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PT Urban Jakarta Propertindo Tbk (ISX:URBN) Intangible Assets : Rp0 Mil (As of Sep. 2024)


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What is PT Urban Jakarta Propertindo Tbk Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. PT Urban Jakarta Propertindo Tbk's intangible assets for the quarter that ended in Sep. 2024 was Rp0 Mil.


PT Urban Jakarta Propertindo Tbk Intangible Assets Historical Data

The historical data trend for PT Urban Jakarta Propertindo 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 Urban Jakarta Propertindo Tbk Intangible Assets Chart

PT Urban Jakarta Propertindo Tbk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial - 2,138.32 1,360.75 583.18 -

PT Urban Jakarta Propertindo 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 - - - - -

PT Urban Jakarta Propertindo 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 Urban Jakarta Propertindo Tbk  (ISX:URBN) 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 Urban Jakarta Propertindo Tbk Intangible Assets Related Terms

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PT Urban Jakarta Propertindo Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jendral Sudirman Kav. 52-53, District 8 Treasury Tower - Floor 19, F-G - SCBD Lot 28, Jakarta Selatan, Jakarta, IDN, 12190
PT Urban Jakarta Propertindo Tbk is a real estate development company. The company's operating segment include Apartment and Others. It generates maximum revenue from the Apartment segment. The company's property portfolio includes residential property, commercial property, and shopping malls.

PT Urban Jakarta Propertindo Tbk Headlines