GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Athena Bitcoin Global (OTCPK:ABIT) » Definitions » Intangible Assets

Athena Bitcoin Global (Athena Bitcoin Global) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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

What is Athena Bitcoin Global Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Athena Bitcoin Global's intangible assets for the quarter that ended in Sep. 2023 was $0.00 Mil.


Athena Bitcoin Global Intangible Assets Historical Data

The historical data trend for Athena Bitcoin Global'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.

Athena Bitcoin Global Intangible Assets Chart

Athena Bitcoin Global Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Athena Bitcoin Global Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Sep22 Sep23
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 - - - - -

Athena Bitcoin Global 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.


Athena Bitcoin Global  (OTCPK:ABIT) 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.


Athena Bitcoin Global Intangible Assets Related Terms

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


Athena Bitcoin Global (Athena Bitcoin Global) Business Description

Traded in Other Exchanges
N/A
Address
1332 N Halsted Street, Suite 403, Chicago, IL, USA, 60642
Athena Bitcoin Global is engaged in the cryptocurrency business. The company operates Bitcoin and other crypto ATMs throughout North and South America.

Athena Bitcoin Global (Athena Bitcoin Global) Headlines

From GuruFocus

GamePlan Inc. Announces Acquisition of Athena Bitcoin Inc.

By Marketwired Marketwired 02-04-2020