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Universal Solar Technology (Universal Solar Technology) Goodwill-to-Asset : 0.00 (As of Jun. 2020)


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What is Universal Solar Technology Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Universal Solar Technology's Goodwill for the quarter that ended in Jun. 2020 was $0.00 Mil. Universal Solar Technology's Total Assets for the quarter that ended in Jun. 2020 was $0.01 Mil.


Universal Solar Technology Goodwill-to-Asset Historical Data

The historical data trend for Universal Solar Technology'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.

Universal Solar Technology Goodwill-to-Asset Chart

Universal Solar Technology Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec18 Dec19 Dec20
Goodwill-to-Asset
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Universal Solar Technology Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec18 Dec19 Mar20 Jun20 Dec20
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Competitive Comparison of Universal Solar Technology's Goodwill-to-Asset

For the Solar subindustry, Universal Solar Technology'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.


Universal Solar Technology's Goodwill-to-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Universal Solar Technology's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Universal Solar Technology's Goodwill-to-Asset falls into.



Universal Solar Technology 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.

Universal Solar Technology's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

Goodwill to Asset (A: Dec. 2020 )=Goodwill/Total Assets
=0/0.067
=

Universal Solar Technology's Goodwill to Asset Ratio for the quarter that ended in Jun. 2020 is calculated as

Goodwill to Asset (Q: Jun. 2020 )=Goodwill/Total Assets
=0/0.008
=

* 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.


Universal Solar Technology  (OTCPK:UNSS) 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.


Universal Solar Technology Goodwill-to-Asset Related Terms

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Universal Solar Technology (Universal Solar Technology) Business Description

Traded in Other Exchanges
N/A
Address
350 North Sam Houston Parkway East, Suite 102, Houston, TX, USA, 77060
Universal Solar Technology Inc is currently pursuing opportunities in renewable energy, specifically solar and wind. The company also plans the installation of a closed loop waste to energy technology with a global consequential impact.