Euro Group Laminations SpA (FRA:QK9) Intangible Assets : €17.7 Mil (As of Jun. 2024)

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

What is Euro Group Laminations SpA Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Euro Group Laminations SpA's intangible assets for the quarter that ended in Jun. 2024 was €17.7 Mil.

Euro Group Laminations SpA Intangible Assets Historical Data

The historical data trend for Euro Group Laminations SpA'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.

Euro Group Laminations SpA Intangible Assets Chart

Euro Group Laminations SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

1.50

2.14

2.44

2.77

18.06

Euro Group Laminations SpA Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Intangible Assets	Get a 7-Day Free Trial			-	2.77	2.48	18.06	17.75

Euro Group Laminations SpA 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 Group Laminations SpA (FRA:QK9) 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 Group Laminations SpA Intangible Assets Related Terms

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

Euro Group Laminations SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Euro Group Laminations SpA (FRA:QK9) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

EGLA:Italy QK9:Germany

Address

Via Stella Rosa, 48, Baranzate, Milan, ITA, 20021

Website

https://www.euro-group.it

Euro Group Laminations SpA develops and produces stators and rotors for rotating electrical machines and large electric motors. The group is organized into two operating segments; the EV and Automotive segment which derives maximum revenue, represents the sale of rotors and stators used in electric vehicle traction systems, as well as in non-drive applications in automobiles. The Industrial segment produces components mainly for the home, logistics, energy, Pumps, HVAC, tools, and diversified industries. Geographically, the company derives a majority of its revenue from Italy and the rest from Mexico, the United States, China, and other regions.

Euro Group Laminations SpA Headlines

No Headlines