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Renewable Energy & Power (Renewable Energy & Power) Goodwill-to-Asset : 0.00 (As of Jun. 2018)


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What is Renewable Energy & Power Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Renewable Energy & Power's Goodwill for the quarter that ended in Jun. 2018 was $0.00 Mil. Renewable Energy & Power's Total Assets for the quarter that ended in Jun. 2018 was $2.12 Mil. Therefore, Renewable Energy & Power's Goodwill to Asset Ratio for the quarter that ended in Jun. 2018 was 0.00.


Renewable Energy & Power Goodwill-to-Asset Historical Data

The historical data trend for Renewable Energy & Power'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.

Renewable Energy & Power Goodwill-to-Asset Chart

Renewable Energy & Power Annual Data
Trend Sep13 Sep14 Sep15 Sep16
Goodwill-to-Asset
- - - -

Renewable Energy & Power Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Renewable Energy & Power's Goodwill-to-Asset

For the Footwear & Accessories subindustry, Renewable Energy & Power'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.


Renewable Energy & Power's Goodwill-to-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Renewable Energy & Power's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Renewable Energy & Power's Goodwill-to-Asset falls into.



Renewable Energy & Power 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.

Renewable Energy & Power's Goodwill to Asset Ratio for the fiscal year that ended in Sep. 2016 is calculated as

Goodwill to Asset (A: Sep. 2016 )=Goodwill/Total Assets
=0/0.981
=0.00

Renewable Energy & Power's Goodwill to Asset Ratio for the quarter that ended in Jun. 2018 is calculated as

Goodwill to Asset (Q: Jun. 2018 )=Goodwill/Total Assets
=0/2.124
=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.


Renewable Energy & Power  (OTCPK:RBNW) 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.


Renewable Energy & Power Goodwill-to-Asset Related Terms

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Renewable Energy & Power (Renewable Energy & Power) Business Description

Traded in Other Exchanges
N/A
Address
55 Washington Street, Suite 703, Brooklyn, NY, USA, 11201
Renewable Energy & Power Inc is engaged in the retail and wholesale of footwear for the urban culture. It operates under the brand Lust for Life which employs a website with traffic driven by online marketing tools and techniques. The company derives the majority of its sales through its wholesale channel.

Renewable Energy & Power (Renewable Energy & Power) Headlines