YVRLF (Liquid Media Group) Intangible Assets: $11.30 Mil (As of Aug. 2022)

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YVRLF Liquid Media Group Ltd YVRLF
16 GF Score
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What is Liquid Media Group Intangible Assets?

Liquid Media Group YVRLF -99.00% 16 Intangible Assets is $11.30 Mil as of Aug. 2022. GuruFocus rates YVRLF with a GF Score™ of 16/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Liquid Media Group's intangible assets for the quarter that ended in Aug. 2022 was $11.30 Mil.

Liquid Media Group  (OTCPK:YVRLF) 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.

Liquid Media Group Intangible Assets Related Terms

Liquid Media Group Intangible Assets Historical Data

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The historical data trend for Liquid Media Group'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.

Liquid Media Group Intangible Assets Chart

Liquid Media Group Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Nov19 Nov20 Nov21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.00 5.37 5.00 4.47

Liquid Media Group Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 4.25 4.47 5.18 11.49 11.30
YVRLF
16GF Score
Liquid Media Group Ltd YVRLF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Liquid Media Group 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $11.30 Mil mean?
Liquid Media Group (YVRLF) has a Intangible Assets of $11.30 Mil as of Aug. 2022. Intangible assets include patents, goodwill and trade secrets. View historical data on Liquid Media Group and its competitors.
Is Liquid Media Group's Intangible Assets too high?
Liquid Media Group's current Intangible Assets is $11.30 Mil. Overall, Liquid Media Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Liquid Media Group's Intangible Assets compare to WINR and GMGT?
Liquid Media Group's Intangible Assets of $11.30 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Interactive Media company?
A good Intangible Assets depends on the Interactive Media industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Liquid Media Group and its competitors. Liquid Media Group's current Intangible Assets is $11.30 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Liquid Media Group stock overvalued right now?
Liquid Media Group (YVRLF) has a current Intangible Assets of $11.30 Mil. The current Intangible Assets is $11.30 Mil. Liquid Media Group's overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Liquid Media Group (YVRLF), the current Intangible Assets is $11.30 Mil as of Aug. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Liquid Media Group Business Description

Address 409 Granville Street, Suite 1000, United Kingdom Building, Vancouver, BC, CAN, V6C 1T2
Liquid Media Group Ltd is an entertainment company with a portfolio of content IP (Intellectual Property) spanning creative industries. Originating in Vancouver's media and entertainment supercluster, the company's mission is to empower storytellers to develop, produce and distribute across channels and platforms. Its operating segment includes investment in video games and investment in the distribution of films.
16GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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