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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Goodwill : $0.00 Mil (As of Sep. 2008)


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What is Green Cures & Botanical Distribution Goodwill?

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Green Cures & Botanical Distribution's goodwill for the quarter that ended in Sep. 2008 was $0.00 Mil.


Green Cures & Botanical Distribution Goodwill Historical Data

The historical data trend for Green Cures & Botanical Distribution's Goodwill 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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Green Cures & Botanical Distribution Goodwill Chart

Green Cures & Botanical Distribution Annual Data
Trend Dec05 Dec06 Dec07
Goodwill
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Green Cures & Botanical Distribution Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
Goodwill Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Green Cures & Botanical Distribution Goodwill Calculation

A Goodwill is an intangible asset that arises as a result of the acquisition of one company by another for a premium value. The value of a company's brand name, solid customer base, good customer relations, good employee relations and any patents or proprietary technology represent goodwill. Goodwill is considered an intangible asset because it is not a physical asset like buildings or equipment. The goodwill account can be found in the assets portion of a company's balance sheet.


Green Cures & Botanical Distribution  (OTCPK:GRCU) Goodwill Explanation

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.

Green Cures & Botanical Distribution's Goodwill-to-Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

Goodwill-to-Asset (A: Dec. 2007 )=Goodwill/Total Assets
=0/2.172
=

Green Cures & Botanical Distribution's Goodwill-to-Asset Ratio for the quarter that ended in Sep. 2008 is calculated as

Goodwill-to-Asset (Q: Sep. 2008 )=Goodwill/Total Assets
=0/1.585
=

* 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.

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.


Green Cures & Botanical Distribution Goodwill Related Terms

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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Business Description

Traded in Other Exchanges
N/A
Address
7535 East Avenue, Suite 400, Denver, CO, USA, 93401
Green Cures & Botanical Distribution Inc is engaged in the healthcare sector. It retails and wholesales hemp infused nutritional, medicinal and body care products in the hemp and botanical industry, including nutritional supplements and sports wellness. Its brands include Original Hollywood Hemp, Green Foods, and Green Cures Spirits which are sold through its e-commerce sites, originalhollywoodhemp.com, and other third-party e-commerce sites.
Executives
Mathis Family Partners Ltd. other: See explanation 2560 W. MAIN STREET, SUITE 200, LITTLETON CO 80120
Kevin Pickard officer: Chief Financial Officer 28245 AVENUE CROCKER, SUITE 220, VALENCIA CA 91355

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