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Btab Ecommerce Group (Btab Ecommerce Group) Intangible Assets : $0.00 Mil (As of . 20)


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What is Btab Ecommerce Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Btab Ecommerce Group's intangible assets for the quarter that ended in . 20 was $0.00 Mil.


Btab Ecommerce Group Intangible Assets Historical Data

The historical data trend for Btab Ecommerce 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.

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Btab Ecommerce Group Intangible Assets Chart

Btab Ecommerce Group Annual Data
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Btab Ecommerce Group Quarterly Data
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Btab Ecommerce 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.


Btab Ecommerce Group  (OTCPK:BBTT) 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.


Btab Ecommerce Group Intangible Assets Related Terms

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Btab Ecommerce Group (Btab Ecommerce Group) Business Description

Traded in Other Exchanges
N/A
Address
264 George Street, Australia Square Level 33, Sydney, NSW, AUS, 2000
Btab Ecommerce Group Inc is a next-generation e-commerce company with significant social impact. The company believes that every small business deserves an equal opportunity to succeed in the modern retail market, and it makes it happen. It provides e-commerce and social commerce solutions to help small businesses succeed in both the online and offline space. Its long-term plan is to become the world's largest product supplier for small businesses using e-commerce technology as a distribution tool.