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QS Energy (QS Energy) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is QS Energy Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. QS Energy's intangible assets for the quarter that ended in Mar. 2024 was $0.00 Mil.


QS Energy Intangible Assets Historical Data

The historical data trend for QS Energy'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.

QS Energy Intangible Assets Chart

QS Energy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
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QS Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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QS Energy 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.


QS Energy  (OTCPK:QSEP) 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.


QS Energy Intangible Assets Related Terms

Thank you for viewing the detailed overview of QS Energy's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


QS Energy (QS Energy) Business Description

Traded in Other Exchanges
N/A
Address
23902 FM 2978, Unit No. 1, Tomball, TX, USA, 77375
QS Energy Inc develops and commercializes energy efficiency technologies that assist in increased global energy demands, improvement in the economics of oil extraction and transport, and reduction of greenhouse gas emissions. Its primary technology is Applied Oil Technology (AOT), which is a commercial-grade crude oil pipeline transportation flow assurance product. The company's oil and gas market is segmented into three primary categories namely Upstream Producers, Midstream Transporters, and Downstream Refiners. The Upstream segment is involved in the exploration and production of oil and gas. Midstream companies transport oil and gas to markets via pipelines, rail, and shipping and provide storage in the field and the Downstream sector refines oil and gas into finished products.
Executives
Eric Bunting director 10701 FORESTGATE, WICHITA KS 67206
Gary M Buchler director 2544 RAMROCK DR., PORTER TX 77365
William Howard Green director 3721 REDMONT TERRACE, EDMOND OK 73034
Richard William Munn director 15 CAMELOT OAKS CT., THE WOODLANDS TX 77382
Michael Scott Mcmullen officer: Chief Financial Officer PO BOX 1045, TIBURON CA 94920
Jason B Lane director, officer: Chief Executive Officer 23902 RM 2978, TUMBALL TX 77375
Thomas A. Bundros director 735 STATE STREET, #500, SANTA BARBARA CA 93101
Don Dickson director 5266 HOLLISTER AVENUE, SANTA BARBARA CA 93111
Mark Stubbs director 136 W. CANON PERDIDO STREET, STE. A, SANTA BARBARA CA 93427
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Greggory M Bigger officer: CFO 5266 HOLLISTER AVENUE, SUITE 219, SANTA BARBARA CA 93111
Eugene E Eichler officer: Interim CFO 735 STATE ST. #500, SANTA BARBARA CA 93101
Charles Blum director, officer: Chief Executive Officer 1505 UPLAND HILLS DRIVE NORTH, UPLAND CA 91784
Cecil Bond Kyte director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601
John F Price director 5125 LANKERSHIM BOULEVARD, NORTH HOLLYWOOD CA 91601