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Asia Resource Minerals (LSE:ARMS) Goodwill-to-Asset : 0.33 (As of Dec. 2014)


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What is Asia Resource Minerals Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Asia Resource Minerals's Goodwill for the quarter that ended in Dec. 2014 was £851.8 Mil. Asia Resource Minerals's Total Assets for the quarter that ended in Dec. 2014 was £2,623.7 Mil. Therefore, Asia Resource Minerals's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 was 0.33.


Asia Resource Minerals Goodwill-to-Asset Historical Data

The historical data trend for Asia Resource Minerals'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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Asia Resource Minerals Goodwill-to-Asset Chart

Asia Resource Minerals Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Goodwill-to-Asset
- 0.18 0.10 0.29 0.33

Asia Resource Minerals Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Goodwill-to-Asset Get a 7-Day Free Trial 0.10 - 0.29 - 0.33

Competitive Comparison of Asia Resource Minerals's Goodwill-to-Asset

For the Other Industrial Metals & Mining subindustry, Asia Resource Minerals'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.


Asia Resource Minerals's Goodwill-to-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Asia Resource Minerals's Goodwill-to-Asset distribution charts can be found below:

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



Asia Resource Minerals 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.

Asia Resource Minerals's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Goodwill to Asset (A: Dec. 2014 )=Goodwill/Total Assets
=851.787/2623.734
=0.32

Asia Resource Minerals's Goodwill to Asset Ratio for the quarter that ended in Dec. 2014 is calculated as

Goodwill to Asset (Q: Dec. 2014 )=Goodwill/Total Assets
=851.787/2623.734
=0.32

* 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.


Asia Resource Minerals  (LSE:ARMS) 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.


Asia Resource Minerals Goodwill-to-Asset Related Terms

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Asia Resource Minerals (LSE:ARMS) Business Description

Traded in Other Exchanges
N/A
Address
Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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