EVSP (Environmental Service Professionals) Intangible Assets: $0.75 Mil (As of Sep. 2009)

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What is Environmental Service Professionals Intangible Assets?

Environmental Service Professionals EVSP Intangible Assets is $0.75 Mil as of Sep. 2009.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Environmental Service Professionals's intangible assets for the quarter that ended in Sep. 2009 was $0.75 Mil.

Environmental Service Professionals  (OTCPK:EVSP) 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.

Environmental Service Professionals Intangible Assets Related Terms

Environmental Service Professionals Intangible Assets Historical Data

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The historical data trend for Environmental Service Professionals'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.

Environmental Service Professionals Intangible Assets Chart

Environmental Service Professionals Annual Data
Trend Jan98 Jan99 Jan00 Dec01 Dec02 Dec04 Dec05 Dec06 Dec07 Dec08
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 9.28 0.00 0.00

Environmental Service Professionals Quarterly Data
Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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 0.00 0.00 0.75 0.75 0.75

Environmental Service Professionals 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $0.75 Mil mean?
Environmental Service Professionals (EVSP) has a Intangible Assets of $0.75 Mil as of Sep. 2009. Intangible assets include patents, goodwill and trade secrets. View historical data on Environmental Service Professionals and its competitors.
Is Environmental Service Professionals' Intangible Assets too high?
Environmental Service Professionals' current Intangible Assets is $0.75 Mil.
How does Environmental Service Professionals' Intangible Assets compare to PRZM and NNUP?
Environmental Service Professionals' Intangible Assets of $0.75 Mil can be compared against companies in the Waste Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Waste Management company?
A good Intangible Assets depends on the Waste Management industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Environmental Service Professionals and its competitors. Environmental Service Professionals's current Intangible Assets is $0.75 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Environmental Service Professionals stock overvalued right now?
Environmental Service Professionals (EVSP) has a current Intangible Assets of $0.75 Mil. The current Intangible Assets is $0.75 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Environmental Service Professionals (EVSP), the current Intangible Assets is $0.75 Mil as of Sep. 2009. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Environmental Service Professionals Business Description

Address 810 N. Farrell Drive, Palm Springs, CA, USA, 92262
Environmental Service Professionals Inc is in the moisture inspection/indoor air quality industry. ESP owns and operates a comprehensive suite of businesses dealing with energy efficiency, environmental issues and resolving environmentally sensitive problems in both residential and commercial markets. ESP offers various inspection services that include energy/efficiency audits for home and commercial property, focused on indoor air quality inspections for toxins including mold, moisture intrusion, radon, lead, VOCís and other pollutants that have an acute and chronic negative impact on the indoor environment and occupant health.