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CHC Group (CHC Group) Intangible Assets : $83 Mil (As of Oct. 2016)


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What is CHC Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. CHC Group's intangible assets for the quarter that ended in Oct. 2016 was $83 Mil.


CHC Group Intangible Assets Historical Data

The historical data trend for CHC Group'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.

CHC Group Intangible Assets Chart

CHC Group Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 651.70 628.27 610.24 169.60 82.90

CHC Group Quarterly Data
Apr11 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 163.76 160.95 82.90 82.79 82.74

CHC Group 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.


CHC Group  (OTCPK:HELIQ) 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.


CHC Group Intangible Assets Related Terms

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CHC Group (CHC Group) Business Description

Traded in Other Exchanges
N/A
Address
CHC Group Ltd is a commercial helicopter service provider to the offshore oil and gas industry. The company operates in two segments including the Helicopter Services segment which includes flying operations around the world serving offshore oil and gas. Heli-One segment provides helicopter maintenance, repair, and overhaul services for fleet and for an external customer base primarily in Europe, Asia, and North America. The company has a global market presence with the majority of the revenue generated from Norway.
Executives
William L Transier director 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Cd&r Investment Associates Ix, Ltd. 10 percent owner MAPLES CORPORATE SERVICES LIMITED, UGLAND HOUSE, GRAND CAYMAN E9 KY101194
William G. Schrader director HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Francis S Kalman director 777 N ELDRIDGE PARKWAY, HOUSTON TX 77079
Lee Eckert officer: SVP and CFO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Amelio J. William director, officer: President and CEO C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9005
Michael J Oneill officer: Senior Vice President 1299 PENNSYVLANIA AVE NW, HOWREY SIMON ARNOLD & WHITE, WASHINGTON DC 20004
Peter Bartolotta officer: Chief Operating Officer C/O CHC GROUP LTD., 190 ELGIN AVENUE, GEORGE TOWN E9 KY1-9005
Joan S Hooper officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
John Krenicki director 333 W. SHERIDAN AVE, OKLAHOMA CITY OK 73102
Nathan K Sleeper director 375 PARK AVENUE, 18TH FLOOR, NEW YORK CITY NY 10152
John Mogford director 25 VICTORIA STREET, LONDON X0 SW1H 0EX
Michael L Summers officer: Senior Vice President C/O CELANESE CORPORATION, 1601 W. LBJ FREEWAY, DALLAS TX 75234
Fr Xi Offshore Gp Ltd director, 10 percent owner ONE LAFAYETTE PLACE, THIRD FLOOR, GREENWICH CT 06830
First Reserve Gp Xii Ltd director, 10 percent owner 262 HARBOR DRIVE, THIRD FLOOR, STAMFORD CT 06902

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