MSCI (MSCI) Intangible Assets

: $3,844 Mil (As of Dec. 2023)

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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. MSCI's intangible assets for the quarter that ended in Dec. 2023 was $3,844 Mil.

MSCI Intangible Assets Historical Data

The historical data trend for MSCI'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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MSCI Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

1,824.36

1,800.77

2,829.73

2,788.19

3,843.93

MSCI Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Intangible Assets																2,788.19	2,782.05	2,778.88	2,766.52	3,843.93

MSCI 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.

MSCI (NYSE:MSCI) 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.

MSCI Intangible Assets Related Terms

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MSCI (MSCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » MSCI Inc (NYSE:MSCI) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

MSCI:Mexico 3HM:Germany 3HM:Germany 3HM:Germany M1SC34:Brazil

Address

250 Greenwich Street, 49th Floor, 7 World Trade Center, New York, NY, USA, 10007

Website

https://www.msci.com

MSCI describes its mission as enabling investors to build better portfolios for a better world. MSCI's largest and most profitable segment is its index segment, where it provides benchmarking to asset managers and asset owners. In addition, it boasts over $1.3 trillion in ETF assets linked to MSCI indexes. The MSCI analytics segment provides portfolio management and risk management analytics software to asset managers and asset owners. MSCI's all other segment was broken out into ESG and climate and private assets segments in 2021. In ESG and climate, MSCI provides ESG data to the investment industry. In private assets, MSCI provides real restate reporting, market data, benchmarking, and analytics to investors and real estate managers.

Executives

Robert J. Gutowski	officer: General Counsel	C/O MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Scott A Crum	officer: Chief Human Resources Officer	C/O MSCI INC., 7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FL., NEW YORK NY 10007
Catherine R Kinney	director	C/O QTS REALTY TRUST INC., 12851 FOSTER STREET, OVERLAND PARK KS 66213
Andrew C. Wiechmann	officer: Interim CFO and Treasurer	7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FLOOR, NEW YORK NY 10007
Robin Matlock	director	C/O IRON MOUNTAIN INCORPORATED, ONE FEDERAL STREET, BOSTON MA 02110
Cd Baer Pettit	officer: Head of Client Coverage	MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Jennifer H Mak	officer: Principal Accounting Officer	115 TABOR ROAD, MORRIS PLAINS NJ 07950
Rajat Taneja	director	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Paula Volent	director	MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Sandy C. Rattray	director	MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007
Henry A Fernandez	director, officer: Chairman, CEO and President	MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Laurent Seyer	officer: Global Head of Client Cvrg	7 WORLD TRADE CENTER, 250 GREENWICH STREET, 49TH FLOOR, NEW YORK NY 10007
Benjamin F Dupont	director	C/O MSCI INC., 88 PINE STREET, NEW YORK NY 10005
Linda Huber	officer: CFO and Treasurer	FACTSET RESEARCH SYSTEMS INC., 45 GLOVER AVENUE, NORWALK CT 06850
Jigar Thakkar	officer: Chief Technology Officer	C/O MSCI INC., 7 WORLD TRADE CENTER, 49TH FLOOR, NEW YORK NY 10007