GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Glacier Media Inc (OTCPK:GLMFF) » Definitions » Intangible Assets

Glacier Media (Glacier Media) Intangible Assets : $37.1 Mil (As of Dec. 2023)


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

What is Glacier Media Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Glacier Media's intangible assets for the quarter that ended in Dec. 2023 was $37.1 Mil.


Glacier Media Intangible Assets Historical Data

The historical data trend for Glacier Media'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.

Glacier Media Intangible Assets Chart

Glacier Media Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.92 64.24 60.28 47.57 37.07

Glacier Media Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.57 45.07 45.80 44.46 37.07

Glacier Media 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.


Glacier Media  (OTCPK:GLMFF) 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.


Glacier Media Intangible Assets Related Terms

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


Glacier Media (Glacier Media) Business Description

Traded in Other Exchanges
Address
2188 Yukon Street, Vancouver, BC, CAN, V5Y 3P1
Glacier Media Inc offers information and marketing solutions. It operates in three segments Environmental, Property and Financial Information; Commodity Information; and Community Media. Environmental, Property and Financial Information includes the company's business-to-business content, marketing solutions and data information products that are environmental, and property-related. Commodity Information includes business-to-business content, marketing solutions, and data information products that are agriculture, energy and mining-related. The Community media segment includes the company's community media assets and related digital and printing operations. It has a business presence in the US and Canada and derives most of its revenue from the Community Media segment.

Glacier Media (Glacier Media) Headlines

From GuruFocus

Glacier Media Inc. Announces Private Placement

By GlobeNewswire GlobeNewswire 07-19-2019

Glacier Reports Year End Results

By GlobeNewswire GlobeNewswire 03-29-2018

Glacier Media Board of Directors Change

By GlobeNewswire GlobeNewswire 12-31-2019

Glacier Reports Results of Annual General Meeting

By GlobeNewswire 06-30-2023

Glacier Reports 2021 Results

By GlobeNewswire GlobeNewswire 03-25-2022

Glacier Reports Second Quarter 2021 Results

By GlobeNewswire GlobeNewswire 08-13-2021

Glacier First Quarter Results

By GlobeNewswire GlobeNewswire 05-14-2019

Glacier Reports First Quarter Results

By GlobeNewswire GlobeNewswire 05-12-2018

Glacier Media Offers to Acquire Shares of GVIC Not Already Owned

By GlobeNewswire GlobeNewswire 01-13-2021