Doosan Robotics (XKRX:454910) Intangible Assets : ₩13,234 Mil (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Doosan Robotics Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Doosan Robotics's intangible assets for the quarter that ended in Dec. 2023 was ₩13,234 Mil.

Doosan Robotics Intangible Assets Historical Data

The historical data trend for Doosan Robotics'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.

Doosan Robotics Intangible Assets Chart

Doosan Robotics Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

Get a 7-Day Free Trial

2,490.79

2,017.40

2,056.11

6,677.42

13,234.04

Doosan Robotics Quarterly Data
	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Intangible Assets	Get a 7-Day Free Trial			-	6,677.42	11,768.27	11,333.36	13,234.04

Doosan Robotics 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.

Doosan Robotics (XKRX:454910) 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.

Doosan Robotics Intangible Assets Related Terms

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

Doosan Robotics (XKRX:454910) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Doosan Robotics Inc (XKRX:454910) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

79, Saneop-ro 156beon-gil, Gwonseon-gu, Suwon-si, Gyeonggi-do, Seoul, KOR

Website

https://www.doosanrobotics.com

Doosan Robotics Inc is company is engaged in the business of manufacturing industrial robots, especially collaborative robots. Collaborative robots are a next-generation robot that overcomes the limitations of existing industrial robots (risk, high difficulty in use, and high price), and are emerging as a new concept. The company consists of a single business division that sells products and products related to collaborative robots, it not only conducts sales for customers located in Korea, but also conducts sales for some overseas customers, including the overseas bases of domestic customers, thereby distributing and selling products worldwide.

Doosan Robotics (XKRX:454910) Headlines

No Headlines