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GWWTF (Growthpoint Properties) Intangible Assets : $31.0 Mil (As of Jun. 2024)


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What is Growthpoint Properties Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Growthpoint Properties's intangible assets for the quarter that ended in Jun. 2024 was $31.0 Mil.


Growthpoint Properties Intangible Assets Historical Data

The historical data trend for Growthpoint 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.

Growthpoint Properties Intangible Assets Chart

Growthpoint Properties Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 40.85 42.91 31.36 52.12 30.98

Growthpoint Properties Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 31.36 61.23 52.12 49.75 30.98

Growthpoint 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.


Growthpoint Properties  (OTCPK:GWWTF) 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.


Growthpoint Properties Intangible Assets Related Terms

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


Growthpoint Properties Business Description

Traded in Other Exchanges
Address
The Place, 1 Sandton Drive, Sandton, GT, ZAF, 2196
Growthpoint Properties Ltd is a property investment holding company engaged in the ownership of a variety of properties in South Africa and Australia. The company generates majority of its revenue from the Retail and office segments. These buildings, which are mainly office parks and low rises, are also Growthpoint's maximum valuable real estate assets. The operating segments of the company include Retail, Office, Industrial, Trading and Development, V&A Waterfront, Healthcare (GHPH), Student Accommodation (GSAH), Lango, GWI, GOZ and C&R.