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IPVF.U (InterPrivate III Financial Partners) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is InterPrivate III Financial Partners Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. InterPrivate III Financial Partners's intangible assets for the quarter that ended in Sep. 2023 was $0.00 Mil.


InterPrivate III Financial Partners Intangible Assets Historical Data

The historical data trend for InterPrivate III Financial Partners'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.

InterPrivate III Financial Partners Intangible Assets Chart

InterPrivate III Financial Partners Annual Data
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InterPrivate III Financial Partners Quarterly Data
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InterPrivate III Financial Partners 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.


InterPrivate III Financial Partners  (AMEX:IPVF.U) 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.


InterPrivate III Financial Partners Intangible Assets Related Terms

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InterPrivate III Financial Partners Business Description

Traded in Other Exchanges
N/A
Address
1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019
InterPrivate III Financial Partners Inc is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses.
Executives
Richard A Mcginn director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
John B Mccoy director 208 S. AKARD ST., --, DALLAS TX 75202
Howard H Newman director C/O PINE BROOK ROAD PARTNERS, LLC, 60 EAST 42ND STREET, SUITE 3014, NEW YORK NY 10165
Ahmed M Fattouh 10 percent owner, officer: Chairman and CEO C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Brandon C Bentley officer: General Counsel C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Minesh K Patel officer: Vice President C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Sunil Aruna Kappagoda director, officer: Vice Chairman 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Interprivate Acquisition Management Iii, Llc 10 percent owner, other: Director by Deputization 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Nicholaos Krenteras director, officer: President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Gordy Holterman director 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019