GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Quantum Energy Corp (OTCPK:FLCX) » Definitions » Intangible Assets

Quantum Energy (Quantum Energy) Intangible Assets : $0.00 Mil (As of Sep. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Quantum Energy Intangible Assets?

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


Quantum Energy Intangible Assets Historical Data

The historical data trend for Quantum Energy'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.

Quantum Energy Intangible Assets Chart

Quantum Energy Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Intangible Assets
Get a 7-Day Free Trial - - - - -

Quantum Energy Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 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 - - - - -

Quantum Energy 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.


Quantum Energy  (OTCPK:FLCX) 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.


Quantum Energy Intangible Assets Related Terms

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


Quantum Energy (Quantum Energy) Business Description

Traded in Other Exchanges
N/A
Address
1282 A Cornwall Road, Oakville, ON, CAN, L6J 7W5
FlooidCX Corp acts as an online complaint resolution platform for consumers and businesses. The company offers unified communications and collaboration in online CRM solutions - GripeVine and Resolution1. It offers a proprietary complaint-resolution platform for the facilitation and management of social customer service via centralized communication, rating, and review tools. The tools offered to reward reliable consumers and responsive businesses. Its platform includes the handling of ratings, reviews, complaint resolution statuses while offering data collection features such as scoring, polling, comments, voting, and credibility points.
Executives
Dennis M Danzik director, officer: CEO 14747 N. NORTHSIGHT BLVD, STE.111-218, SCOTTSDALE AZ 85260
Kifu Llc 10 percent owner 2505 ANTHEM VILLAGE DRIVE, SUITE E-334, HENDERSON NV 89052
William Westbrook director P.O. BOX 431, VERNON AZ 85940
Craig N Kitchen director 11201 N. TATUM BLVD.,, SUITE 110, SCOTTSDALE AZ 85028
Douglas Charles Bean 10 percent owner, other: shareholder 2728 CAROLINA BLUE AVE, HENDERSON NV 89052
Mark Vange director, officer: Chief Technical Officer 1282A CORNWALL ROAD, OAKVILLE A6 LGJ 7W5
Helen Bernardino director 1282A CORNWALL ROAD, OAKVILLE A6 L6J 7W5
Richard Hue 10 percent owner 1282A CORNWALL ROAD, OAKVILLE Z4 L6J 7W5