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Omni Financial Services (Omni Financial Services) Goodwill-to-Asset : 0.00 (As of Sep. 2007)


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What is Omni Financial Services Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Omni Financial Services's Goodwill for the quarter that ended in Sep. 2007 was $0.00 Mil. Omni Financial Services's Total Assets for the quarter that ended in Sep. 2007 was $887.03 Mil. Therefore, Omni Financial Services's Goodwill to Asset Ratio for the quarter that ended in Sep. 2007 was 0.00.


Omni Financial Services Goodwill-to-Asset Historical Data

The historical data trend for Omni Financial Services'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.

Omni Financial Services Goodwill-to-Asset Chart

Omni Financial Services Annual Data
Trend Dec01 Dec02 Dec04 Dec05 Dec06
Goodwill-to-Asset
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Omni Financial Services Quarterly Data
Dec01 Dec02 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Omni Financial Services's Goodwill-to-Asset

For the Capital Markets subindustry, Omni Financial Services'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.


Omni Financial Services's Goodwill-to-Asset Distribution in the Capital Markets Industry

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

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



Omni Financial Services 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.

Omni Financial Services's Goodwill to Asset Ratio for the fiscal year that ended in Dec. 2006 is calculated as

Goodwill to Asset (A: Dec. 2006 )=Goodwill/Total Assets
=0/702.764
=0.00

Omni Financial Services's Goodwill to Asset Ratio for the quarter that ended in Sep. 2007 is calculated as

Goodwill to Asset (Q: Sep. 2007 )=Goodwill/Total Assets
=0/887.028
=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.


Omni Financial Services  (OTCPK:OFSI) 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.


Omni Financial Services Goodwill-to-Asset Related Terms

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Omni Financial Services (Omni Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
12610 New Brittany Boulevard, Suite 2300, Ft. Myers, FL, USA, 33907
Omni Financial Services Inc is a financial services firm, helping its clients improve their long-term financial success. It offers financial products and the advice and expertise of financial professionals in the industry. It provides financial solutions to individuals and businesses.

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