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Founders Metals (TSXV:FDR) Intangible Assets : C$0.00 Mil (As of Nov. 2024)


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What is Founders Metals Intangible Assets?

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


Founders Metals Intangible Assets Historical Data

The historical data trend for Founders Metals'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.

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Founders Metals Intangible Assets Chart

Founders Metals Annual Data
Trend Aug06 Aug07 Aug08 Aug09 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Intangible Assets
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Founders Metals Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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Founders Metals 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.


Founders Metals  (TSXV:FDR) 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.


Founders Metals Intangible Assets Related Terms

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Founders Metals Business Description

Traded in Other Exchanges
Address
250 Southridge NW, Suite 300, Edmonton, AB, CAN, T6H 4M9
Founders Metals Inc is a mineral exploration company specializing in acquiring and developing mineral resource assets. The Company focuses on acquiring and advancing gold projects in the Guiana Shield.
Executives
Kevin Andrew Vienneau Director
Pascal Voegeli Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Colin Padget Director, Senior Officer
Roy Bonnell 10% Security Holder, Director
Justin Bourassa Senior Officer

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