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CyberCatch Holdings (TSXV:CYBE) Intangible Assets : C$0.45 Mil (As of Jan. 2024)


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What is CyberCatch Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. CyberCatch Holdings's intangible assets for the quarter that ended in Jan. 2024 was C$0.45 Mil.


CyberCatch Holdings Intangible Assets Historical Data

The historical data trend for CyberCatch Holdings'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.

CyberCatch Holdings Intangible Assets Chart

CyberCatch Holdings Annual Data
Trend Jul21 Jul22 Jul23
Intangible Assets
0.14 0.61 0.62

CyberCatch Holdings Quarterly Data
Jul21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.73 0.62 0.55 0.45

CyberCatch Holdings 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.


CyberCatch Holdings  (TSXV:CYBE) 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.


CyberCatch Holdings Intangible Assets Related Terms

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CyberCatch Holdings (TSXV:CYBE) Business Description

Traded in Other Exchanges
Address
4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121
CyberCatch Holdings Inc provides a Software as a Service (SaaS) cybersecurity solution to small and medium sized organizations in Canada and the United States. The SaaS solution enables continuous compliance with cybersecurity mandates and cyber risk mitigation via automated benchmarking and testing of cyber security controls to detect and remediate security weaknesses to prevent data thefts and ransomware attacks. The Company operates in one reportable segment, being the cyber security solutions and geographically, majority of its operations are in the United States.
Executives
Mark Healy Director

CyberCatch Holdings (TSXV:CYBE) Headlines