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Interfor (Interfor) Intangible Assets : $556 Mil (As of Mar. 2024)


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What is Interfor Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Interfor's intangible assets for the quarter that ended in Mar. 2024 was $556 Mil.


Interfor Intangible Assets Historical Data

The historical data trend for Interfor'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.

Interfor Intangible Assets Chart

Interfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 172.50 215.61 371.51 592.27 582.14

Interfor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 557.90 565.48 559.31 582.14 556.29

Interfor 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.


Interfor  (OTCPK:IFSPF) 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.


Interfor Intangible Assets Related Terms

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


Interfor (Interfor) Business Description

Traded in Other Exchanges
Address
1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2
Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

Interfor (Interfor) Headlines

From GuruFocus

Interfor Announces Temporary Production Curtailments in Q1'23

By GlobeNewswire GlobeNewswire 01-11-2023

Interfor Appoints Nicolle Butcher to its Board of Directors

By GlobeNewswire GlobeNewswire 05-19-2023

Third Avenue Comments on Interfor

By Sydnee Gatewood Sydnee Gatewood 07-29-2020

Interfor to Announce First Quarter Results on May 11, 2022

By GlobeNewswire GlobeNewswire 04-11-2022

Interfor to Announce First Quarter Results on May 7, 2020

By GlobeNewswire GlobeNewswire 04-07-2020

Interfor Announces Temporary Production Curtailments in Q4'22

By GlobeNewswire GlobeNewswire 10-20-2022

Interfor Provides Update on Recent Business Initiatives

By GlobeNewswire GlobeNewswire 03-26-2020

Interfor Reports Q2'23 Results

By GlobeNewswire 08-03-2023

Interfor to Announce Second Quarter Results on August 6, 2020

By GlobeNewswire GlobeNewswire 07-06-2020