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Dawson Geophysical Co (Dawson Geophysical Co) Intangible Assets : $0.38 Mil (As of Dec. 2023)


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What is Dawson Geophysical Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Dawson Geophysical Co's intangible assets for the quarter that ended in Dec. 2023 was $0.38 Mil.


Dawson Geophysical Co Intangible Assets Historical Data

The historical data trend for Dawson Geophysical Co'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.

Dawson Geophysical Co Intangible Assets Chart

Dawson Geophysical Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.39 0.40 0.37 0.38

Dawson Geophysical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.37 0.37 0.38 0.37 0.38

Dawson Geophysical Co 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.


Dawson Geophysical Co  (NAS:DWSN) 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.


Dawson Geophysical Co Intangible Assets Related Terms

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Dawson Geophysical Co (Dawson Geophysical Co) Business Description

Traded in Other Exchanges
Address
508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co is a provider of onshore seismic data acquisition services with operations throughout the continental United States and Canada. The company acquires and processes 2 D, 3 D, and multi-component seismic data for clients, ranging from oil and gas companies to independent oil and gas operators for use in the onshore drilling and production of oil and natural gas as well as provides multi-client data libraries. It operates through a single segment being Contract seismic data acquisition and processing services. In addition, the company provides multi-component seismic data surveys which involve the recording of alternative seismic waves. Geographically, it generates maximum revenue from the United States.
Executives
William Anthony Clark officer: EVP & Chief Business Officer 13927 S. GESSNER RD, MISSOURI CITY TX 77489
Wilks Brothers, Llc 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Bruce Franklin Bradley director 3815 BRADLEY LANE, CHEVY CHASE MD 20815
Wb Acquisitions Inc. 10 percent owner 17010 INTERSTATE HIGHWAY 20, CISCO TX 76437
Matthew Wilks director 17010 IH-20, CISCO TX 76437
Staci Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Farris Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Dan H. Wilks 10 percent owner 17018 INTERSTATE 20, CISCO TX 76437
Sergei Krylov director 6500 WEST FREEWAY, SUITE 800, FORT WORTH TX 76116
C Ray Tobias officer: EVP, Chief Operating Officer 508 WEST WALL SUITE 800, MIDLAND TX 79701
Stephen C Jumper director, officer: President and CEO 508 WEST WALL, SUITE 800, MIDLAND TX 79701
James W Thomas officer: EVP, Chief Technical Officer 508 W WALL, SUITE 800, MIDLAND TX 79701
William J Barrett director 210 SUNDIAL COURT, VERO BEACH FL 32963
Michael L Klofas director 64 WINDHAM DRIVE, EAST LONGMEADOW MA 01028
Allen T Mcinnes director, 10 percent owner, officer: Chairman of the Board & Secy. 4532 7TH STREET, LUBBOCK TX 79416

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