Ngern Tid Lor PCL (BKK:TIDLOR) Intangible Assets : ฿569 Mil (As of Mar. 2024)

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What is Ngern Tid Lor PCL Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Ngern Tid Lor PCL's intangible assets for the quarter that ended in Mar. 2024 was ฿569 Mil.

Ngern Tid Lor PCL Intangible Assets Historical Data

The historical data trend for Ngern Tid Lor PCL'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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Ngern Tid Lor PCL Intangible Assets Chart

Ngern Tid Lor PCL Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

582.47

675.72

626.02

551.30

546.44

Ngern Tid Lor PCL Quarterly Data
	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Intangible Assets	Get a 7-Day Free Trial													546.05	522.29	513.11	546.44	568.64

Ngern Tid Lor PCL 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.

Ngern Tid Lor PCL (BKK:TIDLOR) 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.

Ngern Tid Lor PCL Intangible Assets Related Terms

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Ngern Tid Lor PCL (BKK:TIDLOR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Ngern Tid Lor PCL (BKK:TIDLOR) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

70V0:Germany

Address

428 Ari Hills Building, Phaholyothin Road, 9th - 15th Floor, Samsen Nai Subdistrict, Phaya Thai District, Bangkok, THA, 10400

Website

https://www.ngerntidlor.com

Ngern Tid Lor PCL provides loans and hires purchases for all types of vehicles, non-life insurance brokers, and life insurance brokers. The company's segment includes Non-life insurance broker and Hire-purchase and lending services. It generates maximum revenue from the Hire-purchase and lending services segment.

Ngern Tid Lor PCL (BKK:TIDLOR) Headlines

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