GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Henex (XBRU:HENX) » Definitions » Goodwill-to-Asset

Henex (XBRU:HENX) Goodwill-to-Asset : 0.00 (As of Jun. 2013)


View and export this data going back to . Start your Free Trial

What is Henex Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Henex's Goodwill for the quarter that ended in Jun. 2013 was €0.00 Mil. Henex's Total Assets for the quarter that ended in Jun. 2013 was €908.90 Mil. Therefore, Henex's Goodwill to Asset Ratio for the quarter that ended in Jun. 2013 was 0.00.


Henex Goodwill-to-Asset Historical Data

The historical data trend for Henex'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.

Henex Goodwill-to-Asset Chart

Henex Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Goodwill-to-Asset
- - - - -

Henex Semi-Annual Data
Dec11 Jun12 Dec12 Jun13
Goodwill-to-Asset - - - -

Competitive Comparison of Henex's Goodwill-to-Asset

For the Asset Management subindustry, Henex'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.


Henex's Goodwill-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Henex's Goodwill-to-Asset distribution charts can be found below:

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



Henex 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.

Henex's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2012 is calculated as

Goodwill to Asset (A: Dec. 2012 )=Goodwill/Total Assets
=0/849.108
=0.00

Henex's Goodwill to Asset Ratio for the quarter that ended in Jun. 2013 is calculated as

Goodwill to Asset (Q: Jun. 2013 )=Goodwill/Total Assets
=0/908.898
=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.


Henex  (XBRU:HENX) 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.


Henex Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Henex's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Henex (XBRU:HENX) Business Description

Traded in Other Exchanges
N/A
Address
Henex is an investment company owning shares in the listed groups namely, Danone, Sofina, Delhaize, Ageas, SES Global, Heineken, Henfin and GDF Suez.

Henex (XBRU:HENX) Headlines

No Headlines