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NETSOL Technologies (NETSOL Technologies) Intangible Assets : $9.30 Mil (As of Dec. 2023)


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What is NETSOL Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. NETSOL Technologies's intangible assets for the quarter that ended in Dec. 2023 was $9.30 Mil.


NETSOL Technologies Intangible Assets Historical Data

The historical data trend for NETSOL Technologies'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.

* Premium members only.

NETSOL Technologies Intangible Assets Chart

NETSOL Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.85 14.91 13.42 10.89 9.43

NETSOL Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intangible Assets 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 10.10 9.68 9.43 9.30 9.30

NETSOL Technologies 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.


NETSOL Technologies  (NAS:NTWK) 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.


NETSOL Technologies Intangible Assets Related Terms

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NETSOL Technologies (NETSOL Technologies) Business Description

Traded in Other Exchanges
N/A
Address
16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436
NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.
Executives
Naeem Ghaur director, 10 percent owner, officer: CEO 23901CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Najeeb Ghauri director, officer: CFO, Chairman 24025, CALABASAS CA 91302
Michael Richard Francis director C/O NETSOL TECHNOLOGIES, INC., 16000 VENTURA BLVD., SUITE 770, ENCINO CA 91436
Roger Kent Almond officer: CFO C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Henry Arnolfo Tolentino director C/O NETSOL TECHNOLOGIES, INC., 23975 PARK SORRENTO, STE 250, CALABASAS CA 91302
Malea Farsai director 23901 CALABASAS ROAD, SUITE 2072, CALABASAS CA 91302
Syed Kausar Kazmi director C/O.NETSOL TECHNOLOGIES.INC., 23975 PARK SORRENTO, SUITE 250, CALABASAS CA 91302
Mark Caton director P O BO 270052, SAN DIEGO CA 92198
Eugen Beckert director 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Shahid Burki director 11112 STACKHOUSE CT, POTOMAC MD 20854
Mcglasson Patti L W officer: Secretary 23901 CALABASAS RD STE 2072, CALABASAS CA 91302
Asad Ullah Ghauri director 24025 PARK SORRENTO, SUITE 410, C/O NETSOL TECHNOLOGIES, INC., CALABASAS CA 91302
Jeffrey M Bilbrey director C/O NETSOL TECHNOLOGIES, INC., 24025 PARK SORRENTO, SUITE 410, CALABASAS CA 91302
Salim U Ghauri director, 10 percent owner, officer: President 24011 VENTURA BLVD #101, CALABASAS CA 91302
Alexander Shakow director NETSOL TECHNOLOGIES INC, 23901 CALABASAS ROAD STE 2072, CALABASAS CA 91032