 Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12
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Competitive Comparison of Functional Technologies's Goodwill-to-Asset

For the Biotechnology subindustry, Functional 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.


Functional Technologies's Goodwill-to-Asset Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Functional Technologies's Goodwill-to-Asset distribution charts can be found below:

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



Functional 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.

Functional Technologies's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2012 is calculated as

Goodwill to Asset (A: Aug. 2012 )=Goodwill/Total Assets
=0/2.733
=0.00

Functional Technologies's Goodwill to Asset Ratio for the quarter that ended in Aug. 2012 is calculated as

Goodwill to Asset (Q: Aug. 2012 )=Goodwill/Total Assets
=0/2.733
=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.


Functional Technologies  (TSXV:FEB.H) 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.


Functional Technologies Goodwill-to-Asset Related Terms

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Functional Technologies (TSXV:FEB.H) Business Description

Traded in Other Exchanges
N/A
Address
Functional Technologies Corp is incorporated under the corporate laws of British Columbia, Canada on October 18, 1999. The Company is a functional foods and biological health products company that is developing and commercializing advanced yeast products and other novel biological products for the food and health care industry. The company develops and commercializes proprietary, advanced yeast-based solutions to significant challenges in the food, beverage and healthcare industries, for which viable solutions are lacking. The Company's platform technologies improve the performance of innate yeast functions to primarily prevent the formation of naturally occurring toxins and contaminants that either affect final product quality or are classified by various global agencies as dangerous substances (e.g. carcinogens, neurotoxicants or reproductive toxicants). The Company operates in three geographic regions: Canada, Europe and the United States.

Functional Technologies (TSXV:FEB.H) Headlines

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