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Crownia Holdings (TSXV:CNH.H) Intangible Assets : C$0.00 Mil (As of Mar. 2019)


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What is Crownia Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Crownia Holdings's intangible assets for the quarter that ended in Mar. 2019 was C$0.00 Mil.


Crownia Holdings Intangible Assets Historical Data

The historical data trend for Crownia Holdings'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.

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Crownia Holdings Intangible Assets Chart

Crownia Holdings Annual Data
Trend Jan14 Jan15 Jun16 Jun17 Jun18
Intangible Assets
- - 0.08 0.01 -

Crownia Holdings Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 - - - - -

Crownia Holdings 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.


Crownia Holdings  (TSXV:CNH.H) 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.


Crownia Holdings Intangible Assets Related Terms

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Crownia Holdings (TSXV:CNH.H) Business Description

Traded in Other Exchanges
N/A
Address
1075 West Georgia Street, Suite 1980, Vancouver, BC, CAN, V6E 3C9
Crownia Holdings Ltd is a specialty steel company. It is engaged in the business of importing and exporting specialty steels. The company's products include Carbon structure steel, Alloy steel, Mould steel, Spring steel, Bearing steel, and High-speed steel. It sells specialty steel products by virtue of the integration of Chinese strategic steel suppliers and steel customers. The company serves its specialty steel to various industries such as automotive, electronics, oil and gas, aviation and aerospace, construction, pharmaceutical, and machinery and equipment. It has operations in British Virgin Island, Hong Kong, and China.

Crownia Holdings (TSXV:CNH.H) Headlines

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