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Allegiance Coal (ASX:AHQ) Goodwill-to-Asset : 0.00 (As of Jun. 2022)


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What is Allegiance Coal Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Allegiance Coal's Goodwill for the quarter that ended in Jun. 2022 was A$0.00 Mil. Allegiance Coal's Total Assets for the quarter that ended in Jun. 2022 was A$175.03 Mil. Therefore, Allegiance Coal's Goodwill to Asset Ratio for the quarter that ended in Jun. 2022 was 0.00.


Allegiance Coal Goodwill-to-Asset Historical Data

The historical data trend for Allegiance Coal'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.

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Allegiance Coal Goodwill-to-Asset Chart

Allegiance Coal Annual Data
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Goodwill-to-Asset
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Allegiance Coal Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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Competitive Comparison of Allegiance Coal's Goodwill-to-Asset

For the Coking Coal subindustry, Allegiance Coal'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.


Allegiance Coal's Goodwill-to-Asset Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Allegiance Coal's Goodwill-to-Asset distribution charts can be found below:

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



Allegiance Coal 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.

Allegiance Coal's Goodwill to Asset Ratio for the fiscal year that ended in Jun. 2022 is calculated as

Goodwill to Asset (A: Jun. 2022 )=Goodwill/Total Assets
=0/175.03
=0.00

Allegiance Coal's Goodwill to Asset Ratio for the quarter that ended in Jun. 2022 is calculated as

Goodwill to Asset (Q: Jun. 2022 )=Goodwill/Total Assets
=0/175.03
=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.


Allegiance Coal  (ASX:AHQ) 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.


Allegiance Coal Goodwill-to-Asset Related Terms

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Allegiance Coal (ASX:AHQ) Business Description

Traded in Other Exchanges
N/A
Address
109 Pitt Street, Suite 107, Sydney, NSW, AUS, 2000
Allegiance Coal Ltd is an Australia-based company engaged in the acquisition and exploration of coal tenements. The company's project includes Telkwa Metallurgical Coal, Tenas Metallurgical Coal, Back Creek Project, Black Warrior, New Elk Mine, and Kilmain Project.

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