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Red Trail Energy LLC (Red Trail Energy LLC) Intangible Assets : $0.0 Mil (As of Mar. 2024)


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What is Red Trail Energy LLC Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Red Trail Energy LLC's intangible assets for the quarter that ended in Mar. 2024 was $0.0 Mil.


Red Trail Energy LLC Intangible Assets Historical Data

The historical data trend for Red Trail Energy LLC'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.

Red Trail Energy LLC Intangible Assets Chart

Red Trail Energy LLC Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Intangible Assets
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Red Trail Energy LLC 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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Red Trail Energy LLC 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.


Red Trail Energy LLC  (OTCPK:REGX) 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.


Red Trail Energy LLC Intangible Assets Related Terms

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Red Trail Energy LLC (Red Trail Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
3682 Highway 8 South, P.O. Box 11, Richardton, ND, USA, 58652
Red Trail Energy LLC is USA based firm engaged in constructing, owning, and operating a fuel-grade ethanol plant near Richardton, North Dakota in western North Dakota. The company's product offering includes ethanol, distillers' grains, and corn oil.
Executives
Jodi Marie Johnson officer: Chief Financial Officer PO BOX 513, MEDORA ND 58645
Anthony Lee Mock director 5665 22ND AVE SE, KINTYRE ND 58549
Kent Wayne Anderson officer: Chief Financial Officer 1767 PRAIRIE AVENUE, DICKINSON ND 58601
Calvin Diehl officer: Chief Executive Officer 3682 HIGHWAY 8 SOUTH, P O BOX 11, RICHARDTON ND 58652
Gerald Bachmeier officer: Interim Chief Executive Office 20897 467TH AVE, MORRIS MN 56267
Sidney A Mauch director 712 WYNDEMERE DRIVE, WEST FARGO ND 58078
Mike Appert director 755 HIGHWAY 34, HAZELTON ND 58544
William Price director 2273 RIVER ROAD, PRICE ND 58530
Jody Hoff director 8601 HIGHWAY 10 EAST, RICHARDTON ND 58652
Mark Klempel officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Mick J Miller officer: President 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652
Roger N Berglund director 104 9TH AVENUE NW, BOWMAN ND 58623
Frank Kirschenheiter director 322 12TH AVENUE WEST, RICHARDTON ND 58652
Tim Meuchel director 510 MAIN AVENUE, HEBRON ND 58638
Bonnie G Eckelberg officer: Chief Financial Officer 3682 HIGHWAY 8 SOUTH, RICHARDTON ND 58652

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