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Colibri Resource (TSXV:CBI) Intangible Assets : C$0.00 Mil (As of Mar. 2024)


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What is Colibri Resource Intangible Assets?

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


Colibri Resource Intangible Assets Historical Data

The historical data trend for Colibri Resource'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.

Colibri Resource Intangible Assets Chart

Colibri Resource Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec22
Intangible Assets
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Colibri Resource Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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Colibri Resource 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.


Colibri Resource  (TSXV:CBI) 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.


Colibri Resource Intangible Assets Related Terms

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Colibri Resource (TSXV:CBI) Business Description

Traded in Other Exchanges
Address
105 Englehart Street, Suite 700, Dieppe, NB, CAN, E1A 8K2
Colibri Resource Corp is a mineral resource exploration company. It is engaged in the process of acquiring and exploring precious mineral properties in Mexico. The properties of the company are Evelyn Gold, Diamante Gold & Silver, Pilar & Silver, Mezquite Gold, and Jackie Gold & Silver. The company operates in one reportable business segment, being the acquisition and exploration of mineral properties.
Executives
Ian Mcgavney Senior Officer

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