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Bank AudiL (BEY:AUDI) Intangible Assets : $1.21 Mil (As of Dec. 2021)


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What is Bank AudiL Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Bank AudiL's intangible assets for the quarter that ended in Dec. 2021 was $1.21 Mil.


Bank AudiL Intangible Assets Historical Data

The historical data trend for Bank AudiL'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.

Bank AudiL Intangible Assets Chart

Bank AudiL Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.24 1.76 1.38 1.21

Bank AudiL Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 1.33 1.24 1.76 1.38 1.21

Bank AudiL 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.


Bank AudiL  (BEY:AUDI) 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.


Bank AudiL Intangible Assets Related Terms

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Bank AudiL Business Description

Traded in Other Exchanges
Address
Omar Daouk Street, P.O. Box 11-2560, Bab Idriss, Bank Audi Plaza, Beirut, LBN
Bank Audi SAL is a Lebanon based international banking service provider. The company through its subsidiaries operates in more than 10 countries from Asia, the Middle East, North Africa, and Europe. Its functions are rendered through four segments; Corporate and commercial, Retail and personal, Treasury and capital markets, and Group functions and head office. The bank provides loans, foreign exchange services, covers overdrafts, credit cards, transactions in capital markets, and investment management services to its customers. It generates maximum revenue from the Treasury and Capital Markets segment.

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