GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mexico Fund Inc (NYSE:MXF) » Definitions » Intangible Assets

MXF (Mexico Fund) Intangible Assets : $0.00 Mil (As of Oct. 2024)


View and export this data going back to . Start your Free Trial

What is Mexico Fund Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Mexico Fund's intangible assets for the quarter that ended in Oct. 2024 was $0.00 Mil.


Mexico Fund Intangible Assets Historical Data

The historical data trend for Mexico Fund'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.

* Premium members only.

Mexico Fund Intangible Assets Chart

Mexico Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Intangible Assets
Get a 7-Day Free Trial - - - - -

Mexico Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 - - - - -

Mexico Fund 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.


Mexico Fund  (NYSE:MXF) 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.


Mexico Fund Intangible Assets Related Terms

Thank you for viewing the detailed overview of Mexico Fund's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Mexico Fund Business Description

Traded in Other Exchanges
N/A
Address
6700 Alexander Bell Drive, Suite 200, Columbia, MD, USA, 21046
Mexico Fund Inc is a United States-based non-diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation. The fund seeks to achieve its objective through investment in securities, primary in equity, listed on the Mexican Stock Exchange. The company's portfolio of investments consists of investments in different sectors such as auto parts, airports, building materials, chemical products, consumer products, energy, food, and other sectors. The fund provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Impulsora Del Fondo Mexico Sa De Cv other: Investment Adviser 77 ARISTOTELES, POLANCO MEXICO DF O5 11560
Alberto Osorio officer: Sr VP, Treasurer and CFO C/O MEXICO FUND, 1775 I STREET NW, WASHINGTON DC 20006
Claudia Janez director BOSQUE DE ZAPOTES 12, BOSQUES DE LAS LOMAS, CIUDAD DE MEXICO O5 11700
Tofi Dayan officer: Treasurer 77 ARISTOTELES STREET, 3RD FLOOR, POLANO O5 11560
Alberto Gomez Pimienta officer: Operations Vice President THE MEXICO FUND, INC., 1775 I STREET, NW, WASHINGTON DC 20006
Jorge Alamillo officer: Chief Compliance Officer 77 ARISTOTELES STREET, 3RD FLOOR, POLANCO MEXICO DF O5 11560
Edward P Djerejian director 2027 SUNSET BOULEVARD, HOUSTON TX 77005
Jonathan Davis Arzac director MONTE PELVOUX 220 PISO 6, LOMAS DE CHAPULTEPEC O5 11000
Marc J Shapiro director J.P. MORGAN CHASE & CO., 270 PARK AVENUE, NEW YORK NY 10017
Robert L Knauss director 5151 SAN FELIPE, SUITE 1661, HOUSTON TX 77056
Emilio Carrillo Gamboa director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Eugenio Clariond director VASCONCELOS 220 OTE., COL. RESIDENCIAL SAN AGUSTIN, SAN PEDRO GARZA GARCIA, N.L. O5 66260
Gomez Pimienta Jose Luis director 77 ARISTOTELES, 3RD FLOOR, POLANCO D.F. O5 11560
Puche Jaime Serra director C/O DECHERT,1775 EYE STREET NW, 1775 EYE STREET NW, WASHINGTON DC 20006
Jose Luis Gomez Pimienta director

Mexico Fund Headlines

From GuruFocus

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire 10-30-2024

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire 12-13-2024

THE MEXICO FUND, INC. DECLARES DISTRIBUTION

By PRNewswire 03-08-2024

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire 07-27-2023

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire PRNewswire 01-26-2023

THE MEXICO FUND, INC. PAYS DISTRIBUTION

By PRNewswire 07-25-2024