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Sina Finance and Credit Co (XTEH:VSIN1) Goodwill-to-Asset : 0.02 (As of Mar. 2014)


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What is Sina Finance and Credit Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Sina Finance and Credit Co's Goodwill for the quarter that ended in Mar. 2014 was IRR2,302,898 Mil. Sina Finance and Credit Co's Total Assets for the quarter that ended in Mar. 2014 was IRR122,980,000 Mil. Therefore, Sina Finance and Credit Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2014 was 0.02.


Sina Finance and Credit Co Goodwill-to-Asset Historical Data

The historical data trend for Sina Finance and Credit Co'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.

Sina Finance and Credit Co Goodwill-to-Asset Chart

Sina Finance and Credit Co Annual Data
Trend Mar12 Mar13 Mar14
Goodwill-to-Asset
0.01 0.02 0.02

Sina Finance and Credit Co Semi-Annual Data
Mar12 Mar13 Mar14
Goodwill-to-Asset 0.01 0.02 0.02

Competitive Comparison of Sina Finance and Credit Co's Goodwill-to-Asset

For the Banks - Regional subindustry, Sina Finance and Credit Co'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.


Sina Finance and Credit Co's Goodwill-to-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sina Finance and Credit Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Sina Finance and Credit Co's Goodwill-to-Asset falls into.



Sina Finance and Credit Co 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.

Sina Finance and Credit Co's Goodwill to Asset Ratio for the fiscal year that ended in Mar. 2014 is calculated as

Goodwill to Asset (A: Mar. 2014 )=Goodwill/Total Assets
=2302898/122980000
=0.02

Sina Finance and Credit Co's Goodwill to Asset Ratio for the quarter that ended in Mar. 2014 is calculated as

Goodwill to Asset (Q: Mar. 2014 )=Goodwill/Total Assets
=2302898/122980000
=0.02

* 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.


Sina Finance and Credit Co  (XTEH:VSIN1) 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.


Sina Finance and Credit Co Goodwill-to-Asset Related Terms

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Sina Finance and Credit Co (XTEH:VSIN1) Business Description

Traded in Other Exchanges
N/A
Address
No 187 Motahari Avenue, Tehran, IRN, 1587998411
Sina Finance and Credit Co is a credit and finance company. Its business activities consist of monetary, financial and credential performances as well as other activities related to various parts of the economy and giving service to real and legal persons. The company also aims at funding various production, business and service units as well as granting credit facilities to various economic sectors. Sina offers various banking services including internet banking, mobile banking, telephone banking, loans, foreign exchange and SMS banking services.

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