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Murchison Minerals (TSXV:MUR) Intangible Assets : C$0.00 Mil (As of Sep. 2024)


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What is Murchison Minerals Intangible Assets?

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


Murchison Minerals Intangible Assets Historical Data

The historical data trend for Murchison 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.

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Murchison Minerals Intangible Assets Chart

Murchison Minerals Annual Data
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Intangible Assets
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Murchison Minerals Quarterly Data
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Murchison 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.


Murchison Minerals  (TSXV:MUR) 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.


Murchison Minerals Intangible Assets Related Terms

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Murchison Minerals Business Description

Traded in Other Exchanges
Address
5063 North Service Road, Suite 100, Burlington, ON, CAN, L7L 5H6
Murchison Minerals Ltd is a Canadian based exploration company. The principal business of the Company is the acquisition, exploration and evaluation of mineral property interests. Company project includes BMK Project, HPM Project and LAC PARADIS.
Executives
Troy Darren Boisjoli Senior Officer
Erik H. Martin Senior Officer
John Shmyr Senior Officer
Jean-charles Potvin Director, Senior Officer
Robert Douglas Cudney 10% Security Holder