GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Argo Pantes Tbk (ISX:ARGO) » Definitions » Intangible Assets

PT Argo Pantes Tbk (ISX:ARGO) Intangible Assets : Rp4,009 Mil (As of Sep. 2024)


View and export this data going back to 1991. Start your Free Trial

What is PT Argo Pantes Tbk Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. PT Argo Pantes Tbk's intangible assets for the quarter that ended in Sep. 2024 was Rp4,009 Mil.


PT Argo Pantes Tbk Intangible Assets Historical Data

The historical data trend for PT Argo Pantes Tbk'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.

PT Argo Pantes Tbk Intangible Assets Chart

PT Argo Pantes Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,324.59 - 3,570.38 4,908.06 4,589.55

PT Argo Pantes Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4,669.18 4,589.55 4,509.93 - 4,008.89

PT Argo Pantes Tbk 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.


PT Argo Pantes Tbk  (ISX:ARGO) 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.


PT Argo Pantes Tbk Intangible Assets Related Terms

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


PT Argo Pantes Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan. Jenderal Gatot Subroto No. 95, Kav.22, Wisma Argo Manunggal, 2nd Floor, Jakarta, IDN, 12930
PT Argo Pantes Tbk operates in the textile industry. The company is engaged in the production and sales of finished fabric, knitting, and garment. The company has two operating segments which include the textile industry and rent out of which the majority of the revenue derives from the Textile segment.

PT Argo Pantes Tbk Headlines

From GuruFocus

Argo Group Announces Closing of Lloyd's Syndicate 1200 Transaction

By Business Wire Business Wire 02-02-2023

Greg Chilson to Serve as President of Argo Surety

By Business Wire 08-21-2023