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East Africa Metals (East Africa Metals) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is East Africa Metals Intangible Assets?

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


East Africa Metals Intangible Assets Historical Data

The historical data trend for East Africa Metals'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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East Africa Metals Intangible Assets Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intangible Assets
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East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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East Africa Metals 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.


East Africa Metals  (OTCPK:EFRMF) 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.


East Africa Metals Intangible Assets Related Terms

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East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

East Africa Metals (East Africa Metals) Headlines

From GuruFocus

East Africa Grants Options

By GlobeNewswire GlobeNewswire 06-08-2019

East Africa Receives Final Payment in Adyabo Transaction

By PRNewswire PRNewswire 12-02-2019

East Africa Metals Announces an Extension to Related Party Loan

By GlobeNewswire GlobeNewswire 10-16-2018

East Africa Metals Provides Corporate Update

By GlobeNewswire GlobeNewswire 05-27-2019

East Africa Metals Private Placement

By GlobeNewswire GlobeNewswire 02-12-2019

East Africa Grants Options

By GlobeNewswire GlobeNewswire 06-30-2018

East Africa Metals Extends Closing of Private Placement

By GlobeNewswire GlobeNewswire 03-28-2019