GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Industrias Ales SA (QUI:IND) » Definitions » Intangible Assets

Industrias Ales (QUI:IND) Intangible Assets : $0.00 Mil (As of Jun. 2022)


View and export this data going back to 1990. Start your Free Trial

What is Industrias Ales Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Industrias Ales's intangible assets for the quarter that ended in Jun. 2022 was $0.00 Mil.


Industrias Ales Intangible Assets Historical Data

The historical data trend for Industrias Ales'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.

Industrias Ales Intangible Assets Chart

Industrias Ales Annual Data
Trend Dec17 Dec18 Dec19 Dec20
Intangible Assets
- - - -

Industrias Ales Semi-Annual Data
Jun14 Jun15 Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Jun22
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Industrias Ales 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.


Industrias Ales  (QUI:IND) 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.


Industrias Ales Intangible Assets Related Terms

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


Industrias Ales (QUI:IND) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Av Galo Plaza N51-23, Quito, ECU
Industrias Ales SA is an Ecuador-based Agroindustrial company. It is engaged in the manufacturing and marketing of food and cleaning products. The products category of the company include food, confits, Home care and personal care.

Industrias Ales (QUI:IND) Headlines

No Headlines