Bac Majestic (LTS:0QCU) Intangible Assets: €0.54 Mil (As of Jun. 2015)

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What is Bac Majestic Intangible Assets?

Bac Majestic LTS:0QCU Intangible Assets is €0.54 Mil as of Jun. 2015. The stock has 1 warning sign investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Bac Majestic's intangible assets for the quarter that ended in Jun. 2015 was €0.54 Mil.

Bac Majestic  (LTS:0QCU) 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.

Bac Majestic Intangible Assets Related Terms

Bac Majestic Intangible Assets Historical Data

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The historical data trend for Bac Majestic'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.

Bac Majestic Intangible Assets Chart

Bac Majestic Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Intangible Assets
Get a 7-Day Free Trial Premium Member Only 8.44 6.02 3.62 1.36 0.79

Bac Majestic Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.03 1.36 0.93 0.79 0.54

Bac Majestic 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 €0.54 Mil mean?
Bac Majestic (LTS:0QCU) has a Intangible Assets of €0.54 Mil as of Jun. 2015. Intangible assets include patents, goodwill and trade secrets. View historical data on Bac Majestic and its competitors.
Is Bac Majestic's Intangible Assets too high?
Bac Majestic's current Intangible Assets is €0.54 Mil.
How does Bac Majestic's Intangible Assets compare to SBSAA and TMGI?
Bac Majestic's Intangible Assets of €0.54 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Intangible Assets depends on the Media - Diversified 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 Bac Majestic and its competitors. Bac Majestic's current Intangible Assets is €0.54 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bac Majestic stock overvalued right now?
Bac Majestic (LTS:0QCU) has a current Intangible Assets of €0.54 Mil. The current Intangible Assets is €0.54 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 Bac Majestic (LTS:0QCU), the current Intangible Assets is €0.54 Mil as of Jun. 2015. 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.

Bac Majestic Business Description

Bac Majestic is engaged in the coproducing and distributing films in France and internationally. It involves in the distribution of films to theaters and on video, as well as to television channels.