Essex Property Trust (Essex Property Trust) Intangible Assets : $0 Mil (As of Dec. 2023)

View and export this data going back to 1994. Start your Free Trial

What is Essex Property Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Essex Property Trust's intangible assets for the quarter that ended in Dec. 2023 was $0 Mil.

Essex Property Trust Intangible Assets Historical Data

The historical data trend for Essex Property 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.

Essex Property Trust Intangible Assets Chart

Essex Property Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

Get a 7-Day Free Trial

Essex Property Trust 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															-	-	-	-	-

Essex Property 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.

Essex Property Trust (NYSE:ESS) 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.

Essex Property Trust Intangible Assets Related Terms

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

Essex Property Trust (Essex Property Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Essex Property Trust Inc (NYSE:ESS) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

EXP:Germany E1SS34:Brazil

Address

1100 Park Place, Suite 200, San Mateo, CA, USA, 94403

Website

http://www.essex.com

Essex Property Trust owns a portfolio of 252 apartment communities with over 62,000 units and is developing another property with 264 units. The company focuses on owning large, high-quality properties on the West Coast in the urban and suburban submarkets of Southern California, Northern California, and Seattle.

Executives

Anne Morrison	officer: SVP - General Counsel	C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Amal M Johnson	director	C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085
Angela L. Kleiman	officer: Executive Vice President & CFO	1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Michael J Schall	director, officer: Sr. Exec. Vice President & CFO	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Adam W Berry	officer: Co-Chief Investment Officer	C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Barbara Pak	officer: Executive Vice President & CFO	C/O ESSEX PROPERTY TRUST, INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John Farias	officer: Group Vice President and CAO	C/O ESSEX PROPERTY TRUST, INC, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Lyons Irving F Iii	director	C/O ESSEX PROPERTY TRUST, INC., 925 E. MEADOW DRIVE, PALO ALTO CA 94303
Thomas E Robinson	director	309 GARRISON FOREST ROAD, OWNINGS MILLS MD 21117
Byron A Scordelis	director
Maria R Hawthorne	director	701 WESTERN AVENUE, GLENDALE CA 91201
John F. Burkart	officer: Executive Vice President	C/O ESSEX PROPERTY TRUST INC., 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Craig K Zimmerman	officer: Executive Vice President	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Janice L. Sears	director	1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
John D Eudy	officer: Executive Vice President	C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403