GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Agthia Group PJSC (ADX:AGTHIA) » Definitions » Intangible Assets

Agthia Group PJSC (ADX:AGTHIA) Intangible Assets : د.إ2,408 Mil (As of Dec. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Agthia Group PJSC Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Agthia Group PJSC's intangible assets for the quarter that ended in Dec. 2023 was د.إ2,408 Mil.


Agthia Group PJSC Intangible Assets Historical Data

The historical data trend for Agthia Group PJSC'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.

Agthia Group PJSC Intangible Assets Chart

Agthia Group PJSC 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 358.84 355.44 2,017.89 2,421.89 2,408.11

Agthia Group PJSC 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 2,421.89 2,416.60 2,414.83 2,411.38 2,408.11

Agthia Group PJSC 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.


Agthia Group PJSC  (ADX:AGTHIA) 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.


Agthia Group PJSC Intangible Assets Related Terms

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


Agthia Group PJSC (ADX:AGTHIA) Business Description

Traded in Other Exchanges
N/A
Address
17th Floor, Sky Tower, P.O. Box 37725, Al Reem Island, Abu Dhabi, ARE
Agthia Group PJSC is a food and beverage company that sells its products to customers across the UAE, GCC, Turkey, and the wider Middle East. Its product portfolio is categorized into segments, including flour and animal feed, water and beverages, processed fruits and vegetables, and dairy and frozen baked products. The company operates through two businesses: agribusiness, which manages, manufactures, distributes, and markets Grand Mills flour and Agrivita animal feed products; and consumer business, which operates in the food and beverage sector and provides products including bottled drinking water, juices, sauces, and dairy products.

Agthia Group PJSC (ADX:AGTHIA) Headlines

No Headlines