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GLU (Gabelli Global Utility &ome Trust) Intangible Assets : $0.00 Mil (As of Dec. 2024)


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What is Gabelli Global Utility &ome Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Gabelli Global Utility &ome Trust's intangible assets for the quarter that ended in Dec. 2024 was $0.00 Mil.


Gabelli Global Utility &ome Trust Intangible Assets Historical Data

The historical data trend for Gabelli Global Utility &ome Trust'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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Gabelli Global Utility &ome Trust Intangible Assets Chart

Gabelli Global Utility &ome Trust Annual Data
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Intangible Assets
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Gabelli Global Utility &ome Trust Semi-Annual Data
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Gabelli Global Utility &ome Trust 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.


Gabelli Global Utility &ome Trust  (AMEX:GLU) 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.


Gabelli Global Utility &ome Trust Intangible Assets Related Terms

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Gabelli Global Utility &ome Trust Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It predominantly invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Sell Richard G Jr officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
David I Schachter officer: Vice President ONE CORPORATE CENTER, RYE NY 10580
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Gabelli Funds Llc other: Investment Advisor ONE CORPORATE CENTER, RYE NY 10580
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580

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