GDEP Advance (TSE:5885) Intangible Assets : 円4 Mil (As of Feb. 2024)

View and export this data going back to 2023. Start your Free Trial

What is GDEP Advance Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. GDEP Advance's intangible assets for the quarter that ended in Feb. 2024 was 円4 Mil.

GDEP Advance Intangible Assets Historical Data

The historical data trend for GDEP Advance'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.

GDEP Advance Intangible Assets Chart

GDEP Advance Annual Data

Trend

May21

May22

May23

Intangible Assets

13.98

10.50

7.01

GDEP Advance Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24
Intangible Assets	Get a 7-Day Free Trial			7.89	7.01	6.14	5.27	4.40

GDEP Advance 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.

GDEP Advance (TSE:5885) 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.

GDEP Advance Intangible Assets Related Terms

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

GDEP Advance (TSE:5885) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » GDEP Advance Inc (TSE:5885) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4-33 Kokubuncho, 8th floor, Sendai Jozenji Building, Aoba-ku, Sendai, JPN, 980-0803

Website

https://info.gdep.co.jp

GDEP Advance Inc is engaged in the Sales Business of hardware and other products that enable advanced processing such as AI learning. The company's products include Graphic boards, Computing boards, FPGA boards, Deep learning boxes, fsv-rm1u4b, and others.

GDEP Advance (TSE:5885) Headlines

No Headlines