AMIH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
AMIH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. American International Holdings's intangible assets for the quarter that ended in Mar. 2023 was $8.30 Mil.
The historical data trend for American International Holdings'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.
American International Holdings Annual Data | |||||||||||||||||||||
Trend | Dec13 | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Intangible Assets | Get a 7-Day Free Trial | - | - | - | - | - |
American International Holdings Quarterly Data | ||||||||||||||||||||
Jun18 | Sep18 | Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | |
Intangible Assets | Get a 7-Day Free Trial | - | - | - | - | 8.30 |
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.
American International Holdings (OTCPK:AMIH) 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.
Thank you for viewing the detailed overview of American International Holdings's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael David Mclaren | director, 10 percent owner, officer: Chief Executive Officer | 205 S BAILEY STREET, ELECTRA TX 76360 |
Gary Giles | director | 2632 TORREY PINE DRIVE, FORT WORTH TX 76109 |
Marble Trital Inc. | 10 percent owner | 90 STATE STREET, SUITE 700, OFFICE 40, ALBANY NY 12207 |
Kenny Myers | director | 5101 ADDISON CIRCLE,, UNIT 401,, ADDISON TX 75001 |
Lorraine Pamela D'alessio | director | 8200 WILSHIRE BLVD, BEVERLY HILLS, CALIFORNIA CA 90211 |
Peter Casey Jensen | director | 1052 MONTE CRISTO, PHOENIX AZ 85022 |
Jacob D. Cohen | director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER | 2101 GLENDALE DRIVE, PLANO TX 75023 |
Luis Alan Hernandez | director, 10 percent owner, officer: CHIEF MARKETING OFFICER | 11222 RICHMOND AVENUE SUITE 195, HOUSTON TX 77082 |
Esteban Alexander | director, 10 percent owner, officer: CHIEF OPERATING OFFICER | 11222 RICHMOND AVENUE, SUITE 195, HOUSTON TX 77082 |
Daniel Dror | officer: Chairman & CEO | 601 HANSON RD, KEMAH TX 77565-2701 |
Stump John W Iii | other: Director | 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077 |
Sherry Lynne Couturier | officer: VP & CFO | 601 CIEN STREET, STE. 235, KEMAH TX 77565 |
American International Industries Inc | 10 percent owner | 601 CIEN ST, SUITE 235, KEMAH TX 77565-2701 |
Gary D Woerz | officer: President and CFO | 601 CIEN RD, SUITE 235, KEMAH TX 77565 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 01-18-2022
By Marketwired Marketwired • 09-14-2021
By Marketwired Marketwired • 03-09-2021
By Marketwired • 07-17-2023
By GuruFocusNews GuruFocusNews • 06-20-2022
By Don Li2 Don Li2 • 11-15-2021
By Marketwired Marketwired • 06-29-2021
By Marketwired Marketwired • 05-11-2021
By Marketwired Marketwired • 08-10-2021
By GuruFocusNews GuruFocusNews • 02-15-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.