GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quantum Battery Metals Co (OTCPK:BRVVF) » Definitions » Intangible Assets

Quantum Battery Metals Co (Quantum Battery Metals Co) Intangible Assets : $0.00 Mil (As of Oct. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Quantum Battery Metals Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Quantum Battery Metals Co's intangible assets for the quarter that ended in Oct. 2023 was $0.00 Mil.


Quantum Battery Metals Co Intangible Assets Historical Data

The historical data trend for Quantum Battery Metals Co'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.

Quantum Battery Metals Co Intangible Assets Chart

Quantum Battery Metals Co Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Quantum Battery Metals Co Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Quantum Battery Metals Co 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.


Quantum Battery Metals Co  (OTCPK:BRVVF) 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.


Quantum Battery Metals Co Intangible Assets Related Terms

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


Quantum Battery Metals Co (Quantum Battery Metals Co) Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Quantum Battery Metals Co is a mineral exploration company in Canada. It is currently in the process of identifying, exploring, and developing mineral properties. The projects of the company include the Kelso Lithium Property, Nipissing Lorrain Cobalt property, Kahuna Cobalt, Albanel Lithium Property, Property Rabbit Cobalt property, Lac Mistumis Lithium Property, and Rose West Lithium Property.

Quantum Battery Metals Co (Quantum Battery Metals Co) Headlines