Korea Fund (Korea Fund) Intangible Assets : $0.00 Mil (As of Dec. 2023)

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

What is Korea Fund Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Korea Fund's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.

Korea Fund Intangible Assets Historical Data

The historical data trend for Korea Fund'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.

Korea Fund Intangible Assets Chart

Korea Fund Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Intangible Assets

Get a 7-Day Free Trial

Korea Fund Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Intangible Assets	Get a 7-Day Free Trial								-	-	-	-	-

Korea Fund 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.

Korea Fund (NYSE:KF) 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.

Korea Fund Intangible Assets Related Terms

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

Korea Fund (Korea Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Korea Fund Inc (NYSE:KF) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Victoria Embankment, London, GBR, EC4Y 0JP

Website

https://www.thekoreafund.com

Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.

Executives

Yan Hu	director	60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Simon James Crinage	officer: See Remarks	60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Stephen M Ungerman	officer: Chief Compliance Officer	270 PARK AVENUE, NEW YORK NY 10017
Neil S Martin	officer: See Remarks	60 VICTORIA EMBANKMENT, LONDON X0 EC4Y0JP
Jpmorgan Asset Management (asia Pacific) Ltd	other: See Explanation of Response	8 CONNAUGHT ROAD CENTRAL, 21ST FLOOR, CHATER HOUSE, HONG KONG K3 999077
Ayaz Hatim Ebrahim	other: See Explanation of Response	21/F CHATER HOUSE, 8 CONNAUGHT ROAD CENTRAL, HONG KONG K3 852
Carmine Lekstutis	officer: Chief Legal Officer	4 NEW YORK PLAZA, FLOOR 19, NEW YORK NY 10004
Paul Francis Winship	officer: Vice President & Secretary	60 VICTORIA EMBANKMENT, LONDON X0 EC4Y OJP
John Wonki Cho	other: See Explanation of Response	21/F CHATER HOUSE, 8 CONNAUGHT ROAD, CENTRAL K3 HK
Matthew J Sippel	director	1633 BROADWAY, NEW YORK NY 10019
Chung Jun Yun	other: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Gem Pushpaharan	other: Affiliated Person	1633 BROADWAY, NEW YORK NY 10019
John Viggiano	other: Affiliated Person	1633 BROADWAY, NEW YORK NY 10019
Angela Borreggine	officer: CLO and Secretary	C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS