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Cyber Apps World (Cyber Apps World) Intangible Assets : $0.00 Mil (As of Jan. 2024)


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What is Cyber Apps World Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Cyber Apps World's intangible assets for the quarter that ended in Jan. 2024 was $0.00 Mil.


Cyber Apps World Intangible Assets Historical Data

The historical data trend for Cyber Apps World'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.

Cyber Apps World Intangible Assets Chart

Cyber Apps World Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.38 1.39 0.42 0.49

Cyber Apps World Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.47 0.48 0.49 0.49 -

Cyber Apps World 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.


Cyber Apps World  (OTCPK:CYAP) 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.


Cyber Apps World Intangible Assets Related Terms

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Cyber Apps World (Cyber Apps World) Business Description

Traded in Other Exchanges
N/A
Address
9436 W. Lake Mead Boulevard, Suite 5-53, Las Vegas, NV, USA, 89134
Cyber Apps World Inc is a company which has been engaged in the development of mobile applications focusing on allowing users around the world to save money on products and services from member merchants and suppliers instantly with mobile coupons, using their desktops and/or mobile devices, including smartphones.
Executives
Zenith Energy Ltd 10 percent owner SUITE 2400, 745 THURLOW STREET, VANCOUVER A1 V6E 0C5
Luca Benedetto director, 10 percent owner, officer: President and Treasurer 6, VIA RODARI, LUGANO V8 CH-6900
Ippolito Cattaneo director, officer: Secretary 6, VIA RODARI, LUGANO V8 CH-6900
Dario Sodero director, 10 percent owner BOX 9, SITE 3, R.R. 2,, OKOTOKS A0 T1S 1A2
Ayaz Kassam officer: President 1801 LAKE SHORE WEST UNIT 8, BOX 52813, MISSISSAUGA A6 L5J4S0
Holly Roseberry director, officer: CEO C/O WHISTLER INVESTMENT INC, 5001 E BONANZA DR STE. 144-145, LAS VEGAS NV 89110
Hybrid Technologies Inc. 10 percent owner 4894 LONE MOUNTAIN # 168, LAS VEGAS NV 89130
Chen Jason Wu director, officer: President & CEO
Udaya Madanayake director, officer: CFO & Treasurer 1532 MANNING AVENUE, PORT COQUITLAM A1 V3B 1K5
Tony Castro director, officer: Secretary 1402 SHARPEWOOD PLACE, COQUITLAM A1 V3E 2W6