GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Pineapple Energy Inc (NAS:PEGY) » Definitions » Intangible Assets

Pineapple Energy (Pineapple Energy) Intangible Assets : $35.65 Mil (As of Mar. 2024)


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

What is Pineapple Energy Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pineapple Energy's intangible assets for the quarter that ended in Mar. 2024 was $35.65 Mil.


Pineapple Energy Intangible Assets Historical Data

The historical data trend for Pineapple Energy'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.

Pineapple Energy Intangible Assets Chart

Pineapple Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Intangible Assets
4.21 2.78 41.09 36.35

Pineapple Energy Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.83 38.61 37.39 36.35 35.65

Pineapple Energy 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.


Pineapple Energy  (NAS:PEGY) 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.


Pineapple Energy Intangible Assets Related Terms

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


Pineapple Energy (Pineapple Energy) Business Description

Traded in Other Exchanges
Address
10900 Red Circle Drive, Minnetonka, MN, USA, 55343
Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings. It provides a full range of installation services, including the design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring and maintenance of residential solar energy systems. The company also offers battery storage to customers in select markets and serves a limited number of enterprise customers.
Executives
Northern Pacific Growth Investment Advisors, Llc 10 percent owner 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Maskin director 40 GRASSMERE AVENUE, OAKDALE NY 11769
Eric Ingvaldson officer: CHIEF FINANCIAL OFFICER 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Roger Hd Lacey director 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Kyle Udseth director, officer: CHIEF EXECUTIVE OFFICER NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Tom Holland director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Mike Siegler officer: Senior Vice President 10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar director, officer: President/CEO 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster director 4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth director
Scott Fluegge officer: VP 12946 66TH ST N, WEST PALM BEACH FL 33412
Scott Gregory Otis officer: VP 18535 SCHROERS FARM ROAD, EDEN PRAIRIE MN 55347