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P10 (PX) Intangible Assets

: $629.2 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. P10's intangible assets for the quarter that ended in Dec. 2023 was $629.2 Mil.


P10 Intangible Assets Historical Data

The historical data trend for P10'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.

P10 Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
152.14 513.72 547.49 658.43 629.23

P10 Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 658.43 651.22 643.89 636.56 629.23

P10 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.


P10  (NYSE:PX) 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.


P10 Intangible Assets Related Terms

Thank you for viewing the detailed overview of P10's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


P10 (PX) Business Description

Traded in Other Exchanges
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
P10 Inc is a multi-asset class private market solutions provider in the alternative asset management industry. Its revenue is composed of recurring management and advisory fees, with the vast majority of fees earned on committed capital.
Executives
Michael Feinglass 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Andrew Rowan Nelson 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Alexander I. Abell 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Edwin A. Poston director, other: See Remarks C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
David M. Mccoy 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Sarsfield Luke A. Iii director, officer: Chief Executive Officer C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Jon I. Madorsky Revocable Trust Dated December 1, 2008 other: See Remarks C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Travis H. Barnes director C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Stewart Robert B Jr director 520 NEWPORT CENTER DR., 12TH FLOOR, NEWPORT BEACH CA 92660
C Clark Webb 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
Mel Williams 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Thomas P. Danis, Jr. Revocable Living Trust Dated March 10, 2003 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Truebridge Colonial Fund, U/a Dated 11/15/2015 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205
Souder Family Llc 10 percent owner C/O P10, INC., 4514 COLE AVENUE, SUITE 1600, DALLAS TX 75205