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Windflow Technology (Windflow Technology) Goodwill-to-Asset : 0.00 (As of Dec. 2017)


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What is Windflow Technology Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Windflow Technology's Goodwill for the quarter that ended in Dec. 2017 was $0.00 Mil. Windflow Technology's Total Assets for the quarter that ended in Dec. 2017 was $3.10 Mil. Therefore, Windflow Technology's Goodwill to Asset Ratio for the quarter that ended in Dec. 2017 was 0.00.


Windflow Technology Goodwill-to-Asset Historical Data

The historical data trend for Windflow 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.

Windflow Technology Goodwill-to-Asset Chart

Windflow Technology Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Goodwill-to-Asset
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Windflow Technology Semi-Annual Data
Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17
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Competitive Comparison of Windflow Technology's Goodwill-to-Asset

For the Specialty Industrial Machinery subindustry, Windflow 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.


Windflow Technology's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Windflow Technology's Goodwill-to-Asset distribution charts can be found below:

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



Windflow 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.

Windflow Technology's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2017 is calculated as

Goodwill to Asset (A: Jun. 2017 )=Goodwill/Total Assets
=0/10.685
=0.00

Windflow Technology's Goodwill to Asset Ratio for the quarter that ended in Dec. 2017 is calculated as

Goodwill to Asset (Q: Dec. 2017 )=Goodwill/Total Assets
=0/3.095
=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.


Windflow Technology  (GREY:WFLWY) 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.


Windflow Technology Goodwill-to-Asset Related Terms

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Windflow Technology (Windflow Technology) Business Description

Traded in Other Exchanges
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Address
Windflow Technology Ltd is engaged in the manufacturing and development of wind turbines. The company operates in two segments namely Wind Turbines segment, Licensing segment, and Corporate segment. Wind Turbines Segment Represents manufacturing, installing, commissioning, selling, operating and maintaining wind turbines and related parts. Licensing Segment includes licensing agreements. And corporate segment includes designing and development of wind turbine and its marketing. Some of its projects include Te Rere Hau, Gebbies Pass, Long Gully and United Kingdom Projects. It generates a majority of its revenue from Wind Turbines. Geographically, the company gets a major share of its revenue from New Zealand.

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