Fortress Investment Group LLC (Fortress Investment Group LLC) Intangible Assets : $0 Mil (As of Sep. 2017)

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What is Fortress Investment Group LLC Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Fortress Investment Group LLC's intangible assets for the quarter that ended in Sep. 2017 was $0 Mil.

Fortress Investment Group LLC Intangible Assets Historical Data

The historical data trend for Fortress Investment Group LLC'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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Fortress Investment Group LLC Intangible Assets Chart

Fortress Investment Group LLC Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Intangible Assets

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1.20

2.07

5.38

2.75

Fortress Investment Group LLC Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Intangible Assets	Get a 7-Day Free Trial															-	2.75	-	-	-

Fortress Investment Group LLC 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.

Fortress Investment Group LLC (NYSE:FIG) 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.

Fortress Investment Group LLC Intangible Assets Related Terms

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Fortress Investment Group LLC (Fortress Investment Group LLC) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.fortress.com

Fortress Investment Group LLC is a diversified global investment management company. It operates as an alternative asset manager, which raises, invests and manages private equity funds and hedge funds. The firm's private equity funds are focused on control-oriented investments, real estate properties, and debt securities. Fortress' hedge fund offerings are composed of liquid hedge funds, which invest in more liquid capital markets, as well as credit-driven private equity and hedge funds, which focus on distressed and undervalued assets. Most of the revenue for the firm is derived from management fees, incentive income based on the performance of the funds and investment income from investments in funds.

Executives

Wesley R Edens	director, 10 percent owner, officer: Principal	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Randal A Nardone	director, 10 percent owner, officer: Principal and CEO	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Briger Peter L Jr	director, 10 percent owner, officer: Principal	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Douglas L Jacobs	director	FLEETBOSTON FINANCIAL CORP, 100 FEDERAL STREET, BOSTON MA 02110
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Richard N Haass	director
Robert I Kauffman	director, 10 percent owner, officer: President-Europe and Director	C/O FIG LLC 1345 AVENUE OF THE AMERICAS, NEW YORK, NY X1 10105
Daniel H Mudd	director, officer: Chief Executive Officer	3900 WISCONSIN AVENUE, NW, WASHINGTON DC 20016
Jonathan Brown	officer: Chief Accounting Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Howard Rubin	director	8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Takumi Shibata	director	NOMURA ASSET MANAGEMENT USA, INC., TWO WORLD FINANCIAL CENTER, BUILDING B, NEW YORK NY 10281

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