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Gulf Hotels Group BSC (BAH:GHG) Intangible Assets : BHD0.00 Mil (As of Mar. 2024)


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What is Gulf Hotels Group BSC Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Gulf Hotels Group BSC's intangible assets for the quarter that ended in Mar. 2024 was BHD0.00 Mil.


Gulf Hotels Group BSC Intangible Assets Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

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Gulf Hotels Group BSC Intangible Assets Chart

Gulf Hotels Group BSC Annual Data
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Intangible Assets
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Gulf Hotels Group BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Gulf Hotels Group BSC 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.


Gulf Hotels Group BSC  (BAH:GHG) 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.


Gulf Hotels Group BSC Intangible Assets Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.

Gulf Hotels Group BSC (BAH:GHG) Headlines