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Mammoth Resources (TSXV:MTH) Intangible Assets : C$0.00 Mil (As of Oct. 2023)


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What is Mammoth Resources Intangible Assets?

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


Mammoth Resources Intangible Assets Historical Data

The historical data trend for Mammoth Resources'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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Mammoth Resources Intangible Assets Chart

Mammoth Resources Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Intangible Assets
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Mammoth Resources Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Mammoth Resources 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.


Mammoth Resources  (TSXV:MTH) 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.


Mammoth Resources Intangible Assets Related Terms

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Mammoth Resources (TSXV:MTH) Business Description

Traded in Other Exchanges
Address
150 York Street, Suite 410, Exchange Tower, Toronto, ON, CAN, M5H 3S5
Mammoth Resources Corp is an exploration-stage company. It is involved in the business of acquisition, exploration, and evaluation of mining properties in Mexico. It is focused on acquiring and defining precious metal resources in Mexico. Its project includes the Tenoriba property. The company has one reportable operating segment, being the Acquisition and Exploration of Assets in Mexico.
Executives
Thomas Atkins Director or Senior Officer of 10% Security Holder