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SKAS (Saker Aviation Services) Intangible Assets : $0.00 Mil (As of Sep. 2024)


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What is Saker Aviation Services Intangible Assets?

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


Saker Aviation Services Intangible Assets Historical Data

The historical data trend for Saker Aviation Services'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.

Saker Aviation Services Intangible Assets Chart

Saker Aviation Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.75 0.75 - -

Saker Aviation Services Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Saker Aviation Services 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.


Saker Aviation Services  (OTCPK:SKAS) 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.


Saker Aviation Services Intangible Assets Related Terms

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Saker Aviation Services Business Description

Traded in Other Exchanges
N/A
Address
20 South Street, Pier 6 East River, New York, NY, USA, 10004
Saker Aviation Services Inc operates in aviation services. It serves as the operator of a heliport, a fixed base operation (FBO), a provider of aircraft maintenance, repair, and overhaul services, and a consultant for a non-owned seaplane base. The company focuses on safety, outstanding customer service, and personalized solutions and it offers full-service FBOs that provide products and services for commercial airlines, private and business jets, military aircraft, and rotor aircraft. Geographically, business activities are carried out throughout the region of the United States.
Executives
Roy Moskowitz director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Mark N Raab officer: Acting Principal Fin. Officer C/O TECHSYS INC, 147 COLUMBIA TURNPIKE SUITE 109, FLORHAM PARK NJ 07932
Samuel D. Goldstein director 20 SOUTH STREET, PIER 6 EAST RIVER, NEW YORK NY 10004
Marc Chodock director 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10010
Acm Value Opportunities Fund I Gp, Llc other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Arvice Capital Management, Llc other: See Footnote (2) 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Acm Value Opportunities Fund I, Lp other: See Footnote (2) C/O ARVICE CAPITAL MANAGEMENT, LLC, 110 EAST 25TH STREET, 3RD FLOOR, NEW YORK NY 10011
Ronald J Ricciardi director, officer: President and CEO 100 HANGAR ROAD, WILKES-BARRE/SCRANTON INTERNTL. AIRPORT, AVOCA PA 18641
Jeffrey B Mendell director JBM REALTY, 10 GLENVILLE STREET, GREENWICH CT 06831
Donald Hecht director 111 WEST 40TH ST, NEW YORK NY 10018
Alvin S Trenk director 44 ASPEN DRIVE, LIVINGSTON NJ 07039
William B Wachtel director, 10 percent owner 110 EAST 59TH ST, NEW YORK NY 10022
Gary E Hart officer: COO and Senior VP 236 SING SING ROAD, ELMIRA-CORNING REGIONAL AIRPORT, HORSEHEADS NY 14845
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Thomas Iovino director C/O JUDLAW CONTRACTING, INC., 26-15 ULMER ST., COLLEGE POINT NY 11354