PRPI (Perpetual Industries) Intangible Assets: $8.19 Mil (As of Dec. 2022)


What is Perpetual Industries Intangible Assets?

Perpetual Industries PRPI +0.03% Intangible Assets is $8.19 Mil as of Dec. 2022.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Perpetual Industries's intangible assets for the quarter that ended in Dec. 2022 was $8.19 Mil.

Perpetual Industries  (OTCPK:PRPI) 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.

Perpetual Industries Intangible Assets Related Terms

Perpetual Industries Intangible Assets Historical Data

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The historical data trend for Perpetual Industries'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.

Perpetual Industries Intangible Assets Chart

Perpetual Industries Annual Data
Trend Jul13 Jul14 Jul15 Dec21 Dec22
Intangible Assets
0.00 0.00 0.00 8.72 8.19

Perpetual Industries Semi-Annual Data
Jul13 Jul14 Jul15 Dec21 Dec22
Intangible Assets 0.00 0.00 0.00 8.72 8.19

Perpetual Industries 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 $8.19 Mil mean?
Perpetual Industries (PRPI) has a Intangible Assets of $8.19 Mil as of Dec. 2022. Intangible assets include patents, goodwill and trade secrets. View historical data on Perpetual Industries and its competitors.
Is Perpetual Industries' Intangible Assets too high?
Perpetual Industries' current Intangible Assets is $8.19 Mil.
How does Perpetual Industries' Intangible Assets compare to BRBL and JKSM?
Perpetual Industries' Intangible Assets of $8.19 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Intangible Assets depends on the Industrial Products 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 Perpetual Industries and its competitors. Perpetual Industries's current Intangible Assets is $8.19 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perpetual Industries stock overvalued right now?
Perpetual Industries (PRPI) has a current Intangible Assets of $8.19 Mil. The current Intangible Assets is $8.19 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 Perpetual Industries (PRPI), the current Intangible Assets is $8.19 Mil as of Dec. 2022. 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.

Perpetual Industries Business Description

Address 2193 Rotunda Drive, Auburn, IN, USA, 46706
Perpetual Industries Inc is a U.S.-based company focused on the growth and market expansion of its wholly owned subsidiary, The Worldwide Group, LLC, which operates as Worldwide Auctioneers, is a boutique auction firm specializing in the sale and acquisition of classic and vintage motorcars, generating its primary revenues through live and online auctions held across the United States. The company serves a clientele of automotive collectors and enthusiasts. Along with its auction events, the company offers a comprehensive suite of personalized services, including private car sales appraisals, collection management, estate planning, and asset consultancy.