FMO (Fiduciary/Claymore Energy Infrastructure Fund) Intangible Assets: $0.00 Mil (As of Nov. 2021)

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FMO Fiduciary/Claymore Energy Infrastructure Fund FMO
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What is Fiduciary/Claymore Energy Infrastructure Fund Intangible Assets?

Fiduciary/Claymore Energy Infrastructure Fund FMO 40 Intangible Assets is $0.00 Mil as of Nov. 2021. GuruFocus rates FMO with a GF Score™ of 40/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Fiduciary/Claymore Energy Infrastructure Fund's intangible assets for the quarter that ended in Nov. 2021 was $0.00 Mil.

Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) 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.

Fiduciary/Claymore Energy Infrastructure Fund Intangible Assets Related Terms

Fiduciary/Claymore Energy Infrastructure Fund Intangible Assets Historical Data

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The historical data trend for Fiduciary/Claymore Energy Infrastructure Fund'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.

Fiduciary/Claymore Energy Infrastructure Fund Intangible Assets Chart

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Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
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FMO
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Fiduciary/Claymore Energy Infrastructure Fund FMO
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiduciary/Claymore Energy Infrastructure Fund 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 $0.00 Mil mean?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a Intangible Assets of $0.00 Mil as of Nov. 2021. Intangible assets include patents, goodwill and trade secrets. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors.
Is Fiduciary/Claymore Energy Infrastructure Fund's Intangible Assets too high?
Fiduciary/Claymore Energy Infrastructure Fund's current Intangible Assets is $0.00 Mil. Overall, Fiduciary/Claymore Energy Infrastructure Fund has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Fiduciary/Claymore Energy Infrastructure Fund's Intangible Assets compare to DTF and IAE?
Fiduciary/Claymore Energy Infrastructure Fund's Intangible Assets of $0.00 Mil can be compared against companies in the Asset Management 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 an Asset Management company?
A good Intangible Assets depends on the Asset Management 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 Fiduciary/Claymore Energy Infrastructure Fund and its competitors. Fiduciary/Claymore Energy Infrastructure Fund's current Intangible Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiduciary/Claymore Energy Infrastructure Fund stock overvalued right now?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a current Intangible Assets of $0.00 Mil. The current Intangible Assets is $0.00 Mil. Fiduciary/Claymore Energy Infrastructure Fund's overall GF Score™ is 40/100. 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 Fiduciary/Claymore Energy Infrastructure Fund (FMO), the current Intangible Assets is $0.00 Mil as of Nov. 2021. 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.

Fiduciary/Claymore Energy Infrastructure Fund Business Description

Address 227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
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