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Electronic Servitor Publication Network (Electronic Servitor Publication Network) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is Electronic Servitor Publication Network Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Electronic Servitor Publication Network's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.


Electronic Servitor Publication Network Intangible Assets Historical Data

The historical data trend for Electronic Servitor Publication Network'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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Electronic Servitor Publication Network Intangible Assets Chart

Electronic Servitor Publication Network Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Electronic Servitor Publication Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Electronic Servitor Publication Network 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.


Electronic Servitor Publication Network  (OTCPK:XESP) 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.


Electronic Servitor Publication Network Intangible Assets Related Terms

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Electronic Servitor Publication Network (Electronic Servitor Publication Network) Business Description

Traded in Other Exchanges
N/A
Address
400 1st Avenue North, Suite 100, Minneapolis, MN, USA, 55401
Electronic Servitor Publication Network Inc engages companies with the common goal of increasing digital interactions within current and new communities to drive growth. The Company's proprietary technology, the Digital Engagement Engine, utilizes a combination of automation, unique data management, and a modern workflow built on a microservices architecture to achieve greater reach and lift for content providers.
Executives
Laurence Eric Swann 10 percent owner 400 1ST AVE. N., SUITE 100, MINNEAPOLIS MN 55401
Thomas D Spruce director, officer: President 1962 PORT EDWARD PLACE, NEWPORT BEACH CA 92660
Anthony Sanneh director, officer: CEO, CFO, Secretary 1511 GRAND AVE UNIT 21, SAINT PAUL MN 55105
Peter Martin Hager 10 percent owner 5115 WOODLANE ALCOVE, WOODBURY MN 55129
Jonathan Todd Sweetser director, 10 percent owner, officer: CEO, CFO, Secretary 175 RAVENNA WAY, EL DORADO HILLS CA 95762
Mark Anthony Palumbo director, 10 percent owner, officer: CEO, Secretary & Treasurer 1548 LOCH NESS DRIVE, FALLBROOK CA 92028
Marla Palumbo 10 percent owner 1548 LOCH NESS DR., FALLBROOK CA 92028
James M Cassidy director, 10 percent owner, officer: president, secretary 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: Vice President 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212

Electronic Servitor Publication Network (Electronic Servitor Publication Network) Headlines

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