GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Intangible Assets

Allied Gold (TSX:AAUC) Intangible Assets : C$0 Mil (As of Dec. 2024)


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

What is Allied Gold Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Allied Gold's intangible assets for the quarter that ended in Dec. 2024 was C$0 Mil.


Allied Gold Intangible Assets Historical Data

The historical data trend for Allied Gold'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.

Allied Gold Intangible Assets Chart

Allied Gold Annual Data
Trend Dec22 Dec23 Dec24
Intangible Assets
- - -

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Allied Gold 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.


Allied Gold  (TSX:AAUC) 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.


Allied Gold Intangible Assets Related Terms

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


Allied Gold Business Description

Traded in Other Exchanges
Address
40 Temperance Street, Suite 2200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Allied Gold Corp is a company focused on gold mining activities in Africa. Allied has three mines and several development and exploration projects in Africa where it has operating experience. Operations are located in Cote d'Ivoire, Mali, and Ethiopia. The company expands and optimizes initiatives at existing operating mines, the development of new mines, the advancement of its exploration properties, and, targeting other consolidation opportunities with a focus on Africa.
Executives
Junior John Jennings Beardsworth Director
Peter Marrone Director, Senior Officer
Gerardo Fernandez-tobar Senior Officer
Gregory Charles Winch Senior Officer
Gwennael Rene Joseph Guillen Senior Officer
Sofia Tsakos Senior Officer
Daniel Racine Director, Senior Officer
Dirk Cornelius Swarts Maree Senior Officer
Pierre Chenard Director
Justin Michael Dibb Director

Allied Gold Headlines

No Headlines