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Candela Invest (XBRU:CAND) Intangible Assets : €3.06 Mil (As of Dec. 2023)


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What is Candela Invest Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Candela Invest's intangible assets for the quarter that ended in Dec. 2023 was €3.06 Mil.


Candela Invest Intangible Assets Historical Data

The historical data trend for Candela Invest'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.

Candela Invest Intangible Assets Chart

Candela Invest Annual Data
Trend Jul10 Jul11 Jul12 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
Get a 7-Day Free Trial Premium Member Only 5.35 5.04 4.72 3.97 3.37

Candela Invest Semi-Annual Data
Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 3.97 3.81 3.37 3.21 3.06

Candela Invest 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.


Candela Invest  (XBRU:CAND) 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.


Candela Invest Intangible Assets Related Terms

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Candela Invest Business Description

Traded in Other Exchanges
N/A
Address
The Crescent, Lenniksebaan 451 bus 32, Anderlecht, Bruxelles, BEL, 1070
Candela Invest SA is a sector fund company that focuses on the acquisition of industrial lighting sector and production of waterproof luminaires. Its main objective is the acquisition, active management and disposal of potential.

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