Kulicke & Soffa Industries (NAS:KLIC) Intangible Assets

: $139 Mil (As of Mar. 2023)

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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Kulicke & Soffa Industries's intangible assets for the quarter that ended in Mar. 2023 was $139 Mil.

Kulicke & Soffa Industries Intangible Assets Historical Data

The historical data trend for Kulicke & Soffa Industries'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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Kulicke & Soffa Industries Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Intangible Assets

109.42

98.34

94.67

115.70

100.04

Kulicke & Soffa Industries Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Intangible Assets																109.91	105.08	100.04	103.82	138.79

Kulicke & Soffa Industries 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.

Kulicke & Soffa Industries (NAS:KLIC) 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.

Kulicke & Soffa Industries Intangible Assets Related Terms

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Kulicke & Soffa Industries (NAS:KLIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Kulicke & Soffa Industries Inc (NAS:KLIC) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

KU1:Germany

Address

23A Serangoon North Avenue 5, No 01-01, K and S Corporate Headquarters, Singapore, SGP, 554369

Website

https://www.kns.com

Kulicke & Soffa Industries Inc is a United States-based company that is principally engaged in designing, manufacturing, and selling capital equipment and expendable tools that are used for assembling semiconductor devices. The company operates through two core segments: Capital equipment, which produces and sells a series of ball bonders, wafer-level bonders, wedge bonders, APS which produces and offers various expendable tools designed for multiple semiconductor packaging applications. The Capital equipment segment contributes the majority of total revenue. The company generates the majority of its total revenue from the overseas market, mainly in the Asia-Pacific region.

Executives

Robert Nestor Chylak	officer: Vice President	1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Jon A Olson	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
David Jeffrey Richardson	director	LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Stephen Ray Drake	officer: Vice President	23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0 554369
Zamir Shai Soloveizik	officer: Vice President	23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Thiam Hong Lim	officer: Vice President	23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Hoang Hoang	officer: Senior Vice President	23A SERANGOON NORTH AVE 5 #01-01, SINGAPORE U0 554369
Chan Pin Chong	officer: Senior Vice President	23A SERANGOON NORTH AVENUE 5, #01-01, SINGAPORE U0 554369
Fusen Ernie Chen	director	1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Sooli Joyce Lam	officer: Principal Accounting Officer	23A SERANGOON NORTH AVENUE 5 #01-01, SINGAPORE U0 554369
Irene Lee	officer: Senior Vice President	23A SERANGOON AVENUE 5 #01-01, SINGAPORE U0 554369
Kong Peter T M	director	KULICKE AND SOFFA INDUSTRIES INC., 1005 VIRGINIA DRIVE, FT. WASHINGTON PA 19034
Alan Bruce Schindler	officer: Senior Vice President	1005 VIRGINIA DRIVE, FORT WASHINGTON PA 19034
Nelson Munpun Wong	officer: Vice President	23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369
Lester A Wong	officer: Senior Vice President	23A, SERANGOON NORTH AVE 5, #01-01, SINGAPORE U0 554369