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Capstead Mortgage (Capstead Mortgage) Intangible Assets : $0.00 Mil (As of Jun. 2021)


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What is Capstead Mortgage Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Capstead Mortgage's intangible assets for the quarter that ended in Jun. 2021 was $0.00 Mil.


Capstead Mortgage Intangible Assets Historical Data

The historical data trend for Capstead Mortgage'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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Capstead Mortgage Intangible Assets Chart

Capstead Mortgage Annual Data
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Capstead Mortgage Quarterly Data
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Capstead Mortgage 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.


Capstead Mortgage  (NYSE:CMO) 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.


Capstead Mortgage Intangible Assets Related Terms

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Capstead Mortgage (Capstead Mortgage) Business Description

Traded in Other Exchanges
N/A
Address
8401 North Central Expressway, Suite 800, Dallas, TX, USA, 75225-4404
Capstead Mortgage Corp is a self-managed real estate investment trust for federal income tax purposes. The company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, issued and guaranteed by government-sponsored enterprises, or by an agency of the federal government.
Executives
Patsy Joseph Augustine director 8401 N CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
Michelle P Goolsby director 1225 SEVENTEENTH STREET, SUITE 1000, DENVER CO 80202
Mark S Whiting director C/O TRINET CORPORATE REALTY TRUST INC, FOUR EMBARCADERO CENTER #3150, SAN FRANCISCO CA 94111
Christopher W Mahowald director OMEGA HEALTHCARE INVESTORS INC, 900 VICTORS WAY STE. 350, ANN ARBOR MI 48108
Michael G Oneil director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Gary Keiser director 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Jack Biegler director 8401 NORTH CENTRAL EXPRESSWAY, SUITE 800, DALLAS TX 75225
John L Bernard director 2815 BRODERICK STREET, SAN FRANCISCO CA 94123
Phillip A Reinsch director, officer: President & CEO 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Lance Phillips officer: Chief Financial Officer 1807 ROSS AVE., 4TH FLOOR, DALLAS TX 75201
Roy Kim officer: Senior Vice President 5929 GLENDORA AVE, DALLAS TX 75230
Spears Robert R Jr officer: EVP & CIO 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Andrew F Jacobs officer: CEO & President 8401 N CENTRAL EXPRESSWAY STE 800, DALLAS TX 75225
Mike Brown officer: Senior VP 8401 N CENTRAL EXPRESSWAY, STE 800, DALLAS TX 75225
Paul M Low other: Retired Director

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