Nizhnekamskshina PJSC (MIC:NKSH) Intangible Assets: ₽121 Mil (As of Dec. 2022)

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MIC:NKSH Nizhnekamskshina PJSC MIC:NKSH
17 GF Score
Price ₽31.70
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What is Nizhnekamskshina PJSC Intangible Assets?

Nizhnekamskshina PJSC MIC:NKSH -0.94% 17 Intangible Assets is ₽121 Mil as of Dec. 2022. GuruFocus rates MIC:NKSH with a GF Score™ of 17/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nizhnekamskshina PJSC's intangible assets for the quarter that ended in Dec. 2022 was ₽121 Mil.

Nizhnekamskshina PJSC  (MIC:NKSH) 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.

Nizhnekamskshina PJSC Intangible Assets Related Terms

Nizhnekamskshina PJSC Intangible Assets Historical Data

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The historical data trend for Nizhnekamskshina PJSC'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.

Nizhnekamskshina PJSC Intangible Assets Chart

Nizhnekamskshina PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.73 9.53 9.97 69.47 121.22

Nizhnekamskshina PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
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 9.97 8.80 69.47 68.29 121.22
MIC:NKSH
17GF Score
Nizhnekamskshina PJSC MIC:NKSH
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Nizhnekamskshina PJSC 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 ₽121 Mil mean?
Nizhnekamskshina PJSC (MIC:NKSH) has a Intangible Assets of ₽121 Mil as of Dec. 2022. Intangible assets include patents, goodwill and trade secrets. View historical data on Nizhnekamskshina PJSC and its competitors.
Is Nizhnekamskshina PJSC's Intangible Assets too high?
Nizhnekamskshina PJSC's current Intangible Assets is ₽121 Mil. Overall, Nizhnekamskshina PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Nizhnekamskshina PJSC's Intangible Assets compare to MBLY and APTV?
Nizhnekamskshina PJSC's Intangible Assets of ₽121 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Intangible Assets depends on the Vehicles & Parts 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 Nizhnekamskshina PJSC and its competitors. Nizhnekamskshina PJSC's current Intangible Assets is ₽121 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nizhnekamskshina PJSC stock overvalued right now?
Nizhnekamskshina PJSC (MIC:NKSH) has a current Intangible Assets of ₽121 Mil. The current Intangible Assets is ₽121 Mil. Nizhnekamskshina PJSC'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 Nizhnekamskshina PJSC (MIC:NKSH), the current Intangible Assets is ₽121 Mil as of Dec. 2022. 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.

Nizhnekamskshina PJSC Business Description

Address Republic Of Tatarstan, Territory of industrial zone, Building 116, office 1., Nizhnekamsk, RUS, 423580
Nizhnekamskshina PJSC is a Russian company engaged in the manufacture of tires for passenger cars and light-duty tires in the CIS countries.
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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