SELECT * FROM `stock_list` where symbol='EGL' AND exchange = 'ASX' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` where symbol='EGL' AND exchange = 'ASX' AND delisted = 0 limit 0,1SELECT * FROM `stock_list` WHERE `symbol` = "EGL" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) AND delisted = 0 limit 0,1 The Environmental Group (ASX:EGL) Intangible Assets
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The Environmental Group (ASX:EGL) Intangible Assets : A$20.38 Mil (As of Dec. 2023)


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What is The Environmental Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. The Environmental Group's intangible assets for the quarter that ended in Dec. 2023 was A$20.38 Mil.

The Environmental Group Intangible Assets Historical Data

The historical data trend for The Environmental 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.

The Environmental Group Intangible Assets Chart

The Environmental Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.95 13.58 14.59 16.30 20.28

The Environmental Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 14.66 16.30 16.34 20.28 20.38

The Environmental 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.

The Environmental Group  (ASX:EGL) 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.

The Environmental Group Intangible Assets Related Terms

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The Environmental Group (ASX:EGL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Environmental Group Ltd (ASX:EGL) » Definitions » Intangible Assets
Comparable Companies
ASX:SRL ASX:DEM ASX:WAT ASX:PWN ASX:FLC ASX:AEI ASX:ECT VLTO ZWS XBRU:UMI FSS TSE:6370 OSTO:MTRS ATMU SZSE:300390 TSE:6368 SHSE:600388 SHSE:603279 TSE:7004 HKSE:00586
Traded in Other Exchanges
N/A
Address
10 Ferntree Place, Level 1 ,Suite 1.01, Notting Hill, Melbourne, VIC, AUS, 3168
Website
https://www.environmental.com.au
The Environmental Group Ltd is a facility service and environmental solutions company. Its principal activities are design, application, and servicing of innovative gas and vapor emission control systems, inlet and exhaust systems for gas turbines and engineering services, and innovative water treatment, service, and maintenance of commercial boilers and engineering services, to a wide variety of industries. It has following segments: Products Pollution Control, EGL Energy; Products Gas Turbine; EGL Waste and others. The company generates maximum revenue from the EGL Energy segment.

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