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AGCCF (Gensource Potash) Intangible Assets : $0.00 Mil (As of Sep. 2024)


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What is Gensource Potash Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Gensource Potash's intangible assets for the quarter that ended in Sep. 2024 was $0.00 Mil.


Gensource Potash Intangible Assets Historical Data

The historical data trend for Gensource Potash'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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Gensource Potash Intangible Assets Chart

Gensource Potash Annual Data
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Intangible Assets
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Gensource Potash Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Gensource Potash 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.


Gensource Potash  (OTCPK:AGCCF) 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.


Gensource Potash Intangible Assets Related Terms

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Gensource Potash Business Description

Traded in Other Exchanges
Address
201-1st Avenue South, Suite 1100, Saskatoon, SK, CAN, S7K 1J5
Gensource Potash Corp is a Canada based company focused on developing resource opportunities with a specific focus on potash development. The company owns an interest in the Vanguard area project located in Saskatchewan and the Lazlo project, among others.

Gensource Potash Headlines

From GuruFocus

Gensource Potash Announces Change of Registered Office

By Business Wire Business Wire 07-12-2022

Gensource Potash Announces Director Dealing

By Business Wire Business Wire 06-13-2022

Gensource Announces Increase in Potash Asset Base

By Business Wire Business Wire 12-21-2021

Gensource Provides 2022 Year-end Update and Outlook for 2023

By Business Wire Business Wire 01-19-2023

Gensource Announces Agreement to Acquire Innovare Technologies Ltd.

By Business Wire Business Wire 04-13-2022

Gensource Announces Exercise of Stock Options

By Business Wire Business Wire 02-14-2022