XCOMQ (Xtera Communications) Goodwill-to-Asset: 0.00 (As of Jun. 2016)

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What is Xtera Communications Goodwill-to-Asset?

Xtera Communications XCOMQ -99.00% Goodwill-to-Asset is 0.00 as of Jun. 2016.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Xtera Communications's Goodwill for the quarter that ended in Jun. 2016 was $0.00 Mil. Xtera Communications's Total Assets for the quarter that ended in Jun. 2016 was $49.46 Mil. Therefore, Xtera Communications's Goodwill to Asset Ratio for the quarter that ended in Jun. 2016 was 0.00.


Xtera Communications  (OTCPK:XCOMQ) 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.


Xtera Communications Goodwill-to-Asset Related Terms


Xtera Communications Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Xtera Communications'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.

Xtera Communications Goodwill-to-Asset Chart

Xtera Communications Annual Data
Trend Sep13 Sep14 Sep15
Goodwill-to-Asset
0.17 0.00 0.00

Xtera Communications Quarterly Data
Sep13 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

XCOMQ vs TAIT, AEY: Goodwill-to-Asset Comparison

For the Communication Equipment subindustry, Xtera Communications'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.


Xtera Communications Goodwill-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Xtera Communications's Goodwill-to-Asset distribution charts can be found below:

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



Xtera Communications 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.

Xtera Communications's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2015 is calculated as

Goodwill to Asset (A: Sep. 2015 )=Goodwill/Total Assets
=0/39.272
=0.00

Xtera Communications's Goodwill to Asset Ratio for the quarter that ended in Jun. 2016 is calculated as

Goodwill to Asset (Q: Jun. 2016 )=Goodwill/Total Assets
=0/49.463
=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.

Frequently Asked Questions Learn more about Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Xtera Communications (XCOMQ) has a Goodwill-to-Asset of 0.00 as of Jun. 2016. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Xtera Communications and its competitors.
Is Xtera Communications' Goodwill-to-Asset too high?
Xtera Communications' current Goodwill-to-Asset is 0.00.
How does Xtera Communications' Goodwill-to-Asset compare to TAIT and AEY?
Xtera Communications' Goodwill-to-Asset of 0.00 can be compared against companies in the Hardware 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 Hardware company?
A good Goodwill-to-Asset depends on the Hardware 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 Xtera Communications and its competitors. Xtera Communications's current Goodwill-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xtera Communications stock overvalued right now?
Xtera Communications (XCOMQ) has a current Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. 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 Xtera Communications (XCOMQ), the current Goodwill-to-Asset is 0.00 as of Jun. 2016. 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.

Xtera Communications Business Description

Address 500 West Bethany Drive, Suite 100, Allen, TX, USA, 75013
Xtera Communications Inc is a provider of optical transport solutions. It sells its optical transport solutions to telecommunications service providers, content service providers, enterprises and government entities across the world to support their deployments of long-haul terrestrial and submarine optical cable networks. Its optical networking solutions are designed to offer reach and capacity for intermediate sites between end-points of long-haul networks. Its primary service offerings include services, installation and deployment services, on-site hardware replacement services, system maintenance services, extended hardware warranty services and training across a spectrum of products within the optical networking industry. The company offers hardware, software and turnkey solutions.