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Pyxis Finvest (BOM:534109) Intangible Assets : ₹0.00 Mil (As of Mar. 2023)


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What is Pyxis Finvest Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pyxis Finvest's intangible assets for the quarter that ended in Mar. 2023 was ₹0.00 Mil.


Pyxis Finvest Intangible Assets Historical Data

The historical data trend for Pyxis Finvest'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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Pyxis Finvest Intangible Assets Chart

Pyxis Finvest Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Intangible Assets
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Pyxis Finvest Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Mar24
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Pyxis Finvest 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.


Pyxis Finvest  (BOM:534109) 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.


Pyxis Finvest Intangible Assets Related Terms

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Pyxis Finvest (BOM:534109) Business Description

Traded in Other Exchanges
N/A
Address
Vidyanagari Marg, CST Road, Level 9 (Unit 801), Centrum House, Kalina, Santacruz (East), Mumbai, MH, IND, 400098
Pyxis Finvest Ltd is an India-based non-banking financial company. It is engaged in rendering non-mortgage loan services mainly for business purposes. In addition, it is also involved in granting loans to individuals. The company also offers loans against securities and provides financing facilities for application in initial public offerings (IPOs) and follow-on public offerings (FPOs).

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