GURUFOCUS.COM » STOCK LIST » Technology » Software » MOJO Data Solutions Inc (OTCPK:MJDS) » Definitions » Intangible Assets

MOJO Data Solutions (MOJO Data Solutions) Intangible Assets : $0.00 Mil (As of Dec. 2021)


View and export this data going back to 2012. Start your Free Trial

What is MOJO Data Solutions Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. MOJO Data Solutions's intangible assets for the quarter that ended in Dec. 2021 was $0.00 Mil.


MOJO Data Solutions Intangible Assets Historical Data

The historical data trend for MOJO Data Solutions'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.

MOJO Data Solutions Intangible Assets Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 - -

MOJO Data Solutions 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.


MOJO Data Solutions  (OTCPK:MJDS) 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.


MOJO Data Solutions Intangible Assets Related Terms

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


MOJO Data Solutions (MOJO Data Solutions) Business Description

Traded in Other Exchanges
N/A
Address
E21 Calle Las Palmas, URB Dorado Reef, Dorado, PRI, 00646
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.