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FTI Consulting Intangible Assets

: $1,269 Mil (As of Sep. 2021)
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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. FTI Consulting's intangible assets for the quarter that ended in Sep. 2021 was $1,269 Mil.


FTI Consulting Intangible Assets Historical Data

The historical data trend for FTI Consulting'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.

FTI Consulting Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intangible Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,232.12 1,248.95 1,206.95 1,241.20 1,276.43

FTI Consulting Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Intangible Assets Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,267.42 1,276.43 1,271.46 1,277.71 1,268.53

FTI Consulting 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.


FTI Consulting  (NYSE:FCN) 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.


FTI Consulting Intangible Assets Related Terms

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


FTI Consulting Business Description

FTI Consulting logo
Industry
Industrials » Business Services NAICS : 541611 SIC : 8742
Traded in Other Exchanges
Address
555 12th Street North West, Suite 700, Washington, DC, USA, 20004
FTI Consulting Inc is a firm that generates its sales by providing professional business advisory services to customers. The company operates through five segments, namely corporate finance and restructuring, forensic and litigation consulting, economic consulting, technology, and strategic communications. Customers of the company come from a wide array of sectors, including construction, energy and power, environmental, financial institutions, healthcare and life science, insurance, real estate and infrastructure, retail and consumer products, telecom, media, and technology. The majority of the company's revenue is derived from serving customers in the United States.
Executives
Bacon Brenda J director 909 COMMERCE ROAD ANNAPOLIS MD 21403
Costamagna Claudio director VIA SEBETO 4 MILANO L6 20123
Seeger Laureen director C/O MCKESSON CORPORATION ONE POST STREET - 33RD FLOOR SAN FRANCISCO CA 94104
Bartlett Mark S. director 4701 WEST GREENFIELD AVENUE MILWAUKEE WI 53214
Fanandakis Nicholas C director 1007 MARKET STREET WILMINGTON DE 19898
Ellis Vernon James director 49 QUEENS GATE TERRACE LONDON X0 SW7 5PN
Holthaus Gerard E director 3129 BLENDON ROAD OWINGS MILLS MD 21117
Paul Holly officer: Chief Human Resources Officer 6016 KINGSFORD ROAD BETHESDA MD 20817
Keating Brendan J officer: CAO and Controller C/O FTI CONSULTING INC 555 12TH STREET NW WASHINGTON DC 20004
Sabherwal Ajay officer: Chief Financial Officer C/O FAIRPOINT COMMUNICATIONS, INC. 521 E. MOREHEAD STREET, SUITE 500 CHARLOTTE NC 28202
Linton Paul Alderman officer: Chief Strategy/Transf. Officer 5915 SONOMA ROAD BETHESDA MD 20817
Lu Curtis P officer: General Counsel 1203 STONNELL PLACE ALEXANDRIA VA 22302
Gunby Steven Henry director, officer: President & CEO 9508 HEMSWELL PLACE POTOMAC MD 20854
Pachman Matthew officer: VP, Chief Risk/Ethics Officer 4807 JAMESTOWN ROAD BETHESDA MD 20816
Freeman Catherine M officer: SVP, Controller and CAO 909 COMMERCE ROAD ANNAPOLIS MD 21401

FTI Consulting Headlines

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