GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Asian Hotels & Properties PLC (COL:AHPL.N0000) » Definitions » Intangible Assets

Asian Hotels & Properties (COL:AHPL.N0000) Intangible Assets : රු54 Mil (As of Dec. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Asian Hotels & Properties Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Asian Hotels & Properties's intangible assets for the quarter that ended in Dec. 2024 was රු54 Mil.


Asian Hotels & Properties Intangible Assets Historical Data

The historical data trend for Asian Hotels & Properties'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.

Asian Hotels & Properties Intangible Assets Chart

Asian Hotels & Properties Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.35 1.68 1.23 1.20 2.17

Asian Hotels & Properties Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.63 2.17 2.05 46.38 53.87

Asian Hotels & Properties 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.


Asian Hotels & Properties  (COL:AHPL.N0000) 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.


Asian Hotels & Properties Intangible Assets Related Terms

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


Asian Hotels & Properties Business Description

Traded in Other Exchanges
N/A
Address
No. 77, Galle Road, Colombo, LKA, 03
Asian Hotels & Properties PLC is engaged in providing lodging services to local and foreign tours. The company operates in two reportable segments namely leisure, which encompasses two five star city hotels in Colombo under the brand 'Cinnamon Hotels and Resorts', and The Property segment concentrates mainly on rental income derived from the investment property adjoining the hotels . The majority of the revenue is generated from the Hotel segment.

Asian Hotels & Properties Headlines

No Headlines