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Metrospaces (Metrospaces) Intangible Assets : $0.00 Mil (As of Mar. 2016)


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What is Metrospaces Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Metrospaces's intangible assets for the quarter that ended in Mar. 2016 was $0.00 Mil.


Metrospaces Intangible Assets Historical Data

The historical data trend for Metrospaces'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.

Metrospaces Intangible Assets Chart

Metrospaces Annual Data
Trend Dec12 Dec13 Dec14 Dec15
Intangible Assets
- - - -

Metrospaces Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16
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 1.86 1.86 1.86 - -

Metrospaces 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.


Metrospaces  (OTCPK:MSPC) 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.


Metrospaces Intangible Assets Related Terms

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Metrospaces (Metrospaces) Business Description

Traded in Other Exchanges
N/A
Address
6 St. Johns Lane, New York, USA, 10013
Metrospaces Inc is a real estate developer. The company is engaged in the business of acquisition and repositioning of luxury resort properties and hotels. The firm also invests in real estate-based operating companies, such as hotel operators and real estate-based corporate reorganizations.
Executives
Oscar A Brito director, 10 percent owner, officer: President 888 BRICKELL KEY DRIVE, 1102, MIAMI FL 33131