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Citizens National (Citizens National) Goodwill-to-Asset : 0.00 (As of Mar. 2006)


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What is Citizens National Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Citizens National's Goodwill for the quarter that ended in Mar. 2006 was $0.00 Mil. Citizens National's Total Assets for the quarter that ended in Mar. 2006 was $364.17 Mil. Therefore, Citizens National's Goodwill to Asset Ratio for the quarter that ended in Mar. 2006 was 0.00.


Citizens National Goodwill-to-Asset Historical Data

The historical data trend for Citizens National'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.

Citizens National Goodwill-to-Asset Chart

Citizens National Annual Data
Trend Dec03 Dec04 Dec05
Goodwill-to-Asset
- - -

Citizens National Quarterly Data
Sep92 Dec92 Mar93 Jun93 Sep93 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06
Goodwill-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Citizens National's Goodwill-to-Asset

For the Banks - Regional subindustry, Citizens National'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.


Citizens National's Goodwill-to-Asset Distribution in the Banks Industry

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

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



Citizens National 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.

Citizens National's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as

Goodwill to Asset (A: Dec. 2005 )=Goodwill/Total Assets
=0/355.681
=0.00

Citizens National's Goodwill to Asset Ratio for the quarter that ended in Mar. 2006 is calculated as

Goodwill to Asset (Q: Mar. 2006 )=Goodwill/Total Assets
=0/364.174
=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.


Citizens National  (OTCPK:CZNL) 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.


Citizens National Goodwill-to-Asset Related Terms

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Citizens National (Citizens National) Business Description

Traded in Other Exchanges
N/A
Address
620 Broadway, Paintsville, KY, USA, 41240
Citizens National Corp provides banking services. The company provides all necessary banking services and products to its customers. Its deposit products are checking, savings, and term certificate accounts, and its lending products are residential mortgage, commercial, and installment loans. Substantially all loans are secured by specific items of collateral including business assets, consumer assets, and commercial and residential real estate. Commercial loans are expected to be repaid from cash flow from the operations of businesses.

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