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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Intangible Assets : $0.00 Mil (As of Jun. 2020)


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What is Blackrock Florida Muni 2020 Term Tr Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Blackrock Florida Muni 2020 Term Tr's intangible assets for the quarter that ended in Jun. 2020 was $0.00 Mil.


Blackrock Florida Muni 2020 Term Tr Intangible Assets Historical Data

The historical data trend for Blackrock Florida Muni 2020 Term Tr'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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Blackrock Florida Muni 2020 Term Tr Intangible Assets Chart

Blackrock Florida Muni 2020 Term Tr Annual Data
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Blackrock Florida Muni 2020 Term Tr Semi-Annual Data
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Blackrock Florida Muni 2020 Term Tr 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.


Blackrock Florida Muni 2020 Term Tr  (NYSE:BFO) 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.


Blackrock Florida Muni 2020 Term Tr Intangible Assets Related Terms

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Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Florida Muni 2020 Term Tr is a non-diversified, closed-end management investment company. Its investment objective to provide current income exempt from regular U.S. federal income tax and Florida intangible personal property tax. The fund primarily invests in investment grade municipal bonds.
Executives
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Holdco 2, Inc. other: Affl. of Investment Advisor 40 EAST 52ND STREET, NEW YORK NY 10022
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Ag Ubs other: Former 10% Owner 600 WASHINGTON BLVD., STAMFORD CT 06901
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Bank Of America Na 10 percent owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Janey Ahn officer: Secretary 55 EAST 52ND STREET, NEW YORK NY 10055
John F Powers director 40 EAST 52ND STREET, NEW YORK NY 10022

Blackrock Florida Muni 2020 Term Tr (Blackrock Florida Muni 2020 Term Tr) Headlines