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Monarch Cement Co (Monarch Cement Co) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is Monarch Cement Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Monarch Cement Co's intangible assets for the quarter that ended in Sep. 2023 was $0.00 Mil.


Monarch Cement Co Intangible Assets Historical Data

The historical data trend for Monarch Cement Co's Intangible Assets 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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Monarch Cement Co Intangible Assets Chart

Monarch Cement Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Intangible Assets
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Monarch Cement Co Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep22 Sep23
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Monarch Cement Co Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.


Monarch Cement Co  (OTCPK:MCEM) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Monarch Cement Co Intangible Assets Related Terms

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Monarch Cement Co (Monarch Cement Co) Business Description

Traded in Other Exchanges
N/A
Address
449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900
Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

From GuruFocus

Monarch Cement: No Moat

By Mark Lin Mark Lin 12-05-2012