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Pioneer Power Solutions (Pioneer Power Solutions) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is Pioneer Power Solutions Intangible Assets?

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


Pioneer Power Solutions Intangible Assets Historical Data

The historical data trend for Pioneer Power Solutions'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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Pioneer Power Solutions Intangible Assets Chart

Pioneer Power Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
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Pioneer Power Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - - -

Pioneer Power Solutions 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.


Pioneer Power Solutions  (NAS:PPSI) 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.


Pioneer Power Solutions Intangible Assets Related Terms

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Pioneer Power Solutions (Pioneer Power Solutions) Business Description

Traded in Other Exchanges
N/A
Address
400 Kelby Street, 12th Floor, One Parker Plaza, Fort Lee, NJ, USA, 07024
Pioneer Power Solutions Inc manufactures, sells, and services a broad range of specialty electrical transmission, distribution, and on-site power generation equipment for applications in the utility, industrial, commercial and backup power markets. Its principal products and services include custom-engineered electrical transformers, switchgear and engine-generator sets and controls, complemented by a national field-service network to maintain and repair power generation assets. Pioneer Power works in two reportable segments: Transmission and Distribution Solutions (T&D Solutions) and Critical Power Solutions (Critical Power). Pioneer generates most of its revenue from the United States of America.
Executives
Nathan Mazurek 10 percent owner, officer: President, CEO, Chairman C/O PIONEER POWER SOLUTIONS, INC., 400 KELBY STREET 9TH FLOOR, FORT LEE NJ 07024
Kytchener Stevenson Whyte director 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
Wojciech Michalec officer: Interim CFO 400 KELBY STREET, 12TH FLOOR, FORT LEE NJ 07024
A. Lawrence Carroll Trust 10 percent owner 415 L'AMBIANCE DRIVE, APT. 804, LONGBOAT KEY FL 34228
David Tesler director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Jonathan Tulkoff director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Thomas Klink director, officer: See Remarks 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Andrew Minkow director, officer: CFO, Secretary and Treasurer 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Ian Ross director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Yossi Cohn director 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
David J. Landes director, 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Pioneer Partners, L.p. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024
Provident Canada Corp. 10 percent owner 400 KELBY STREET, 9TH FLOOR, FORT LEE NJ 07024