GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Riviera Tool Co (OTCPK:RIVT) » Definitions » Goodwill-to-Asset

Riviera Tool Co (Riviera Tool Co) Goodwill-to-Asset : 0.00 (As of Nov. 2006)


View and export this data going back to 1997. Start your Free Trial

What is Riviera Tool Co Goodwill-to-Asset?

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Riviera Tool Co's Goodwill for the quarter that ended in Nov. 2006 was $0.00 Mil. Riviera Tool Co's Total Assets for the quarter that ended in Nov. 2006 was $20.38 Mil. Therefore, Riviera Tool Co's Goodwill to Asset Ratio for the quarter that ended in Nov. 2006 was 0.00.


Riviera Tool Co Goodwill-to-Asset Historical Data

The historical data trend for Riviera Tool Co'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.

Riviera Tool Co Goodwill-to-Asset Chart

Riviera Tool Co Annual Data
Trend Aug97 Aug98 Aug99 Aug00 Aug01 Aug02 Aug03 Aug04 Aug05 Aug06
Goodwill-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Riviera Tool Co Quarterly Data
Feb02 May02 Aug02 Nov02 Feb03 May03 Aug03 Nov03 Feb04 May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06
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 Riviera Tool Co's Goodwill-to-Asset

For the Metal Fabrication subindustry, Riviera Tool Co'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.


Riviera Tool Co's Goodwill-to-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Goodwill-to-Asset distribution charts can be found below:

* The bar in red indicates where Riviera Tool Co's Goodwill-to-Asset falls into.



Riviera Tool Co 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.

Riviera Tool Co's Goodwill to Asset Ratio for the fiscal year that ended in Aug. 2006 is calculated as

Goodwill to Asset (A: Aug. 2006 )=Goodwill/Total Assets
=0/21.543
=0.00

Riviera Tool Co's Goodwill to Asset Ratio for the quarter that ended in Nov. 2006 is calculated as

Goodwill to Asset (Q: Nov. 2006 )=Goodwill/Total Assets
=0/20.384
=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.


Riviera Tool Co  (OTCPK:RIVT) 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.


Riviera Tool Co Goodwill-to-Asset Related Terms

Thank you for viewing the detailed overview of Riviera Tool Co's Goodwill-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Riviera Tool Co (Riviera Tool Co) Business Description

Traded in Other Exchanges
N/A
Address
5460 Executive Parkway S.E., Grand Rapids, MI, USA, 49512
Riviera Tool Co designs and manufactures large stamping die systems used to form sheet metal parts. These systems are used by automobile manufacturers to produce automobile and truck body parts such as roofs, hoods, fenders, doors, door frames, structural components, and bumpers. The company's customers include major automobile manufacturers.

Riviera Tool Co (Riviera Tool Co) Headlines

No Headlines