GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » iClick Interactive Asia Group Ltd (NAS:ICLK) » Definitions » Intangible Assets

iClick Interactive Asia Group (iClick Interactive Asia Group) Intangible Assets : $0.7 Mil (As of Jun. 2023)


View and export this data going back to 2017. Start your Free Trial

What is iClick Interactive Asia Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. iClick Interactive Asia Group's intangible assets for the quarter that ended in Jun. 2023 was $0.7 Mil.


iClick Interactive Asia Group Intangible Assets Historical Data

The historical data trend for iClick Interactive Asia 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.

iClick Interactive Asia Group Intangible Assets Chart

iClick Interactive Asia Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
Get a 7-Day Free Trial 55.74 70.13 130.85 135.39 0.99

iClick Interactive Asia Group Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23
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 134.64 107.95 103.21 0.99 0.71

iClick Interactive Asia 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.


iClick Interactive Asia Group  (NAS:ICLK) 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.


iClick Interactive Asia Group Intangible Assets Related Terms

Thank you for viewing the detailed overview of iClick Interactive Asia Group's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


iClick Interactive Asia Group (iClick Interactive Asia Group) Business Description

Traded in Other Exchanges
Address
663 King’s Road, 15th Floor, Prosperity Millennia Plaza, Quarry Bay, Hong Kong, HKG
iClick Interactive Asia Group Ltd is an independent online marketing and enterprise data solutions provider in China. It serves as an integrated cross-channel gateway that provides marketers with innovative and cost-effective ways to optimize their online marketing efforts throughout their marketing cycle and achieve their branding and performance-based marketing goals. It has two operating segments: Marketing Solutions, and Enterprise Solutions. Geographically, it derives majority revenue from Mainland China and also has a presence in Hong Kong and other countries.