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Xenous Holdings (Xenous Holdings) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is Xenous Holdings Intangible Assets?

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


Xenous Holdings Intangible Assets Historical Data

The historical data trend for Xenous 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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Xenous Holdings Intangible Assets Chart

Xenous Holdings Annual Data
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Intangible Assets
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Xenous Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Xenous 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.


Xenous Holdings  (OTCPK:XITO) 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.


Xenous Holdings Intangible Assets Related Terms

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Xenous Holdings (Xenous Holdings) Business Description

Traded in Other Exchanges
N/A
Address
67 Mody Road, Room 1120, 11th Floor, Peninsula Centre, Tsim Sha Tsui, East Kowloon, HKG
Website
Xenous Holdings Inc is a shell company.
Executives
Ting Hau Yap director, 10 percent owner 20-30 PLAZA 138, JALAN AMPANG, KUALA LUMPUR N8 50450
Gray Everett Willard Ii director, 10 percent owner, officer: CEO (Resigned on July 6, 2017) P. O. BOX 5375, MIDLAND TX 79704
Chian Yon Yong director, 10 percent owner, officer: Secretary 21 JALAN HIJAUAN RESIDENCE 2C, TAMAN HIJAUAN RESIDENCE, CHERAS, SELANGOR N8 43200
Heng Si Chan director, 10 percent owner, officer: Chief Executive Officer SUITE 20-09, PLAZA 138, JALAN AMPANG, KUALA LUMPUR N8 50450
Hui Chin Lee director, officer: Treasurer 21 JALAN HIJAUAN RESIDENCE 2C, TAMAN HIJAUAN RESIDENCE, CHERAS, SELANGOR N8 43200
Thomas J Howells other: Former Officer and Director 4685 SOUTH HIGHLAND DRIVE # 202, SALT LAKE CITY UT 84117
Meggan Halliday 10 percent owner 3615 SOUTH 2210 EAST, SALT LAKE CITY UT 84109

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