Haldane Mccall (NSA:HMCALL) Intangible Assets: ₦0 Mil (As of Dec. 2013)

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What is Haldane Mccall Intangible Assets?

Haldane Mccall NSA:HMCALL +9.38% Intangible Assets is ₦0 Mil as of Dec. 2013.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Haldane Mccall's intangible assets for the quarter that ended in Dec. 2013 was ₦0 Mil.

Haldane Mccall  (NSA:HMCALL) 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.

Haldane Mccall Intangible Assets Related Terms

Haldane Mccall Intangible Assets Historical Data

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The historical data trend for Haldane Mccall'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.

Haldane Mccall Intangible Assets Chart

Haldane Mccall Annual Data
Trend Dec11 Dec12 Dec13
Intangible Assets
0.00 0.00 0.00

Haldane Mccall Semi-Annual Data
Dec11 Dec12 Dec13
Intangible Assets 0.00 0.00 0.00

Haldane Mccall 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?
Haldane Mccall (NSA:HMCALL) has a Intangible Assets of ₦0 Mil as of Dec. 2013. Intangible assets include patents, goodwill and trade secrets. View historical data on Haldane Mccall and its competitors.
Is Haldane Mccall's Intangible Assets too high?
Haldane Mccall's current Intangible Assets is ₦0 Mil.
How does Haldane Mccall's Intangible Assets compare to ?
Haldane Mccall's Intangible Assets of ₦0 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Intangible Assets depends on the Real Estate 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 Haldane Mccall and its competitors. Haldane Mccall'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 Haldane Mccall stock overvalued right now?
Haldane Mccall (NSA:HMCALL) has a current Intangible Assets of ₦0 Mil. The current Intangible Assets is ₦0 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 Haldane Mccall (NSA:HMCALL), the current Intangible Assets is ₦0 Mil as of Dec. 2013. 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.

Haldane Mccall Business Description

Comparable Companies
Address 2 Sobo Arobiodu Street, Suru House, Ikeja GRA, Lagos, NGA
Haldane Mccall PLC is a real estate development and hotel business company. It owns and operates the Western Hotel Brand in Nigeria, Suru Express Hotels in West Africa and Suru Homes Limited.