Kansas City Southern (Kansas City Southern) Intangible Assets : $141 Mil (As of Sep. 2021)

View and export this data going back to 1962. Start your Free Trial

What is Kansas City Southern Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Kansas City Southern's intangible assets for the quarter that ended in Sep. 2021 was $141 Mil.

Kansas City Southern Intangible Assets Historical Data

The historical data trend for Kansas City Southern'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.

Kansas City Southern Intangible Assets Chart

Kansas City Southern Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Intangible Assets

Get a 7-Day Free Trial

116.10

114.70

113.20

111.70

110.30

Kansas City Southern Quarterly Data
	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21
Intangible Assets	Get a 7-Day Free Trial															141.10	110.30	141.10	141.10	141.10

Kansas City Southern 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.

Kansas City Southern (NYSE:KSU) 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.

Kansas City Southern Intangible Assets Related Terms

Thank you for viewing the detailed overview of Kansas City Southern's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Kansas City Southern (Kansas City Southern) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kansas City Southern (NYSE:KSU) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

427 West 12th Street, Kansas City, MO, USA, 64105

Website

https://www.kcsouthern.com

Kansas City Southern, the smallest Class I railroad, derives about half of its $2.6 billion revenue on 3,400 miles of track in the Central and Southern United States. Remaining sales are produced by operating concessions on 3,300 miles of rail in Mexico and 47 miles of track adjacent to the Panama Canal. KCS' freight includes industrial and forest products (around 21% of total revenue), chemicals and petroleum (26%), agriculture and minerals (18%), intermodal (13%), energy (9%), and autos (9%); other revenue stems from switching, demurrage, and the like.

Executives

Warren K Erdman	officer: Executive Vice President
Lora S Cheatum	officer: Sr. VP - Human Resources	KANSAS CITY SOUTHERN PO BOX 219335 KANSAS CITY MO 64121
Suzanne M Grafton	officer: VP & Chief Accounting Officer	427 W 12TH STREET KANSAS CITY MO 64105
Del Cueto Cuevas Oscar Augusto	officer: President & Exec Rep of Sub	427 W 12TH STREET KANSAS CITY MO 64105
Michael W Upchurch	officer: EVP & Chief Financial Officer	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Patrick J Ottensmeyer	officer: President & CEO	PO BOX 219335, KANSAS CITY MO 64121
Adam J Godderz	officer: SVP Chief Legal Ofc & Corp Sec	427 W 12TH STREET KANSAS CITY MO 64105
Brian D. Hancock	officer: EVP & Chief Innovation Officer	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Michael J. Naatz	officer: EVP & Chief Marketing Officer	10990 ROE AVE, OVERLAND PARK KS 66211
Thomas A Mcdonnell	director	C/O KANSAS CITY SOUTHERN, 427 W 12TH STREET, KANSAS CITY MO 64105
Garza Santos David F	director	AV. INDUSTRIALES DEL PONIENTE NO. 2300 SANTA CATARINA, N.L. O5 66350
Robert J Druten	director	6503 SENECA ROAD, MISSION HILLS KS 66208
Jeffrey M Songer	officer: EVP & COO	KANSAS CITY SOUTHERN PO BOX 219335 KANSAS CITY MO 64121
Janet H Kennedy	director	KANSAS CITY SOUTHERN, PO BOX 219335, KANSAS CITY MO 64121
Lydia I Beebe	director	13403 NORTHWEST FREEWAY, HOUSTON TX 77040