Emmis (EMMS) Intangible Assets: $66.46 Mil (As of Feb. 2020)

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EMMS Emmis Corp EMMS
16 GF Score
Price $1.55
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What is Emmis Intangible Assets?

Emmis EMMS 16 Intangible Assets is $66.46 Mil as of Feb. 2020. GuruFocus rates EMMS with a GF Score™ of 16/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Emmis's intangible assets for the quarter that ended in Feb. 2020 was $66.46 Mil.

Emmis  (OTCPK:EMMS) 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.

Emmis Intangible Assets Related Terms

Emmis Intangible Assets Historical Data

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The historical data trend for Emmis'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.

Emmis Intangible Assets Chart

Emmis Annual Data
Trend Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 223.13 203.79 176.28 72.56 66.46

Emmis Quarterly Data
May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20
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 72.56 175.57 68.54 68.54 66.46
EMMS
16GF Score
Emmis Corp EMMS
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Emmis 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of $66.46 Mil mean?
Emmis (EMMS) has a Intangible Assets of $66.46 Mil as of Feb. 2020. Intangible assets include patents, goodwill and trade secrets. View historical data on Emmis and its competitors.
Is Emmis' Intangible Assets too high?
Emmis' current Intangible Assets is $66.46 Mil. Overall, Emmis has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Emmis' Intangible Assets compare to SALM and UONE?
Emmis' Intangible Assets of $66.46 Mil can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Media - Diversified company?
A good Intangible Assets depends on the Media - Diversified industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Emmis and its competitors. Emmis's current Intangible Assets is $66.46 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emmis stock overvalued right now?
Emmis (EMMS) has a current Intangible Assets of $66.46 Mil. The current Intangible Assets is $66.46 Mil. Emmis' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Emmis (EMMS), the current Intangible Assets is $66.46 Mil as of Feb. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Emmis Business Description

Address 40 Monument Circle, Suite 700, One EMMIS Plaza, Indianapolis, IN, USA, 46204
Emmis Corp, formerly Emmis Communications Corp is a diversified media company principally focused on radio broadcasting. The company owns and operates radio and magazine entities in large and medium-sized markets throughout the United States. Its operations have aligned into two business segments: Radio and Publishing. A vast majority of revenue is generated from the Radio segment. The company generates revenue in the form of Advertising; Circulation, which includes revenues from digital and home delivery subscriptions; Nontraditional, which includes ticket sales and sponsorship of events on their stations and magazine conduct; LMA(Local Marketing Agreement) Fees; and other revenues.
16GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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