Marlin Business Services (Marlin Business Services) Intangible Assets : $5.18 Mil (As of Sep. 2021)

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What is Marlin Business Services Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Marlin Business Services's intangible assets for the quarter that ended in Sep. 2021 was $5.18 Mil.

Marlin Business Services Intangible Assets Historical Data

The historical data trend for Marlin Business Services'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.

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Marlin Business Services Intangible Assets Chart

Marlin Business Services Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Intangible Assets

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2.29

15.27

14.20

5.68

Marlin Business Services 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															5.85	5.68	5.51	5.34	5.18

Marlin Business Services 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.

Marlin Business Services (NAS:MRLN) 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.

Marlin Business Services Intangible Assets Related Terms

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Marlin Business Services (Marlin Business Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Marlin Business Services Corp (NAS:MRLN) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 Fellowship Road, Mount Laurel, NJ, USA, 08054

Website

https://www.marlincapitalsolutions.com

Marlin Business Services Corp is a provider of credit products and services to small businesses. The company provide equipment financing programs to manufacturers, distributors and dealers to help increase their sales and meet the needs of their small business customers. Marlin derives its revenue from interest and fees from leases and loans and, to a lesser extent, income from its property insurance program and other fee income.

Executives

Jeffrey Albert Hilzinger	officer: Chief Executive Officer	3 CEDAR RIDGE DRIVE, CHESTER NJ 07930
Matthew J Sullivan	10 percent owner	1230 PEACHTREE STREET, NE SUITE 1900 ATLANTA GA 30309
Lawrence J Deangelo	director	C/O MARLIN BUSINESS SERVICES CORP 124 GAITHER DR MOUNT LAUREL NJ 08054
Ryan S Melcher	officer: SVP and General Counsel	C/O MARLIN BUSINESS SERVICES CORP. 300 FELLOWSHIP ROAD MT. LAUREL NJ 07728
Michael R Bogansky	officer: Chief Financial Officer	C/O PHH CORPORATION 3000 LEADENHALL ROAD MT. LAUREL NJ 08054
Willem Mesdag	10 percent owner	C/O RED MOUNTAIN CAPITAL MANAGEMENT INC., 10100 SANTA MONICA BOULEVARD, SUITE 925, LOS ANGELES CA 90067
James Sherlock	officer: Senior Vice President	8 WILCOTE WAY MEDFORD NJ 08055
Dietz Edward Ralph Jr.	officer: General Counsel	139 GLENWOOD ROAD HADDONFIELD NJ 08033
James W Wert	director
Aswin Rajappa	officer: Chief Marketing Officer	1 GREYLYNNE DRIVE PRINCETON NJ 08540
Laura C Anger	officer: Chief Human Resources Officer	C/O FLAGSTAR BANCORP INC., 5151 CORPORATE DRIVE, TROY MI 48098
Louis Evan Maslowe	officer: Chief Credit Officer	11 SOUTHWINDS LANE MALVERN PA 19355
Edward John Siciliano	officer: Chief Sales Officer	343 CHRISTOPHER DRIVE PRINCETON NJ 08540
Michael Louis Mattingly	officer: Senior Vice President	223 NATHAN DRIVE CINNAMINSON NJ 08077
Gregory Lee Sting	officer: Senior Vice President	4 SHEFFIELD COURT MEDFORD NJ 08055