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Amer Sports Oyj (Amer Sports Oyj) Intangible Assets : $997 Mil (As of Dec. 2018)


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What is Amer Sports Oyj Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Amer Sports Oyj's intangible assets for the quarter that ended in Dec. 2018 was $997 Mil.


Amer Sports Oyj Intangible Assets Historical Data

The historical data trend for Amer Sports Oyj'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.

Amer Sports Oyj Intangible Assets Chart

Amer Sports Oyj Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 628.48 684.42 744.41 768.28 996.59

Amer Sports Oyj Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 768.28 789.15 1,088.79 1,025.32 996.59

Amer Sports Oyj 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.


Amer Sports Oyj  (OTCPK:AGPDF) 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.


Amer Sports Oyj Intangible Assets Related Terms

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Amer Sports Oyj (Amer Sports Oyj) Business Description

Traded in Other Exchanges
N/A
Address
Konepajankuja 6, Helsinki, FIN, FI-00510
Amer Sports Oyj is a manufacturer of sporting goods across brands including Salomon, Wilson, and Atomic. The company organises itself into three segments: outdoor, ball sports, and fitness. The outdoor segment, which contributes the majority of company revenue, manufactures and supplies footwear, apparel, winter sports equipment, cycling components, and sports instruments. The ball sports segment, the next most significant contributor to consolidated revenue, includes racquets and team sports equipment, and golf equipment. The fitness segment manufactures and supplies fitness equipment. Europe, the Middle East, and Africa, or EMEA, and the Americas are the most significant geographical markets, providing roughly equal contributions to net sales, followed by Asia-Pacific.

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