GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » India Shelter Finance Corporation Ltd (BOM:544044) » Definitions » Intangible Assets

India Shelter Finance (BOM:544044) Intangible Assets : ₹0 Mil (As of Dec. 2024)


View and export this data going back to 2023. Start your Free Trial

What is India Shelter Finance Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. India Shelter Finance's intangible assets for the quarter that ended in Dec. 2024 was ₹0 Mil.


India Shelter Finance Intangible Assets Historical Data

The historical data trend for India Shelter Finance'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.

India Shelter Finance Intangible Assets Chart

India Shelter Finance Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Intangible Assets
10.77 4.65 4.85 2.81

India Shelter Finance Quarterly Data
Mar21 Mar22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 2.81 - 2.23 -

India Shelter Finance 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.


India Shelter Finance  (BOM:544044) 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.


India Shelter Finance Intangible Assets Related Terms

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


India Shelter Finance Business Description

Traded in Other Exchanges
Address
3 rd Floor, Upper Ground Floor and Lower Ground Floor, Plot No. 15, Institutional Area, Sector 44, Gurugram, HR, IND, 122002
India Shelter Finance Corporation Ltd is a retail-focused affordable housing finance company. It provides housing loans and loans against properties in India and aims self-employed customers with a focus on first time home loan takers in the low and middle income group in Tier II and Tier III cities in India and has a network of 183 branches spread across 15 states that include Rajasthan, Maharashtra, Madhya Pradesh, Karnataka, Gujarat, etc. It has a single business segment which is providing housing loans and loans against properties in India only.

India Shelter Finance Headlines

No Headlines