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Slam Exploration (Slam Exploration) Intangible Assets : $0.00 Mil (As of Oct. 2023)


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What is Slam Exploration Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Slam Exploration's intangible assets for the quarter that ended in Oct. 2023 was $0.00 Mil.


Slam Exploration Intangible Assets Historical Data

The historical data trend for Slam Exploration'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.

Slam Exploration Intangible Assets Chart

Slam Exploration Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Intangible Assets
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Slam Exploration Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Slam Exploration 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.


Slam Exploration  (OTCPK:SLMXF) 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.


Slam Exploration Intangible Assets Related Terms

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


Slam Exploration (Slam Exploration) Business Description

Traded in Other Exchanges
Address
295 Hutchison Drive, Miramichi, NB, CAN, E1V 6C7
Slam Exploration Ltd is a mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of exploration and evaluation properties in New Brunswick, Nova Scotia, and Ontario, Canada. Some of the company's properties are Menneval Gold Project, Mt. Victor Property, and others.

Slam Exploration (Slam Exploration) Headlines

From GuruFocus

SLAM Diamond Drill Core Assays up to 56.9 g/t Gold

By Value_Insider Value_Insider 11-22-2022

SLAM Vends Copper Zinc Silver Mineral Claims

By GlobeNewswire GlobeNewswire 02-21-2023

Slam Closes Acquisition of Mine Road Project

By ACCESSWIRE 09-28-2023

SLAM Menneval Gold Project Samples Grade Up to 363 g/t Gold

By GlobeNewswire GlobeNewswire 10-07-2020

SLAM Samples Assay Up to 31.5 g/t Gold

By Marketwired 07-20-2023

Slam Acquires New Lithium Project

By GlobeNewswire 10-12-2023

SLAM Appoints New Director

By ACCESSWIRE 09-25-2023

SLAM Awards Diamond Drilling Contract For Maisie Gold

By GlobeNewswire GlobeNewswire 07-16-2020

SLAM Launches Gold Exploration Program

By sperokesalga sperokesalga 04-25-2023

SLAM Announces Intention to Extend Warrants

By PurpleRose PurpleRose 07-25-2022