Gazprom PJSC (MIC:GAZP) Intangible Assets: ₽130,602 Mil (As of Jun. 2023)


MIC:GAZP Gazprom PJSC MIC:GAZP
17 GF Score
Price ₽95.86
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What is Gazprom PJSC Intangible Assets?

Gazprom PJSC MIC:GAZP +1.70% 17 Intangible Assets is ₽130,602 Mil as of Jun. 2023. GuruFocus rates MIC:GAZP with a GF Score™ of 17/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Gazprom PJSC's intangible assets for the quarter that ended in Jun. 2023 was ₽130,602 Mil.


Gazprom PJSC  (MIC:GAZP) 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.


Gazprom PJSC Intangible Assets Related Terms


Gazprom PJSC Intangible Assets Historical Data

* Premium members only.

The historical data trend for Gazprom PJSC'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.

Gazprom PJSC Intangible Assets Chart

Gazprom PJSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160,850.00 194,408.00 199,894.00 213,273.00 230,023.00

Gazprom PJSC Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 201,302.00 213,273.00 0.00 230,023.00 130,602.00
MIC:GAZP
17GF Score
Gazprom PJSC MIC:GAZP
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Gazprom PJSC 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of ₽130,602 Mil mean?
Gazprom PJSC (MIC:GAZP) has a Intangible Assets of ₽130,602 Mil as of Jun. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on Gazprom PJSC and its competitors.
Is Gazprom PJSC's Intangible Assets too high?
Gazprom PJSC's current Intangible Assets is ₽130,602 Mil. Overall, Gazprom PJSC has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Gazprom PJSC's Intangible Assets compare to XOM and CVX?
Gazprom PJSC's Intangible Assets of ₽130,602 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for an Oil & Gas company?
A good Intangible Assets depends on the Oil & Gas industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Gazprom PJSC and its competitors. Gazprom PJSC's current Intangible Assets is ₽130,602 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gazprom PJSC stock overvalued right now?
Gazprom PJSC (MIC:GAZP) has a current Intangible Assets of ₽130,602 Mil. The current Intangible Assets is ₽130,602 Mil. Gazprom PJSC's overall GF Score™ is 17/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Gazprom PJSC (MIC:GAZP), the current Intangible Assets is ₽130,602 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gazprom PJSC Business Description

Industry EnergyOil & Gas
Address St. Petersburg, 2/3 Lakhtinsky Avenue, Building No. 1, Moscow, RUS, 197229
Gazprom PJSC is a Russian-based integrated oil and gas company in which the Russian government is a majority shareholder. Much of the business lies within the production, transportation, and distribution of natural gas. The company is a major gas supplier to European countries, with substantial gas pipelines throughout Western Russia and into Europe. While its oil segment is a smaller portion of revenue, the company is still integrated into the production, processing, and refinement of crude oil and refined products. Across both segments, the company produces its oil and gas from fields distributed across Russia, with end markets consisting mostly of Europe and Russia.
17GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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