GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Olivut Resources Ltd (OTCPK:OLVRF) » Definitions » Intangible Assets

OLVRF (Olivut Resources) Intangible Assets : $0.00 Mil (As of Jan. 2025)


View and export this data going back to 2013. Start your Free Trial

What is Olivut Resources Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Olivut Resources's intangible assets for the quarter that ended in Jan. 2025 was $0.00 Mil.


Olivut Resources Intangible Assets Historical Data

The historical data trend for Olivut Resources'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.

Olivut Resources Intangible Assets Chart

Olivut Resources Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Olivut Resources Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Olivut Resources 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.


Olivut Resources  (OTCPK:OLVRF) 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.


Olivut Resources Intangible Assets Related Terms

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


Olivut Resources Business Description

Traded in Other Exchanges
Address
P.O. Box 6690, Hinton, AB, CAN, T7V 1X8
Olivut Resources Ltd is a Canadian company that is engaged in the acquisition, exploration, and evaluation of mineral properties for the purpose of mining diamonds and other precious and base minerals. The company holds an interest in the HOAM project, which is located in the Mackenzie Region, Northwest Territories, Canada. It also holds interests in Seahorse Project located in the Northwest Territories. The other projects include Photo Library -HOAM Project and Photo Library -Seahorse Project.

Olivut Resources Headlines