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PPAL (Peoples Trust Company Of St. Albans) Intangible Assets : $0.00 Mil (As of Dec. 2024)


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What is Peoples Trust Company Of St. Albans Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Peoples Trust Company Of St. Albans's intangible assets for the quarter that ended in Dec. 2024 was $0.00 Mil.


Peoples Trust Company Of St. Albans Intangible Assets Historical Data

The historical data trend for Peoples Trust Company Of St. Albans'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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Peoples Trust Company Of St. Albans Intangible Assets Chart

Peoples Trust Company Of St. Albans Annual Data
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Peoples Trust Company Of St. Albans Semi-Annual Data
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Peoples Trust Company Of St. Albans 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.


Peoples Trust Company Of St. Albans  (OTCPK:PPAL) 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.


Peoples Trust Company Of St. Albans Intangible Assets Related Terms

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Peoples Trust Company Of St. Albans Business Description

Traded in Other Exchanges
N/A
Address
25 Kingman Street, Saint Albans, VT, USA, 05478
Peoples Trust Company Of St. Albans is a banking company. The Bank provides financial services to individuals, municipalities, commercial, and non-profit customers through its branches in northwestern Vermont. The services provided by the bank are checking and savings accounts, online access, personal banking, business banking, community banking, and certificates of deposit. The lending products of the bank are commercial, real estate, agricultural, agricultural real estate, equity, municipal, and consumer loans.

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