LSCG (Lighting Science Group) Intangible Assets: $3.57 Mil (As of Mar. 2017)

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What is Lighting Science Group Intangible Assets?

Lighting Science Group LSCG Intangible Assets is $3.57 Mil as of Mar. 2017.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Lighting Science Group's intangible assets for the quarter that ended in Mar. 2017 was $3.57 Mil.

Lighting Science Group  (OTCPK:LSCG) 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.

Lighting Science Group Intangible Assets Related Terms

Lighting Science Group Intangible Assets Historical Data

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The historical data trend for Lighting Science Group'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.

Lighting Science Group Intangible Assets Chart

Lighting Science Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.85 2.57 3.03 3.50

Lighting Science Group Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 3.15 3.36 3.37 3.50 3.57

Lighting Science Group 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 $3.57 Mil mean?
Lighting Science Group (LSCG) has a Intangible Assets of $3.57 Mil as of Mar. 2017. Intangible assets include patents, goodwill and trade secrets. View historical data on Lighting Science Group and its competitors.
Is Lighting Science Group's Intangible Assets too high?
Lighting Science Group's current Intangible Assets is $3.57 Mil.
How does Lighting Science Group's Intangible Assets compare to GNAL and WAYS?
Lighting Science Group's Intangible Assets of $3.57 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Intangible Assets depends on the Industrial Products 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 Lighting Science Group and its competitors. Lighting Science Group's current Intangible Assets is $3.57 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lighting Science Group stock overvalued right now?
Lighting Science Group (LSCG) has a current Intangible Assets of $3.57 Mil. The current Intangible Assets is $3.57 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 Lighting Science Group (LSCG), the current Intangible Assets is $3.57 Mil as of Mar. 2017. 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.

Lighting Science Group Business Description

Address 1350 Division Road, Suite 204, West Warwick, RI, USA, 02893
Lighting Science Group Corp provides LED solutions for home and businesses. Its products include LED lights, biological lamps, types of bulbs, LED tubes, grow light, solar street light, durabulb etc. The company has patents for its most of the products.