GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Aetherium Acquisition Corp (NAS:GMFI) » Definitions » Intangible Assets

Aetherium Acquisition (Aetherium Acquisition) Intangible Assets : $0.00 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Aetherium Acquisition Intangible Assets?

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


Aetherium Acquisition Intangible Assets Historical Data

The historical data trend for Aetherium Acquisition'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.

Aetherium Acquisition Intangible Assets Chart

Aetherium Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Intangible Assets
- - -

Aetherium Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Aetherium Acquisition 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.


Aetherium Acquisition  (NAS:GMFI) 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.


Aetherium Acquisition Intangible Assets Related Terms

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


Aetherium Acquisition (Aetherium Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
79B Pemberwick Road, Greenwich, CT, USA, 06831
Aetherium Acquisition Corp is a blank check company. It is formed for the purpose of acquiring, engaging in a share exchange, share reconstruction and amalgamation with, purchasing all or substantially all of the assets of, entering into contractual arrangements with, or engaging in any other similar business combination with one or more businesses.
Executives
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Wolverine Asset Management Llc 10 percent owner 175 WEST JACKSON, SUITE 340, CHICAGO IL 60604
Alex Benjamin Lee officer: Chief Financial Officer 109 BEVERLY ST., MOUNTAIN VIEW CA 94043
Aetherium Capital Holdings Llc 10 percent owner 109 BEVERLY ST., MOUNTAIN VIEW CA 94043
Jonathan Vincent Chan director, 10 percent owner, officer: Chief Executive Officer 109 BEVERLY ST, MOUNTAIN VIEW CA 94043
Mariana Kou director 79B PEMBERWICK RD, GREENWICH CT 06831
Charles Abelmann director 79B PEMBERWICK RD, GREENWICH CT 06831
Lim How Teck director 79B PEMBERWICK RD, GREENWICH CT 06831