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Invesco Perpetual UK Smaller Inv Tst (LSE:IPU) Intangible Assets : £0.00 Mil (As of Jul. 2024)


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What is Invesco Perpetual UK Smaller Inv Tst Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Invesco Perpetual UK Smaller Inv Tst's intangible assets for the quarter that ended in Jul. 2024 was £0.00 Mil.


Invesco Perpetual UK Smaller Inv Tst Intangible Assets Historical Data

The historical data trend for Invesco Perpetual UK Smaller Inv Tst'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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Invesco Perpetual UK Smaller Inv Tst Intangible Assets Chart

Invesco Perpetual UK Smaller Inv Tst Annual Data
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Intangible Assets
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Invesco Perpetual UK Smaller Inv Tst Semi-Annual Data
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Invesco Perpetual UK Smaller Inv Tst 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.


Invesco Perpetual UK Smaller Inv Tst  (LSE:IPU) 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.


Invesco Perpetual UK Smaller Inv Tst Intangible Assets Related Terms

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Invesco Perpetual UK Smaller Inv Tst Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Perpetual UK Smaller Companies Inv Tst PLC is an investment trust based in the United Kingdom. The company's investment objective is to achieve a long-term total return for shareholders primarily by investment in a broad cross-section of small to medium-sized UK quoted companies. The Company is engaged in a single segment of business of investing in equity and debt securities, issued by companies operating and generating revenue mainly in the UK.

Invesco Perpetual UK Smaller Inv Tst Headlines

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