GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SOPerior Fertilizer Corp (OTCPK:POTRF) » Definitions » Intangible Assets

POTRF (SOPerior Fertilizer) Intangible Assets : $0.00 Mil (As of Sep. 2024)


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

What is SOPerior Fertilizer Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. SOPerior Fertilizer's intangible assets for the quarter that ended in Sep. 2024 was $0.00 Mil.


SOPerior Fertilizer Intangible Assets Historical Data

The historical data trend for SOPerior Fertilizer'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.

SOPerior Fertilizer Intangible Assets Chart

SOPerior Fertilizer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SOPerior Fertilizer Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

SOPerior Fertilizer 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.


SOPerior Fertilizer  (OTCPK:POTRF) 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.


SOPerior Fertilizer Intangible Assets Related Terms

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


SOPerior Fertilizer Business Description

Traded in Other Exchanges
Address
5213 Durie Road, Suite 401, Mississauga, ON, CAN, L5M 2C6
SOPerior Fertilizer Corp is an exploration and development-stage company. The company's principal activity is to develop projects focused on the production of sulfate of potash (SOP). Its principal mineral project is the Blawn Mountain project and its manufacturing project is the Valleyfield Fertilizer project. The Blawn Mountain Project is focused on the exploration, development and production of mineral resources for alunite in order to produce SOP, co-product sulphuric acid and alumina. The Corporation manages its business under a single operating segment, consisting of exploration and evaluation activities.

SOPerior Fertilizer Headlines

From GuruFocus

Potash Ridge Announces Resignation of CFO

By GlobeNewswire GlobeNewswire 07-03-2018

SOPerior Provides Update on Private Placement

By GlobeNewswire GlobeNewswire 07-06-2020