GURUFOCUS.COM » STOCK LIST » Technology » Software » KFin Technologies Ltd (NSE:KFINTECH) » Definitions » Intangible Assets

KFin Technologies (NSE:KFINTECH) Intangible Assets : ₹7,124 Mil (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is KFin Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. KFin Technologies's intangible assets for the quarter that ended in Sep. 2024 was ₹7,124 Mil.


KFin Technologies Intangible Assets Historical Data

The historical data trend for KFin Technologies'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.

KFin Technologies Intangible Assets Chart

KFin Technologies Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Intangible Assets
6,204.94 5,698.71 6,349.86 6,639.36 7,074.38

KFin Technologies Quarterly Data
Mar20 Mar21 Sep21 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6,855.62 - 7,074.38 - 7,123.81

KFin Technologies 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.


KFin Technologies  (NSE:KFINTECH) 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.


KFin Technologies Intangible Assets Related Terms

Thank you for viewing the detailed overview of KFin Technologies's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


KFin Technologies Business Description

Traded in Other Exchanges
Address
Selenium, Tower B, Plot No- 31 and 32, Financial District, Nanakramguda, Serilingampally, Rangareddi, Hyderabad, TG, IND, 500032
KFin Technologies Ltd is a technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong.

KFin Technologies Headlines

No Headlines