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abrdn Latin Americanome Fund (LSE:ALAI) Intangible Assets : £0.00 Mil (As of Aug. 2022)


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What is abrdn Latin Americanome Fund Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. abrdn Latin Americanome Fund's intangible assets for the quarter that ended in Aug. 2022 was £0.00 Mil.


abrdn Latin Americanome Fund Intangible Assets Historical Data

The historical data trend for abrdn Latin Americanome Fund'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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abrdn Latin Americanome Fund Intangible Assets Chart

abrdn Latin Americanome Fund Annual Data
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Intangible Assets
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abrdn Latin Americanome Fund Semi-Annual Data
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abrdn Latin Americanome Fund 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.


abrdn Latin Americanome Fund  (LSE:ALAI) 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.


abrdn Latin Americanome Fund Intangible Assets Related Terms

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abrdn Latin Americanome Fund (LSE:ALAI) Business Description

Traded in Other Exchanges
N/A
Address
48 - 50 Esplanade, 1st Floor, Sir Walter Raleigh House, Saint Helier, JEY, JE2 3QB
abrdn Latin American Income Fund Ltd is a closed-ended investment company. The investment objective of the company is to provide Ordinary Shareholders with a total return, with an above average yield, primarily through investing in Latin American securities. It has a diversified portfolio consisting of equities, equity-related and fixed income investments with approximately 25% of its gross assets invested in equity and equity-related investments and approximately 25% of its gross assets invested in fixed income investments. Geographically, it derives a majority of revenue from Brazil. Its only operating segment investing in equity securities, debt instruments, and related derivatives.

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