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Phillips Edison (Phillips Edison) Intangible Assets : $35.8 Mil (As of Mar. 2024)


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What is Phillips Edison Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Phillips Edison's intangible assets for the quarter that ended in Mar. 2024 was $35.8 Mil.


Phillips Edison Intangible Assets Historical Data

The historical data trend for Phillips Edison'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.

Phillips Edison Intangible Assets Chart

Phillips Edison 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 33.95 35.87 35.77 35.76 35.75

Phillips Edison Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.76 29.07 35.75 35.75 35.75

Phillips Edison 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.


Phillips Edison  (NAS:PECO) 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.


Phillips Edison Intangible Assets Related Terms

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Phillips Edison (Phillips Edison) Business Description

Traded in Other Exchanges
Address
11501 Northlake Drive, Cincinnati, OH, USA, 45249
Phillips Edison & Co Inc is a real estate investment trust. It invests primarily in well-occupied, grocery-anchored neighborhood and community shopping centers. It holds an integrated in-house operating platform built on market leading expertise designed to optimize property value and consistently deliver a great shopping experience.
Executives
Anthony E Terry director 9002 SAN MARCO COURT, ORLANDO FL 32819
Parilee Edison Wang director 3982 SADDLEBACK ROAD, PARK CITY UT 84098
Leslie T Chao director 103 EISENHOWER PARKWAY, ROSELAND NJ 07068
Paul Massey director PHILLIPS EDISON-ARC SHOPPING CENTER REIT, 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
John P Caulfield officer: CFO, SVP & Treasurer 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Elizabeth Fischer director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Jane Silfen director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
David W Garrison director C/O SONICWALL, INC.,, 1143 BORREGAS AVE, SUNNYVALE CA 94089
John A. Strong director 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Tanya Brady officer: See Remarks C/O PHILLIPS EDISON & COMPANY, INC., 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Gregory S. Wood director 800 SOUTH ST. STE # 305, WALTHAM MA 02453
Stephen R Quazzo director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 44 SOUTH BROADWAY, WHITE PLAINS NY 10601
Devin Ignatius Murphy officer: CFO, Secretary and Treasurer 104 MAIN STREET, SOUTHPORT CT 06890
Jeffrey Edison director, officer: Chairman of the Board & CEO 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249
Robert Mark Addy officer: Executive Vice President 11501 NORTHLAKE DRIVE, CINCINNATI OH 45249