Pincon Spirit (NSE:PINCON) Intangible Assets: ₹85 Mil (As of Sep. 2017)

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What is Pincon Spirit Intangible Assets?

Pincon Spirit NSE:PINCON Intangible Assets is ₹85 Mil as of Sep. 2017.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pincon Spirit's intangible assets for the quarter that ended in Sep. 2017 was ₹85 Mil.

Pincon Spirit  (NSE:PINCON) 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.

Pincon Spirit Intangible Assets Related Terms

Pincon Spirit Intangible Assets Historical Data

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The historical data trend for Pincon Spirit'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.

Pincon Spirit Intangible Assets Chart

Pincon Spirit Annual Data
Trend Mar14 Mar15 Mar16 Mar17
Intangible Assets
3.63 88.27 88.27 84.57

Pincon Spirit Semi-Annual Data
Mar14 Mar15 Mar16 Sep16 Mar17 Sep17
Intangible Assets Get a 7-Day Free Trial 88.27 88.27 88.27 84.57 84.57

Pincon Spirit 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 ₹85 Mil mean?
Pincon Spirit (NSE:PINCON) has a Intangible Assets of ₹85 Mil as of Sep. 2017. Intangible assets include patents, goodwill and trade secrets. View historical data on Pincon Spirit and its competitors.
Is Pincon Spirit's Intangible Assets too high?
Pincon Spirit's current Intangible Assets is ₹85 Mil.
How does Pincon Spirit's Intangible Assets compare to THST and JCTG?
Pincon Spirit's Intangible Assets of ₹85 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Intangible Assets depends on the Beverages - Alcoholic 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 Pincon Spirit and its competitors. Pincon Spirit's current Intangible Assets is ₹85 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pincon Spirit stock overvalued right now?
Pincon Spirit (NSE:PINCON) has a current Intangible Assets of ₹85 Mil. The current Intangible Assets is ₹85 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 Pincon Spirit (NSE:PINCON), the current Intangible Assets is ₹85 Mil as of Sep. 2017. 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.

Pincon Spirit Business Description

Address Number 103, 3rd Floor, Samskruthi Chambers, K.H Road, Shanthi Nagar, Bengaluru, KA, IND, 560027
Pincon Spirit Ltd is engaged in blending, bottling and wholesale distributions of Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) and refining, packaging and wholesale distributions of fast moving consumer goods. The company derives its revenue from its Indian Made Foreign Liquor (IMFL), Indian Made Indian Liquor (IMIL) segment. The Edible oils business segment is engaged in the manufacture of edible oils and the Company owns a refining and packaging unit.