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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Madison Square Garden Entertainment's intangible assets for the quarter that ended in Mar. 2026 was $133 Mil.
Madison Square Garden Entertainment (NYSE:MSGE) 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.
Madison Square Garden Entertainment Intangible Assets Related Terms
Madison Square Garden Entertainment Intangible Assets Historical Data
* 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.
Madison Square Garden Entertainment Intangible Assets Chart
Madison Square Garden Entertainment 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.
Madison Square Garden Entertainment (MSGE) has a Intangible Assets of $133 Mil as of Mar. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Madison Square Garden Entertainment and its competitors.
Is Madison Square Garden Entertainment's Intangible Assets too high?
Madison Square Garden Entertainment's current Intangible Assets is $133 Mil. Overall, Madison Square Garden Entertainment has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Madison Square Garden Entertainment's Intangible Assets compare to CNK and MANU?
Madison Square Garden Entertainment's Intangible Assets of $133 Mil can be compared against companies in the Media - Diversified 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 a Media - Diversified company?
A good Intangible Assets depends on the Media - Diversified 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 Madison Square Garden Entertainment and its competitors. Madison Square Garden Entertainment's current Intangible Assets is $133 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Madison Square Garden Entertainment stock overvalued right now?
Based on GuruFocus' analysis, Madison Square Garden Entertainment (MSGE) is currently considered Significantly Overvalued. The stock's GF Value™ is $43.28, compared to a current price of $77.35 — trading 78.7% above its estimated fair value. The current Intangible Assets is $133 Mil. Madison Square Garden Entertainment's overall GF Score™ is 74/100 with 8 warning signs to review. 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 Madison Square Garden Entertainment (MSGE), the current Intangible Assets is $133 Mil as of Mar. 2026. 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.
Is Madison Square Garden Entertainment (MSGE) Overvalued in 2026?
Based on GuruFocus' analysis, Madison Square Garden Entertainment stock appears to be overvalued.
The current stock price of $77.35 is trading 78.7% above its estimated GF Value™ of $43.28.
GuruFocus considers Madison Square Garden Entertainment to be Significantly Overvalued.
Key valuation signals for MSGE:
Intangible Assets: $133 Mil
GF Value™: $43.28 vs. price of $77.35 (78.7% above fair value)
No single metric tells the full story. See the MSGE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Madison Square Garden Entertainment Business Description
Madison Square Garden Entertainment Corp provides live entertainment, delivering unforgettable experiences while forging deep connections with diverse and passionate audiences. The company's portfolio includes a collection of world-renowned venues - New York's Madison Square Garden, The Theater at Madison Square Garden, Radio City Music Hall, and Beacon Theatre; and The Chicago Theatre - that showcase a broad array of sporting events, concerts, family shows, and special events for millions of guests annually. In addition, the company features the original production, the Christmas Spectacular Starring the Radio City Rockettes, which has been a holiday tradition for 89 years.
74GF Score
Get the complete analysis for MSGE
Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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