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Mexus Gold US (Mexus Gold US) Intangible Assets : $0.00 Mil (As of Dec. 2022)


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What is Mexus Gold US Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Mexus Gold US's intangible assets for the quarter that ended in Dec. 2022 was $0.00 Mil.


Mexus Gold US Intangible Assets Historical Data

The historical data trend for Mexus Gold US'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.

* Premium members only.

Mexus Gold US Intangible Assets Chart

Mexus Gold US Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Intangible Assets
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Mexus Gold US Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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Mexus Gold US 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.


Mexus Gold US  (OTCPK:MXSG) 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.


Mexus Gold US Intangible Assets Related Terms

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Mexus Gold US (Mexus Gold US) Business Description

Traded in Other Exchanges
N/A
Address
1805 N. Carson Street, Suite 150, Carson, NV, USA, 89701
Mexus Gold US is an exploration stage mining company. The company engages in the evaluation, acquisition, exploration, and advancement of gold, silver, and copper projects in the state of Sonora, Mexico. Its properties include Santa Elena Mine, Ures Property, San Felix Mine, and Sonora.
Executives
Paul Dwight Thompson director, 10 percent owner, officer: CEO, CFO, Secretary PO BOX 1036, WALNUT GROVE CA 95690
Gold Us Mexus director, 10 percent owner, officer: CEO, CFO, Secretary 1805 N. CARSON STREET, #150, CARSON CITY NV 89701
Susie L Johnson director, officer: President, CFO, Secretary 9337 STARGAZE, SAN DIEGO CA 92129
Phillip Eugene Koehnke director, 10 percent owner, officer: President, secretary, CFO PO BOX 235472, ENCINITAS CA 92024

Mexus Gold US (Mexus Gold US) Headlines

From GuruFocus

Mexus Updates Its Shareholders

By ACCESSWIRE ACCESSWIRE 06-27-2022

Update on Mexus' Santa Elena Project

By ACCESSWIRE ACCESSWIRE 05-16-2022

Mexus Sells Gold From Production At Its Santa Elena Mine

By ACCESSWIRE ACCESSWIRE 09-13-2021

Mexus Provides Significant Corporate Changes

By ACCESSWIRE 08-02-2023

Mexus Continues To Produce Gold; Seeks JV at Santa Elena Mine

By ACCESSWIRE ACCESSWIRE 01-10-2022