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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Intangible Assets : $0.00 Mil (As of May. 2018)


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What is Kayne Anderson Energy Development Co Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Kayne Anderson Energy Development Co's intangible assets for the quarter that ended in May. 2018 was $0.00 Mil.


Kayne Anderson Energy Development Co Intangible Assets Historical Data

The historical data trend for Kayne Anderson Energy Development Co'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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Kayne Anderson Energy Development Co Intangible Assets Chart

Kayne Anderson Energy Development Co Annual Data
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Intangible Assets
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Kayne Anderson Energy Development Co Semi-Annual Data
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Kayne Anderson Energy Development Co 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.


Kayne Anderson Energy Development Co  (NYSE:KED) 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.


Kayne Anderson Energy Development Co Intangible Assets Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Traded in Other Exchanges
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Address
Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.
Executives
Richard A Kayne 10 percent owner, other: CEO of Member/Manager of IA
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell officer: VICE PRESIDENT 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart officer: Treasurer and CFO 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
James C Baker officer: Vice President C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz officer: Vice President 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc 10 percent owner, other: Affiliate / Investment Adviser 1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy director, officer: President, CEO, Chairman C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley other: Investment Adviser CFO C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson 10 percent owner, other: Affiliate / Investment Adviser C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker director 94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl director P.O. BOX 2521, HOUSTON TX 77252-2521

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