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CPNFF (Euro Sun Mining) Intangible Assets : $0.00 Mil (As of Sep. 2024)


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What is Euro Sun Mining Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Euro Sun Mining's intangible assets for the quarter that ended in Sep. 2024 was $0.00 Mil.


Euro Sun Mining Intangible Assets Historical Data

The historical data trend for Euro Sun Mining'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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Euro Sun Mining Intangible Assets Chart

Euro Sun Mining Annual Data
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Intangible Assets
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Euro Sun Mining Quarterly Data
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Euro Sun Mining 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.


Euro Sun Mining  (OTCPK:CPNFF) 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.


Euro Sun Mining Intangible Assets Related Terms

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Euro Sun Mining Business Description

Traded in Other Exchanges
Address
198 Davenport Road, Toronto, ON, CAN, M5T 1J2
Euro Sun Mining Inc operates as an exploration and development company that focuses on gold and copper exploration on its property in Romania. It holds interests in its 100% owned Rovina Valley Project (RVP) located in west-central Romania.

Euro Sun Mining Headlines

From GuruFocus

Euro Sun Enters Into Financing Arrangement

By GlobeNewswire GlobeNewswire 07-09-2022

Euro Sun Mining Inc. Announces Withdrawal of Equity Offering

By GlobeNewswire GlobeNewswire 02-05-2019

Euro Sun Announces 2020 Annual Meeting Results

By GlobeNewswire GlobeNewswire 07-31-2020

Euro Sun Mining Closes $3.1 Million Brokered Private Placement

By GlobeNewswire GlobeNewswire 07-04-2019

Euro Sun Announces 2022 Annual Meeting Results

By GlobeNewswire GlobeNewswire 06-16-2022

Euro Sun Announces $1 Million Private Placement

By GlobeNewswire GlobeNewswire 03-24-2023