ADEP has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ADEP has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Adept Technology's intangible assets for the quarter that ended in Jun. 2015 was $2.05 Mil.
The historical data trend for Adept Technology'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.
Adept Technology Annual Data | |||||||||||||||||||||
Trend | Jun06 | Jun07 | Jun08 | Jun09 | Jun10 | Jun11 | Jun12 | Jun13 | Jun14 | Jun15 | |||||||||||
Intangible Assets | Get a 7-Day Free Trial | 5.12 | 4.65 | 2.53 | 2.29 | 2.05 |
Adept Technology Quarterly Data | ||||||||||||||||||||
Sep10 | Dec10 | Mar11 | Jun11 | Sep11 | Dec11 | Mar12 | Jun12 | Sep12 | Dec12 | Mar13 | Jun13 | Sep13 | Dec13 | Mar14 | Jun14 | Sep14 | Dec14 | Mar15 | Jun15 | |
Intangible Assets | Get a 7-Day Free Trial | 2.29 | 2.23 | 2.17 | 2.11 | 2.05 |
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.
Adept Technology (NAS:ADEP) 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.
Thank you for viewing the detailed overview of Adept Technology's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Awm Investment Company, Inc. | 10 percent owner | 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
Michael P Kelly | director | |
Hale Martin M Jr | director, 10 percent owner | |
Marxe Austin W & Greenhouse David M | 10 percent owner | C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022 |
A Richard Juelis | director | 349 OYSTER POINT BLVD, STE 200, S SAN FRANCISCO CA 94080 |
Lisa M Cummins | officer: Sr. VP Finance & CFO | 3011 TRIAD DRIVE, LIVERMORE CA 94551 |
Leroy C Kopp | other: No longer subject to Sec. 16 | 8400 NORMANDALE LAKE BOULEVARD, SUITE 1450, BLOOMINGTON MN 55437 |
Robert J Majteles | director | |
Gruber & Mcbaine Capital Management Llc | other: See Footnote remarks. | 234 VAN NESS, STE 5, SAN FRANCISCO CA 94133 |
Charles H Finnie | director | TWO EMBARCADERO CENTER, SUITE 2200, SAN FRANCISCO CA 94111 |
Crosslink Capital Inc | 10 percent owner, other: Affilate of Director | 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025 |
Steven L Moore | officer: VP Finance & CFO | |
Codd Ronald E F | director | C/O INTERWOVEN INC, 803 11TH AVE, SUNNYVALE CA 94089 |
Viavi Solutions Inc. | 10 percent owner | 1445 SOUTH SPECTRUM BLVD., SUITE 102, CHANDLER AZ 85286 |
From GuruFocus
By gurufocus • 02-11-2009
By gurufocus • 05-12-2009
By gurufocus 10qk • 05-06-2010
By gurufocus 10qk • 11-10-2009
By gurufocus 10qk • 02-07-2011
By gurufocus 10qk • 02-05-2010
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.