GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Searchlight Minerals Corp (OTCPK:SRCH) » Definitions » Intangible Assets

Searchlight Minerals (Searchlight Minerals) Intangible Assets : $0.00 Mil (As of Sep. 2016)


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

What is Searchlight Minerals Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Searchlight Minerals's intangible assets for the quarter that ended in Sep. 2016 was $0.00 Mil.


Searchlight Minerals Intangible Assets Historical Data

The historical data trend for Searchlight Minerals'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.

Searchlight Minerals Intangible Assets Chart

Searchlight Minerals Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 16.95 - -

Searchlight Minerals Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 - - - - -

Searchlight Minerals 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.


Searchlight Minerals  (OTCPK:SRCH) 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.


Searchlight Minerals Intangible Assets Related Terms

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


Searchlight Minerals (Searchlight Minerals) Business Description

Traded in Other Exchanges
N/A
Address
2360 West Horizon Ridge Parkway, Suite 100, Henderson, NV, USA, 89052
Searchlight Minerals Corp is a exploration-stage company. It is engaged in the slag reprocessing project and the acquisition and exploration of mineral properties at the Clarkdale Slag Project. The Clarkdale Slag Project located in Arizona is a reclamation project to recover precious and base metals from the reprocessing of slag produced from the smelting of copper ore mined at the United Verde Copper Mine in Arizona.
Executives
Luxor Capital Group, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Lcg Holdings Llc 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD., PO BOX 309, UGLAND HOUSE, GEORGE TOWN E9 KY1-1104
Luxor Wavefront, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Luxor Capital Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
Thebes Partners, Lp 10 percent owner 7 TIMES SQUARE, 43RD FLOOR, NEW YORK NY 10036
John Edward Mack director P.O.BOX 1575, BRECKENRIDGE CO 80424
Thebes Partners Offshore, Ltd. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Thebes Offshore Master Fund, Lp 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Luxor Spectrum Offshore Ltd 10 percent owner C/O MAPLES CORPORATE SERVICES LTD, P.O. BOX 309 GT, GEORGE TOWN E9 KY1-1104
Luxor Spectrum Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 29TH FLOOR, NEW YORK NY 10036
Ian R Mcneil director, officer: CEO 3500 LAKESIDE COURT, SUITE 206, RENO NV 89509

Searchlight Minerals (Searchlight Minerals) Headlines

No Headlines