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Kingswood Acquisition (Kingswood Acquisition) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is Kingswood Acquisition Intangible Assets?

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


Kingswood Acquisition Intangible Assets Historical Data

The historical data trend for Kingswood Acquisition'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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Kingswood Acquisition Intangible Assets Chart

Kingswood Acquisition Annual Data
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Intangible Assets
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Kingswood Acquisition Quarterly Data
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Kingswood Acquisition 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.


Kingswood Acquisition  (OTCPK:KWAC) 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.


Kingswood Acquisition Intangible Assets Related Terms

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Kingswood Acquisition (Kingswood Acquisition) Business Description

Traded in Other Exchanges
Address
17 Battery Place, Room 625, New York, NY, USA, 10004
Kingswood Acquisition Corp is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Goldman Sachs & Co. Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Jeremy Wilder director 21 ELMRIDGE, SCARSDALE NY 10583
Gary Wilder director, 10 percent owner, other: Executive Chairman 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Caroline O'connell director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
David Hudd director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Jonathan Massing director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Michael Nessim director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Ralph Lawrence Roth director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Lisa Roth director 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Kingswood Global Sponsor Llc 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004
Howard Garland director, 10 percent owner 17 BATTERY PLACE, ROOM 625, NEW YORK NY 10004