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Integrated Environmental Technologies (Integrated Environmental Technologies) Intangible Assets : $0.00 Mil (As of Sep. 2016)


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What is Integrated Environmental Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Integrated Environmental Technologies's intangible assets for the quarter that ended in Sep. 2016 was $0.00 Mil.


Integrated Environmental Technologies Intangible Assets Historical Data

The historical data trend for Integrated Environmental Technologies'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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Integrated Environmental Technologies Intangible Assets Chart

Integrated Environmental Technologies Annual Data
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Integrated Environmental Technologies Quarterly Data
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Integrated Environmental Technologies 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.


Integrated Environmental Technologies  (OTCPK:IEVM) 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.


Integrated Environmental Technologies Intangible Assets Related Terms

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Integrated Environmental Technologies (Integrated Environmental Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4235 Commerce Street, Little River, SC, USA, 29566
Integrated Environmental Technologies Ltd is a US based company engaged in the production of a hypochlorous acid based solution, commonly known as anolyte and anti-oxidizing, mildly alkaline solution, commonly known as catholyte. It markets anolyte under the brand name Excelyte and catholyte under the brand name Catholyte Zero. The group also manufactures equipment to produce Excelyte and Catholyte Zero. It sells the products to customers in the oil and gas industry and in other industries. Its oil and gas customers are located in Utah, New Mexico and Texas and the other customers are located in the geographical regions throughout the US. The firm segments its activities in the oil and gas business into three categories, Well Maintenance, Drilling and Completions and Water Remediation.
Executives
Lavance David R Jr director, officer: President and CEO C/O HOLOGIC, INC., BEDFORD MA 01730
Anthony Iii Giordano director 4 KELLY LANE, LONG BRANCH NJ 07740
Kubacki Raymond C Jr director 125 NAGOG PARK, ACTON MA 01720
William E Prince director, officer: President & CEO
Paul Branagan other: Former Director of the Company
Gary Grieco 10 percent owner 10457 W. 84TH TERRACE, LENEXA KS 66214

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