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AFCG (Advanced Flower Capital) Intangible Assets : $0.00 Mil (As of Dec. 2024)


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What is Advanced Flower Capital Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Advanced Flower Capital's intangible assets for the quarter that ended in Dec. 2024 was $0.00 Mil.


Advanced Flower Capital Intangible Assets Historical Data

The historical data trend for Advanced Flower Capital'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.

Advanced Flower Capital Intangible Assets Chart

Advanced Flower Capital Annual Data
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Advanced Flower Capital Quarterly Data
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Advanced Flower Capital 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.


Advanced Flower Capital  (NAS:AFCG) 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.


Advanced Flower Capital Intangible Assets Related Terms

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Advanced Flower Capital Business Description

Traded in Other Exchanges
Address
477 S. Rosemary Avenue, Suite 301, West Palm Beach, FL, USA, 33401
Advanced Flower Capital Inc is a commercial mortgage REIT that provides institutional loans to cannabis operators in the U.S. Through the management team's deep network and related credit and cannabis expertise. The company originates, structures, and underwrites loans secured by quality real estate assets, license value, and cash flows.
Executives
Leonard M Tannenbaum director, 10 percent owner, officer: Chief Executive Officer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robyn Tannenbaum officer: Managing Director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
James C. Fagan director 123 HARBOR DRIVE, UNIT 211, STAMFORD CT 06902
Brandon Hetzel officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Jonathan Gilbert Kalikow director, 10 percent owner, officer: Head of Real Estate 101 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10178
Brett Kaufman officer: CFO and Treasurer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Marnie Migatz Sudnow director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Thomas L Harrison director
Jodi Hanson Bond director 777 WEST PUTNAM AVENUE, 3RD FLOOR, GREENWICH CT 06830
Alexander C Frank director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robert L Levy director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Tomer Tzur director 7545 SW 54TH AVENUE, MIAMI FL 33143
Thomas Geoffroy officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401