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Winshear Gold (TSXV:WINS) Intangible Assets : C$0.00 Mil (As of Sep. 2024)


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What is Winshear Gold Intangible Assets?

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


Winshear Gold Intangible Assets Historical Data

The historical data trend for Winshear 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.

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Winshear Gold Intangible Assets Chart

Winshear Gold Annual Data
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Intangible Assets
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Winshear Gold Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Winshear 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.


Winshear Gold  (TSXV:WINS) 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.


Winshear Gold Intangible Assets Related Terms

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Winshear Gold Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 960, Vancouver, BC, CAN, V6C 1H2
Winshear Gold Corp is a Canadian-based junior exploration company. It is principally engaged in the exploration and development of the Gaban Gold Project the Tinka Iron Oxide Copper Gold Project in Peru and the SMP Gold Project in Tanzania.
Executives
Stephen Martin Leahy Director, Senior Officer
Richard David Williams 10% Security Holder, Director, Senior Officer
Andrew Thomson Deemed Insider - 6 Months before becoming Insider
Andrew Macritchie Senior Officer
Alistair Waddell Director

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