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Semper Paratus Acquisition (Semper Paratus Acquisition) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is Semper Paratus Acquisition Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Semper Paratus Acquisition's intangible assets for the quarter that ended in Sep. 2023 was $0.00 Mil.


Semper Paratus Acquisition Intangible Assets Historical Data

The historical data trend for Semper Paratus 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.

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Semper Paratus Acquisition Intangible Assets Chart

Semper Paratus Acquisition Annual Data
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Intangible Assets
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Semper Paratus Acquisition Quarterly Data
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Semper Paratus 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.


Semper Paratus Acquisition  (NAS:LGST) 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.


Semper Paratus Acquisition Intangible Assets Related Terms

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Semper Paratus Acquisition (Semper Paratus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 38th Floor, New York, NY, USA, 10017
Semper Paratus Acquisition Corp is a special purpose acquisition company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Corbin Erisa Opportunity Fund, Ltd. 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Ssvk Associates, Llc 10 percent owner 8911 REGENTS PARK DRIVE, SUITE 550, TAMPA FL 33647
Scott Harris Sussman director 616 POPPY AVE, CORONA DEL MAR CA 92625
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Surendra K Ajjarapu director, 10 percent owner, officer: CEO and Chairman 8604 BUTTON BUSH CT, TAMPA FL 33647
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jeff Rogers officer: President 720 SPYGLASS HILL, HOLLAND MI 49424
Semper Paratus Sponsor Llc 10 percent owner 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Philippe J Kurzweil officer: CFO & Secretary C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Brad Stewart director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017