Trabzon Liman Isletmecili AS (IST:TLMAN) Intangible Assets: ₺114.6 Mil (As of Mar. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:TLMAN Trabzon Liman Isletmecili AS IST:TLMAN
70 GF Score
Price ₺79.75
View Full Analysis

What is Trabzon Liman Isletmecili AS Intangible Assets?

Trabzon Liman Isletmecili AS IST:TLMAN -0.37% 70 Intangible Assets is ₺114.6 Mil as of Mar. 2025. GuruFocus rates IST:TLMAN with a GF Score™ of 70/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Trabzon Liman Isletmecili AS's intangible assets for the quarter that ended in Mar. 2025 was ₺114.6 Mil.


Trabzon Liman Isletmecili AS  (IST:TLMAN) 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.


Trabzon Liman Isletmecili AS Intangible Assets Related Terms


Trabzon Liman Isletmecili AS Intangible Assets Historical Data

* Premium members only.

The historical data trend for Trabzon Liman Isletmecili 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.

Trabzon Liman Isletmecili AS Intangible Assets Chart

Trabzon Liman Isletmecili AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.37 9.50 91.04 119.35 107.19

Trabzon Liman Isletmecili AS Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 92.68 97.84 103.75 107.19 114.62
IST:TLMAN
70GF Score
Trabzon Liman Isletmecili AS IST:TLMAN
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Trabzon Liman Isletmecili 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₺114.6 Mil mean?
Trabzon Liman Isletmecili AS (IST:TLMAN) has a Intangible Assets of ₺114.6 Mil as of Mar. 2025. Intangible assets include patents, goodwill and trade secrets. View historical data on Trabzon Liman Isletmecili AS and its competitors.
Is Trabzon Liman Isletmecili AS's Intangible Assets too high?
Trabzon Liman Isletmecili AS's current Intangible Assets is ₺114.6 Mil. Overall, Trabzon Liman Isletmecili AS has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Trabzon Liman Isletmecili AS's Intangible Assets compare to competitors?
Trabzon Liman Isletmecili AS's Intangible Assets of ₺114.6 Mil can be compared against companies in the Transportation 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 a Transportation company?
A good Intangible Assets depends on the Transportation 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 Trabzon Liman Isletmecili AS and its competitors. Trabzon Liman Isletmecili AS's current Intangible Assets is ₺114.6 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trabzon Liman Isletmecili AS stock overvalued right now?
Trabzon Liman Isletmecili AS (IST:TLMAN) has a current Intangible Assets of ₺114.6 Mil. The current Intangible Assets is ₺114.6 Mil. Trabzon Liman Isletmecili AS's overall GF Score™ is 70/100. 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 Trabzon Liman Isletmecili AS (IST:TLMAN), the current Intangible Assets is ₺114.6 Mil as of Mar. 2025. 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.

Trabzon Liman Isletmecili AS Business Description

Address Iskenderpasa Mah. Rihtim Sok No:13, Trabzon, TUR
Trabzon Liman Isletmecili AS is a Turkey-based company engaged in the business of marine port services. The company operates the port of Trabzon. It offers cargo handling, warehousing, docking, pilotage and towage services and others.
70GF Score

Get the complete analysis for IST:TLMAN

Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺79.75
Price