GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Machhapuchchhre Bank Ltd (XNEP:MBL) » Definitions » Intangible Assets

Machhapuchchhre Bank (XNEP:MBL) Intangible Assets : NPR123 Mil (As of Oct. 2024)


View and export this data going back to . Start your Free Trial

What is Machhapuchchhre Bank Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Machhapuchchhre Bank's intangible assets for the quarter that ended in Oct. 2024 was NPR123 Mil.


Machhapuchchhre Bank Intangible Assets Historical Data

The historical data trend for Machhapuchchhre Bank'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.

Machhapuchchhre Bank Intangible Assets Chart

Machhapuchchhre Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.01 65.71 127.33 128.05 134.62

Machhapuchchhre Bank Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Oct24
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 134.62 129.49 158.86 129.41 123.49

Machhapuchchhre Bank 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.


Machhapuchchhre Bank  (XNEP:MBL) 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.


Machhapuchchhre Bank Intangible Assets Related Terms

Thank you for viewing the detailed overview of Machhapuchchhre Bank's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Machhapuchchhre Bank Business Description

Traded in Other Exchanges
N/A
Address
Lazimpat, MBL Tower, Kathmandu, NPL, 12427
Machhapuchchhre Bank Ltd provides commercial banking services in Nepal. Its products and services cover deposits, loans, visa debit cards, mobile money, SME banking, remittance services, ATM services, internet banking, locker facility, and trade product. The bank also launched loan products for small-scale farmers, youths, and women entrepreneurs involved in small businesses. Its operating segment includes Banking; Treasury; Transaction Banking and Others. The company generates maximum revenue from the Banking segment.