GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » ARC Group Inc (GREY:RLLY) » Definitions » Intangible Assets

ARC Group (ARC Group) Intangible Assets : $17.41 Mil (As of Dec. 2019)


View and export this data going back to 2010. Start your Free Trial

What is ARC Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. ARC Group's intangible assets for the quarter that ended in Dec. 2019 was $17.41 Mil.


ARC Group Intangible Assets Historical Data

The historical data trend for ARC Group'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.

ARC Group Intangible Assets Chart

ARC Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.79 17.41

ARC Group Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 0.79 0.79 0.79 0.78 17.41

ARC Group 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.


ARC Group  (GREY:RLLY) 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.


ARC Group Intangible Assets Related Terms

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


ARC Group (ARC Group) Business Description

Traded in Other Exchanges
N/A
Address
1409 Kinsley Avenue, Suite 2, Orange Park, FL, USA, 32073
ARC Group Inc is a Florida based holding company focused on the casual dining restaurant industry. It has two reportable segments, company-owned restaurants, and franchise operations. Company-owned restaurants are casual dining restaurants that consist of several brands such as Dick's Wings and Grill, Fat Patty's and Tilted Kilt Eatery and Pub. The company only offers franchises for Dick's Wings brand. Geographically, it operates in Florida, Georgia, Kentucky, Louisiana, and West Virginia. It generates a vast majority of revenues from the company-owned restaurants in the Florida region.
Executives
Ketan B. Pandya director 9600 AIRE LIBRE DRIVE AUSTIN TX 78726
Fred D. Alexander director 4400 AMBASSADOR CAFFERY PARKWAY SUITE A, BOX 347 LAFAYETTE LA 70508
Joseph John Dominiak officer: Chief Operating Officer 7133 CHAMPIONS LANE WEST CHESTER OH 45069
Alex Andre officer: Chief Financial Officer 15892 W. 59TH AVE. GOLDEN CO 80403
Seenu G. Kasturi director, 10 percent owner, officer: CEO and CFO 4400 AMBASSADOR CAFFERY PARKWAY SUITE A, BOX 347 LAFAYETTE LA 70508
Richard W. Akam officer: CEO, COO & Secretary 264 KINGSTON DRIVE ST. AUGUSTINE FL 32084
Leopold Ii William D. 10 percent owner 3551 EAST THIRD ROAD LASALLE IL 61301
Daniel Slone officer: Chief Financial Officer 2513 COCO PALM DRIVE NEW IBERIA LA 70563
Michael P Rosenberger director, 10 percent owner, officer: CEO, CFO, Secretary 12763 CLEAR SPRINGS #1 JACKSONVILLE FL 32225