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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Hokuriku Gas Co's intangible assets for the quarter that ended in Mar. 2026 was 円4,114 Mil.
Hokuriku Gas Co (TSE:9537) 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.
Hokuriku Gas Co Intangible Assets Related Terms
Hokuriku Gas Co Intangible Assets Historical Data
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The historical data trend for Hokuriku Gas Co'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.
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.
Hokuriku Gas Co (TSE:9537) has a Intangible Assets of 円4,114 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Hokuriku Gas Co and its competitors.
Is Hokuriku Gas Co's Intangible Assets too high?
Hokuriku Gas Co's current Intangible Assets is 円4,114 Mil. Overall, Hokuriku Gas Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hokuriku Gas Co's Intangible Assets compare to ATO and NI?
Hokuriku Gas Co's Intangible Assets of 円4,114 Mil can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Intangible Assets depends on the Utilities - Regulated 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 Hokuriku Gas Co and its competitors. Hokuriku Gas Co's current Intangible Assets is 円4,114 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hokuriku Gas Co stock overvalued right now?
Based on GuruFocus' analysis, Hokuriku Gas Co (TSE:9537) is currently considered Modestly Overvalued. The stock's GF Value™ is 円3,716.86, compared to a current price of 円4,300.00 — trading 15.7% above its estimated fair value. The current Intangible Assets is 円4,114 Mil. Hokuriku Gas Co's overall GF Score™ is 64/100 with 3 warning signs to review. 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 Hokuriku Gas Co (TSE:9537), the current Intangible Assets is 円4,114 Mil as of Mar. 2026. 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.
Is Hokuriku Gas Co (TSE:9537) Overvalued in 2026?
Based on GuruFocus' analysis, Hokuriku Gas Co stock appears to be overvalued.
The current stock price of 円4,300.00 is trading 15.7% above its estimated GF Value™ of 円3,716.86.
GuruFocus considers Hokuriku Gas Co to be Modestly Overvalued.
Key valuation signals for TSE:9537:
Intangible Assets: 円4,114 Mil
GF Value™: 円3,716.86 vs. price of 円4,300.00 (15.7% above fair value)
No single metric tells the full story. See the TSE:9537 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hokuriku Gas Co Ltd engages in the manufacture, supply, and sale of city gas and gas-related equipment. It is involved in the manufacture, supply, and sale of city gas, as well as the operation of gas works and the sale of gas equipment. The firm also engages in the sale of liquefied petroleum gas (LPG) and LPG equipment, the operation of LPG piping works, gas works and civil engineering works, the design, installation, maintenance, security and inspection of gas equipment, the sale, installation and meter reading of housing facilities and equipment, the leasing and management of buildings, the leasing of business equipment and vehicles, It also undertakes gas construction contracts; and sells gas appliances.
64GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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