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GAMCO Natural Resources, Gold &ome Trust (GAMCO Natural Resources, Gold &ome Trust) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is GAMCO Natural Resources, Gold &ome Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. GAMCO Natural Resources, Gold &ome Trust's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.


GAMCO Natural Resources, Gold &ome Trust Intangible Assets Historical Data

The historical data trend for GAMCO Natural Resources, Gold &ome Trust'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.

GAMCO Natural Resources, Gold &ome Trust Intangible Assets Chart

GAMCO Natural Resources, Gold &ome Trust Annual Data
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GAMCO Natural Resources, Gold &ome Trust Semi-Annual Data
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GAMCO Natural Resources, Gold &ome Trust 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.


GAMCO Natural Resources, Gold &ome Trust  (NYSE:GNT) 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.


GAMCO Natural Resources, Gold &ome Trust Intangible Assets Related Terms

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GAMCO Natural Resources, Gold &ome Trust (GAMCO Natural Resources, Gold &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GAMCO Natural Resources, Gold & Income Trust is a non-diversified closed-end management investment company. The company's primary investment objective is to provide a high level of current income from interest, dividends, and options premiums. It invests in various sectors such as metals and mining, energy and energy services, specialty chemicals, agriculture, healthcare, machinery, food and beverage, and others.
Executives
Agnes Mullady officer: Treasurer & Secretary ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
William F Heitmann director 1095 AVENUE OF THE AMERICAS, ROOM 4140, NEW YORK NY 10036-6797
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580

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