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Western Sierra Resource (Western Sierra Resource) Goodwill-to-Asset : 0.00 (As of Sep. 2008)


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What is Western Sierra Resource Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Western Sierra Resource's Goodwill for the quarter that ended in Sep. 2008 was $0.00 Mil. Western Sierra Resource's Total Assets for the quarter that ended in Sep. 2008 was $21.14 Mil. Therefore, Western Sierra Resource's Goodwill to Asset Ratio for the quarter that ended in Sep. 2008 was 0.00.


Western Sierra Resource Goodwill-to-Asset Historical Data

The historical data trend for Western Sierra Resource'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.

Western Sierra Resource Goodwill-to-Asset Chart

Western Sierra Resource Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Goodwill-to-Asset
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Western Sierra Resource Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of Western Sierra Resource's Goodwill-to-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Western Sierra Resource'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.


Western Sierra Resource's Goodwill-to-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Western Sierra Resource's Goodwill-to-Asset distribution charts can be found below:

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



Western Sierra Resource 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.

Western Sierra Resource'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
=0/2.742
=

Western Sierra Resource'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
=0/21.135
=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.


Western Sierra Resource  (OTCPK:WSRC) 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.


Western Sierra Resource Goodwill-to-Asset Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

Traded in Other Exchanges
N/A
Address
1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602
Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.

Western Sierra Resource (Western Sierra Resource) Headlines

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