/term/intangibles/BOM:543787 Macfos (BOM:543787) Intangible Assets
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Macfos Ltd (BOM:543787) » Definitions » Intangible Assets

Macfos (BOM:543787) Intangible Assets : ₹3.7 Mil (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Macfos Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Macfos's intangible assets for the quarter that ended in Sep. 2023 was ₹3.7 Mil.


Macfos Intangible Assets Historical Data

The historical data trend for Macfos'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.

Macfos Intangible Assets Chart

Macfos Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Intangible Assets
0.78 0.42 0.71 2.93 3.49

Macfos Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Intangible Assets Get a 7-Day Free Trial 0.71 0.52 2.93 3.66 3.49

Macfos 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.


Macfos  (BOM:543787) 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.


Macfos Intangible Assets Related Terms

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


Macfos (BOM:543787) Business Description

Traded in Other Exchanges
N/A
Address
Bhosari Alandi Road, S. No. 78/1, Sumant Building, Dynamic Logistics Trade Park, Dighi, Pune, MH, IND, 411015
Macfos Ltd is an e-commerce-based Company. The company is focused on the marketing of a broad range of electronic components which finds application in basic and engineering products & projects, including emerging technologies such as IoT, Robotics, automation, Drone, Electric Vehicles, 3D Printing, and Auto Guided Vehicles. The company operates in a single segment of electronic items and parts. The company's portfolio consists of electronics components and parts that facilitate consumers such as manufacturers, electrical & mechanical engineering students, educational institutions, researchers, and developers, to turn their ideas into reality as well as to speed up their product's R&D and prototyping cycle.

Macfos (BOM:543787) Headlines

No Headlines