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Presidio Property Trust (Presidio Property Trust) Intangible Assets : $5.68 Mil (As of Dec. 2023)


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What is Presidio Property Trust Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Presidio Property Trust's intangible assets for the quarter that ended in Dec. 2023 was $5.68 Mil.


Presidio Property Trust Intangible Assets Historical Data

The historical data trend for Presidio Property Trust'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.

Presidio Property Trust Intangible Assets Chart

Presidio Property Trust 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 6.87 6.68 6.62 6.56 5.68

Presidio Property Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 6.56 5.65 6.53 6.53 5.68

Presidio Property Trust 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.


Presidio Property Trust  (NAS:SQFT) 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.


Presidio Property Trust Intangible Assets Related Terms

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Presidio Property Trust (Presidio Property Trust) Business Description

Traded in Other Exchanges
Address
4995 Murphy Canyon Road, Suite 300, San Diego, CA, USA, 92123
Presidio Property Trust Inc is a real estate company. The company operates as a self-administered real estate investment trust. Presidio Property Trust's portfolio has diverse product types consisting of office, retail, industrial, self-storage, and residential properties. Its main objective is to maximize long-term stockholder value through the acquisition, management, leasing and selective redevelopment of high-quality office and industrial properties.
Executives
Tracie Jan Hager director 877 ISLAND AVENUE, UNIT 607, SAN DIEGO CA 92101
Steven Hightower director, other: President, NetREIT Advisors 6605 CYPRESSWOOD DRIVE, SUITE 430, SPRING TX 77379
Jack Kendrick Heilbron director, officer: Chief Executive Officer 16433 BRONCO LANE, POWAY CA 92064
Adam Sragovicz officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
James Robert Durfey director 818 BUCCANEER PT., DECATUR IL 62521
Larry Gene Dubose director 14218BENNEY BRIER, HOUSTON TX 77069
Bentzen Edwin H Iv officer: Chief Accounting Officer 2513 BIRCH HOLLOW ST, HENDERSON NV 89044
Jessica C Joelson officer: Chief Accounting Officer 4995 MURPHY CANYON ROAD, SUITE 300, SAN DIEGO CA 92123
Jennifer A Barnes director C/O PRESIDIO PROPERTY TRUST, INC., SAN DIEGO CA 92123
Laureen Ong director 1251 EAST MAIN STREET, STAMFORD CT 06902
Quyen Thi Dao-haddock officer: Chief Accounting Officer C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Gary Morris Katz officer: SVP, Asset Management C/O: PRESIDIO PROPERTY TRUST, INC., 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Grant Harbert officer: Chief Financial Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Heather L Pittard officer: Principal Accounting Officer 1282 PACIFIC OAKS PLACE, ESCONDIDO CA 92029
Shirley Y Bullard director P.O. BOX 461837, ESCONDIDO CA 92046

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