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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nuverra Environmental Solutions's intangible assets for the quarter that ended in Sep. 2021 was $0.16 Mil.
The historical data trend for Nuverra Environmental Solutions'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.
Nuverra Environmental Solutions Annual Data | |||||||||||||||||||||
Trend | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | |||||||||||
Intangible Assets | Get a 7-Day Free Trial | 14.31 | 27.69 | 30.63 | 0.64 | 0.19 |
Nuverra Environmental Solutions Quarterly Data | ||||||||||||||||||||
Dec16 | Mar17 | Jun17 | Sep17 | Dec17 | Mar18 | Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | |
Intangible Assets | Get a 7-Day Free Trial | 0.30 | 0.19 | 0.18 | 0.17 | 0.16 |
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.
Nuverra Environmental Solutions (AMEX:NES) 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.
Thank you for viewing the detailed overview of Nuverra Environmental Solutions's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Gates Capital Management, L.p. | 10 percent owner | 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 |
John Griggs | director | C/O RUBICON, 7850 NORTH SAM HOUSTON PARKWAY WEST, HOUSTON TX 77064 |
Michael Y Mcgovern | director | 700 LOUISIANA, STE 4300, HOUSTON TX 77002 |
Kim M Proctor | officer: See Remarks | 6720 N. SCOTTSDALE RD. 190 SCOTTSDALE AZ 85253 |
Joseph M Crabb | officer: EVP & Chief Legal Officer | C/O NUVERRA ENVIRONMENTAL SOLUTIONS, INC 14624 N. SCOTTSDALE ROAD, SUITE 300 SCOTTSDALE AZ 85254 |
Robert Young Fox | officer: President & COO | 14624 N. SCOTTSDALE RD. STE. 300 SCOTTSDALE AZ 85254 |
Charles K. Thompson | director, officer: See Remarks | C/O PINHIGH CAPITAL PARTNERS 3900 ESSEX LANE, SUITE 400 HOUSTON TX 77027 |
Gates Capital Management, Inc. | 10 percent owner | 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 |
Jeffrey L Gates | 10 percent owner | 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 |
Gates Capital Management Gp, Llc | 10 percent owner | 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036 |
Ascribe Iii Investments Llc | 10 percent owner | 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171 |
American Securities Llc | 10 percent owner | 590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022 |
Ascribe Opportunities Fund Iii(b), L.p. | 10 percent owner | C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000 |
Ascribe Management Llc | 10 percent owner | 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171 |
Ascribe Ii Investments Llc | 10 percent owner | 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171 |
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