African Potash (LSE:AFPO) Intangible Assets: £7.04 Mil (As of Jun. 2016)

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What is African Potash Intangible Assets?

African Potash LSE:AFPO +20.00% Intangible Assets is £7.04 Mil as of Jun. 2016. The stock has 3 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. African Potash's intangible assets for the quarter that ended in Jun. 2016 was £7.04 Mil.

African Potash  (LSE:AFPO) 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.

African Potash Intangible Assets Related Terms

African Potash Intangible Assets Historical Data

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The historical data trend for African Potash'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.

African Potash Intangible Assets Chart

African Potash Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16
Intangible Assets
0.00 8.42 8.58 6.42 7.04

African Potash Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
Intangible Assets Get a 7-Day Free Trial Premium Member Only 8.58 11.30 6.42 6.96 7.04

African Potash 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 £7.04 Mil mean?
African Potash (LSE:AFPO) has a Intangible Assets of £7.04 Mil as of Jun. 2016. Intangible assets include patents, goodwill and trade secrets. View historical data on African Potash and its competitors.
Is African Potash's Intangible Assets too high?
African Potash's current Intangible Assets is £7.04 Mil.
How does African Potash's Intangible Assets compare to RKDA and VEGL?
African Potash's Intangible Assets of £7.04 Mil can be compared against companies in the Agriculture 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 Agriculture company?
A good Intangible Assets depends on the Agriculture 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 African Potash and its competitors. African Potash's current Intangible Assets is £7.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Potash stock overvalued right now?
African Potash (LSE:AFPO) has a current Intangible Assets of £7.04 Mil. The current Intangible Assets is £7.04 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 African Potash (LSE:AFPO), the current Intangible Assets is £7.04 Mil as of Jun. 2016. 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.

African Potash Business Description

Address Richmond House, St Julian's Avenue, St Peter Port, GGY, GY1 1GZ
Block Commodities Ltd is focused on building a platform for the mining, production, and distribution of fertilizer. The business operates through various segments that are Trading, which trades fertilizer; and Exploration, which explores potash properties. The company operates in one geographical segment that is Africa. It has one project namely the Lac Dinga project.