Diverseome Trust (The) (LSE:DIVI) Intangible Assets : £0.00 Mil (As of May. 2023)

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What is Diverseome Trust (The) Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Diverseome Trust (The)'s intangible assets for the quarter that ended in May. 2023 was £0.00 Mil.

Diverseome Trust (The) Intangible Assets Historical Data

The historical data trend for Diverseome Trust (The)'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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Diverseome Trust (The) Intangible Assets Chart

Diverseome Trust (The) Annual Data

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Intangible Assets

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Diverseome Trust (The) Semi-Annual Data
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Diverseome Trust (The) 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.

Diverseome Trust (The) (LSE:DIVI) 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.

Diverseome Trust (The) Intangible Assets Related Terms

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Diverseome Trust (The) (LSE:DIVI) Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Diverse Income Trust (The) PLC (LSE:DIVI) » Definitions » Intangible Assets

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DIVIl:UK

Address

Southernhay West, Broadwalk House, Exeter, Devon, GBR, EX1 1TS

Website

https://www.diverseincometrust.com

Diverse Income Trust (The) PLC is a UK-based closed-end investment fund. The company mainly invests in quoted or traded UK companies with a wide range of market capitalizations but a long-term bias toward small and mid-cap equities. It adopts a stock-specific approach in managing the company's portfolio and therefore sector weightings are of secondary consideration. The company also utilizes derivative instruments including index-linked notes, contracts for differences, covered options, and other equity-related derivative instruments for efficient portfolio management, gearing, and investment purposes. Its main objective is to pay shareholders a good and growing dividend income.