GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CT Global Managed Portfolio Trust PLC (LSE:CMPI) » Definitions » Intangible Assets

CT Global Managed Portfolio Trust (LSE:CMPI) Intangible Assets : £0.00 Mil (As of May. 2024)


View and export this data going back to 2008. Start your Free Trial

What is CT Global Managed Portfolio Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. CT Global Managed Portfolio Trust's intangible assets for the quarter that ended in May. 2024 was £0.00 Mil.


CT Global Managed Portfolio Trust Intangible Assets Historical Data

The historical data trend for CT Global Managed Portfolio Trust'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.

CT Global Managed Portfolio Trust Intangible Assets Chart

CT Global Managed Portfolio Trust Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CT Global Managed Portfolio Trust Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 - - - - -

CT Global Managed Portfolio Trust 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.


CT Global Managed Portfolio Trust  (LSE:CMPI) 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.


CT Global Managed Portfolio Trust Intangible Assets Related Terms

Thank you for viewing the detailed overview of CT Global Managed Portfolio Trust's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


CT Global Managed Portfolio Trust Business Description

Traded in Other Exchanges
Address
Quartermile 4, 7a Nightingale Way, Edinburgh, GBR, EH3 9EG
CT Global Managed Portfolio Trust PLC closed-end investment company. The company's investment objectives are to provide investors with access to a broad spread of investment companies, covering a variety of geographies, sectors, and investment managers, with the objective of providing both income and growth, while spreading investment risk. The Company has two classes of shares with two separate investment Portfolios, the Income shares where the investment focus is to provide an attractive level of income, together with some capital growth and the Growth shares, where the investment focus is to achieve capital growth.

CT Global Managed Portfolio Trust Headlines

From GuruFocus

Top 5 2nd Quarter Trades of venBio Partners LLC

By GuruFocus Research GuruFocus Editor 08-16-2022