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Galatasaray Sportif Sinai Veticari Yatirimlar AS (IST:GSRAY) Intangible Assets : ₺3,498 Mil (As of Aug. 2024)


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What is Galatasaray Sportif Sinai Veticari Yatirimlar AS Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Galatasaray Sportif Sinai Veticari Yatirimlar AS's intangible assets for the quarter that ended in Aug. 2024 was ₺3,498 Mil.


Galatasaray Sportif Sinai Veticari Yatirimlar AS Intangible Assets Historical Data

The historical data trend for Galatasaray Sportif Sinai Veticari Yatirimlar AS'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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Galatasaray Sportif Sinai Veticari Yatirimlar AS Intangible Assets Chart

Galatasaray Sportif Sinai Veticari Yatirimlar AS Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 167.46 87.76 258.40 2,257.39 2,758.39

Galatasaray Sportif Sinai Veticari Yatirimlar AS Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 1,527.60 1,779.89 1,701.84 2,758.39 3,497.55

Galatasaray Sportif Sinai Veticari Yatirimlar AS 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS  (IST:GSRAY) 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.


Galatasaray Sportif Sinai Veticari Yatirimlar AS Intangible Assets Related Terms

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Galatasaray Sportif Sinai Veticari Yatirimlar AS Business Description

Traded in Other Exchanges
N/A
Address
Fulya Mah Akinci Bayiri Sok No 8 K 6, Mecidiyekoy, Istanbul, TUR, 34345
Galatasaray Sportif Sinai Veticari Yatirimlar AS is a Turkey-based company engages in the promotion of Galatasaray professional football team. Its activities include sponsorship, production of licensed goods, advertising, public relations and media.

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