Izhstal PAO (MIC:IGST) Intangible Assets: ₽0 Mil (As of Sep. 2023)

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MIC:IGST Izhstal PAO MIC:IGST
17 GF Score
Price ₽3,720.00
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What is Izhstal PAO Intangible Assets?

Izhstal PAO MIC:IGST +3.33% 17 Intangible Assets is ₽0 Mil as of Sep. 2023. GuruFocus rates MIC:IGST with a GF Score™ of 17/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Izhstal PAO's intangible assets for the quarter that ended in Sep. 2023 was ₽0 Mil.

Izhstal PAO  (MIC:IGST) 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.

Izhstal PAO Intangible Assets Related Terms

Izhstal PAO Intangible Assets Historical Data

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The historical data trend for Izhstal PAO'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.

Izhstal PAO Intangible Assets Chart

Izhstal PAO Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 7.11 3.83 0.08

Izhstal PAO Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 Dec21 Sep22 Sep23
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 2.72 0.96 0.08 0.07 0.06
MIC:IGST
17GF Score
Izhstal PAO MIC:IGST
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Izhstal PAO 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 Mil mean?
Izhstal PAO (MIC:IGST) has a Intangible Assets of ₽0 Mil as of Sep. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on Izhstal PAO and its competitors.
Is Izhstal PAO's Intangible Assets too high?
Izhstal PAO's current Intangible Assets is ₽0 Mil. Overall, Izhstal PAO has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Izhstal PAO's Intangible Assets compare to NUE and STLD?
Izhstal PAO's Intangible Assets of ₽0 Mil can be compared against companies in the Steel 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 Steel company?
A good Intangible Assets depends on the Steel 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 Izhstal PAO and its competitors. Izhstal PAO's current Intangible Assets is ₽0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Izhstal PAO stock overvalued right now?
Izhstal PAO (MIC:IGST) has a current Intangible Assets of ₽0 Mil. The current Intangible Assets is ₽0 Mil. Izhstal PAO's overall GF Score™ is 17/100. 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 Izhstal PAO (MIC:IGST), the current Intangible Assets is ₽0 Mil as of Sep. 2023. 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.

Izhstal PAO Business Description

Address Novoazhimova street, 6, Udmurt Republic, Izhevsk, RUS, 426006
Izhstal PAO is a specialty steel and stainless long products manufacturers. It serves a diverse range of markets including aircraft, defense, automotive, agricultural, power, oil and gas and construction industries. The company produces billets, flat and long rolls, structural shapes and sections, rebar, a wide assortment of hardware, stampings and forgings of carbon, construction, engineering, high-speed, stainless, corrosion-resistant and other specialty steels and alloys.
17GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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