GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Archon Minerals Ltd (TSXV:ACS) » Definitions » Intangible Assets

Archon Minerals (TSXV:ACS) Intangible Assets : C$0.00 Mil (As of Feb. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Archon Minerals Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Archon Minerals's intangible assets for the quarter that ended in Feb. 2024 was C$0.00 Mil.


Archon Minerals Intangible Assets Historical Data

The historical data trend for Archon Minerals'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.

Archon Minerals Intangible Assets Chart

Archon Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Archon Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Archon Minerals 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.


Archon Minerals  (TSXV:ACS) 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.


Archon Minerals Intangible Assets Related Terms

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


Archon Minerals (TSXV:ACS) Business Description

Traded in Other Exchanges
N/A
Address
323 Jervis Street, Suite 2801, Vancouver, BC, CAN, V6P 3P8
Website
Archon Minerals Ltd is a Canadian based company. It's engaged in mining and exploration of precious stone and metals. The company's primary focus is on the exploration of Diamonds from its Buffer zone project, WO block project and Monument diamond project. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing.

Archon Minerals (TSXV:ACS) Headlines

No Headlines