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American Resources (American Resources) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is American Resources Intangible Assets?

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


American Resources Intangible Assets Historical Data

The historical data trend for American Resources'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.

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American Resources Intangible Assets Chart

American Resources Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
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American Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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American Resources 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.


American Resources  (NAS:AREC) 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.


American Resources Intangible Assets Related Terms

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


American Resources (American Resources) Business Description

Traded in Other Exchanges
N/A
Address
12115 Visionary Way, Fishers, IN, USA, 46038
American Resources Corp is a next-generation, environmentally and socially responsible supplier of high-quality raw materials to the new infrastructure market. The firm is focused on the extraction and processing of metallurgical carbon, an essential ingredient used in steelmaking, critical and rare earth minerals for the electrification market, and reprocessed metal to be recycled. The firm has a growing portfolio of operations located in the Central Appalachian basin of eastern Kentucky and southern West Virginia where premium quality metallurgical carbon and rare earth mineral deposits are concentrated. Its business model provides a significant opportunity to scale its portfolio of assets to meet the growing global infrastructure and electrification markets.
Executives
Kirk Patrick Taylor 10 percent owner, officer: Chief Financial Officer 8856 SOUTH STREET, FISHERS IN 46038
Mark C. Jensen director, 10 percent owner, officer: Chief Executive Officer 8856 SOUTH STREET, FISHERS IN 46038
Golden Properties Ltd. 10 percent owner #500, 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Thomas M. Sauve director, 10 percent owner, officer: President 8856 SOUTH STREET, FISHERS IN 46038
Gerardine G. Botte director 12115 VISIONARY WAY, SUITE 174, FISHERS IN 456038
Michael G. Layman director 7583 WILD MINT COURT, WESTERVILLE OH 43082
Randal V. Stephenson director 35 EAST 84TH STREET, APT. 4C, NEW YORK NY 10028
Taplin Courtenay O. director 9370 METCALF ROAD, WAITE HILL OH 44094
Ian Sadler director 10760 ELDORADO CIRCLE, NOBLESVILLE IN 46060
Tarlis Thompson officer: Chief Operating Officer PO BOX 606, FISHERS IN 46038
William D Bishop director 8856 SOUTH STREET, FISHERS IN 46038
James C New director 7289 GARDEN RD, SUITE 200, RIVIERA BEACH FL 33404
High Tech Fueling, Service & Distribution, Inc. other: Corporation with common owners 7135 COLLINS AVENUE, SUITE 624, MIAMI BEACH FL 33141
Goran Antic 10 percent owner 7135 COLLINS AVE NO. 1234, MIAMI BEACH FL 33141
Indrajith Andrew Weeraratne director, 10 percent owner, officer: Chief Executive Officer 7135 COLLINS AVE NO.624, MIAMI BEACH FL 33141