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GeoJunxion NV (XAMS:GOJXN) Intangible Assets : €6.22 Mil (As of Jun. 2023)


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What is GeoJunxion NV Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. GeoJunxion NV's intangible assets for the quarter that ended in Jun. 2023 was €6.22 Mil.


GeoJunxion NV Intangible Assets Historical Data

The historical data trend for GeoJunxion NV'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.

GeoJunxion NV Intangible Assets Chart

GeoJunxion NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.13 6.89 6.59 6.39 6.22

GeoJunxion NV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jun21 Jun22 Jun23
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 10.13 6.89 6.59 6.39 6.22

GeoJunxion NV 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.


GeoJunxion NV  (XAMS:GOJXN) 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.


GeoJunxion NV Intangible Assets Related Terms

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GeoJunxion NV (XAMS:GOJXN) Business Description

Traded in Other Exchanges
N/A
Address
Rivium Quadrant 75, 9th Floor, Capelle aan den IJssel, ZH, NLD, 2909 LC
GeoJunxion NV manufactures and supplies digital maps that are used for location-based services for mobile phones, the internet, and desktop applications. The company's digital maps are used in smartphones, car navigation, internet-based mapping, fleet management, and other applications. It also focuses on providing location-based services, location-based marketing, internet and wireless, logistics and fleet management, and geo-informatics services. The company earns maximum revenue by granting licenses to use the geographic data drawn from the database. Geographically the company earns revenue from the Europe and North America regions, of which the majority of the revenue is derived from North America.

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