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Air Methods (Air Methods) Intangible Assets : $401 Mil (As of Dec. 2016)


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What is Air Methods Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Air Methods's intangible assets for the quarter that ended in Dec. 2016 was $401 Mil.


Air Methods Intangible Assets Historical Data

The historical data trend for Air Methods'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.

Air Methods Intangible Assets Chart

Air Methods Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 186.85 216.34 210.92 257.63 401.24

Air Methods Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 257.63 409.56 407.68 405.13 401.24

Air Methods 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.


Air Methods  (NAS:AIRM) 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.


Air Methods Intangible Assets Related Terms

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Air Methods (Air Methods) Business Description

Traded in Other Exchanges
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Address
Air Methods Corp is a Delaware corporation, was established in Colorado in 1982. The Company provides air medical emergency transport services and systems throughout the United States of America. It designs, manufactures, and installs medical aircraft interiors and other aerospace and medical transport products. The Company also provides tourism operations in and around the Grand Canyon and Hawaiian Islands. The Company's operating segments include Air Medical Services, Tourism Division and United Rotorcraft. Air Medical Services provides air medical transportation services to the general population as an independent service and to hospitals or other institutions under exclusive operating agreements. The division operates 380 helicopters and 26 fixed wing aircraft under both Instrument Flight Rules and Visual Flight Rules. Tourism Division provides helicopter tours and charter flights, mainly focusing on Grand Canyon and Hawaiian Island tours. The division operates 48 helicopters under two Part 135 Air Carrier Certificates. United Rotorcraft Division designs, manufactures, and installs aircraft medical interiors and other aerospace and medical transport products for domestic and international customers. The Company maintains patents covering several products, including the Litter Lift System used in the U.S. Army's HH-60M helicopter and Medical Evacuation Vehicle, and the Articulating Patient Loading System and Modular Equipment Frame developed as part of the modular interior concept. The Company competes with several national and regional air medical transportation providers for contracts with hospitals and other healthcare institutions. It also competes with larger aerial tourism operators in the Grand Canyon market and a number of smaller operators in both the Grand Canyon and Hawaiian Island markets. The Company is subject to the Federal Aviation Act of 1958. All of its flight and maintenance operations-including equipment, ground facilities, dispatch, communications, flight training personnel and other matters affecting air safety are regulated and actively supervised by the U.S. Department of Transportation through the FAA. It is also subject to laws, regulations, and standards relating to corporate governance and public disclosure, including the Sarbanes-Oxley Act of 2002, Dodd-Frank Wall Street Reform and Consumer Protection Act, Securities and Exchange Commission (SEC) regulations, NASDAQ Stock Market rules, and other federal and state securities laws.
Executives
Mark D Carleton director 12300 LIBERTY BLVD., ENGLEWOOD CO 80112
Joseph E Whitters director
Claire M Gulmi director
Peter P. Csapo officer: Chief Financial Officer ACCRETIVE HEALTH, INC. 401 NORTH MICHIGAN AVENUE, SUITE 2700 CHICAGO IL 60611
Crystal L Gordon officer: General Counsel and Secretary 945 BUNKER HILL, SUITE 650, HOUSTON TX 77024
David Roehr director ONE CABELA DRIVE, SIDNEY NE 69160

Air Methods (Air Methods) Headlines

From GuruFocus

Air Methods Corp. (AIRM) CEO Aaron D Todd sells 1,650 Shares

By GuruFocus Research GuruFocus Editor 11-19-2009

Air Methods Corp. (AIRM) CFO Trent Carman sells 5,000 Shares

By GuruFocus Research GuruFocus Editor 03-16-2011

Air Methods Corp. (AIRM) CEO Aaron D Todd sells 1,650 Shares

By GuruFocus Research GuruFocus Editor 10-16-2009

Air Methods Corp. (AIRM) Director, CEO Aaron D Todd sells 3,000 Shares

By GuruFocus Research GuruFocus Editor 06-08-2010

Air Methods Corp. (AIRM) COO Paul H Tate sells 2,500 Shares

By GuruFocus Research GuruFocus Editor 06-01-2010

Air Methods Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 05-07-2010

Air Methods Corp. (AIRM) Director, CEO Aaron D Todd sells 9,543 Shares

By GuruFocus Research GuruFocus Editor 12-01-2010