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Deutsche Konsum REIT-AG (LTS:0RDE) Intangible Assets : €0.00 Mil (As of Dec. 2024)


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What is Deutsche Konsum REIT-AG Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Deutsche Konsum REIT-AG's intangible assets for the quarter that ended in Dec. 2024 was €0.00 Mil.


Deutsche Konsum REIT-AG Intangible Assets Historical Data

The historical data trend for Deutsche Konsum REIT-AG'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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Deutsche Konsum REIT-AG Intangible Assets Chart

Deutsche Konsum REIT-AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Intangible Assets
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Deutsche Konsum REIT-AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Deutsche Konsum REIT-AG 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.


Deutsche Konsum REIT-AG  (LTS:0RDE) 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.


Deutsche Konsum REIT-AG Intangible Assets Related Terms

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Deutsche Konsum REIT-AG Business Description

Traded in Other Exchanges
Address
Marlene-Dietrich-Allee 12b, Potsdam, BB, DEU, 14482
Deutsche Konsum REIT-AG is a real estate company. The company is engaged in the acquisition, leasing and management of domestic retail properties. The main objective of the company is the purchase and long-term holding and leasing of retail properties in Germany and majorly the business sales revenues are almost exclusively from rental income from properties in Germany.

Deutsche Konsum REIT-AG Headlines

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