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Texhoma Energy (Texhoma Energy) Goodwill-to-Asset : 0.00 (As of Jun. 2008)


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What is Texhoma Energy Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Texhoma Energy's Goodwill for the quarter that ended in Jun. 2008 was $0.00 Mil. Texhoma Energy's Total Assets for the quarter that ended in Jun. 2008 was $4.73 Mil. Therefore, Texhoma Energy's Goodwill to Asset Ratio for the quarter that ended in Jun. 2008 was 0.00.


Texhoma Energy Goodwill-to-Asset Historical Data

The historical data trend for Texhoma Energy'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.

Texhoma Energy Goodwill-to-Asset Chart

Texhoma Energy Annual Data
Trend Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
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Texhoma Energy Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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Competitive Comparison of Texhoma Energy's Goodwill-to-Asset

For the Oil & Gas E&P subindustry, Texhoma Energy'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.


Texhoma Energy's Goodwill-to-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Texhoma Energy's Goodwill-to-Asset distribution charts can be found below:

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



Texhoma Energy 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.

Texhoma Energy's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2007 is calculated as

Goodwill to Asset (A: Sep. 2007 )=Goodwill/Total Assets
=0/5.87
=0.00

Texhoma Energy's Goodwill to Asset Ratio for the quarter that ended in Jun. 2008 is calculated as

Goodwill to Asset (Q: Jun. 2008 )=Goodwill/Total Assets
=0/4.727
=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.


Texhoma Energy  (GREY:TXHE) 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.


Texhoma Energy Goodwill-to-Asset Related Terms

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Texhoma Energy (Texhoma Energy) Business Description

Traded in Other Exchanges
N/A
Address
24624 I-45 North, Suite 200, Spring, TX, USA, 77386
Texhoma Energy Inc is an oil and gas company. It is primarily engaged in the acquisition, exploration, and development of crude oil and natural gas properties. The company holds interests in approximately five oil wells located on the Shooter 916 lease located in Ochiltree County, Texas. It also holds interests in the Tonto North 390 B No. 3 well located in Scurry County, Texas. The firm has various non-operated working interests in approximately eight wells located in Gregg and Upshur Counties, Texas.

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