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Montauk Renewables (Montauk Renewables) Intangible Assets : $18.2 Mil (As of Mar. 2024)


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What is Montauk Renewables Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Montauk Renewables's intangible assets for the quarter that ended in Mar. 2024 was $18.2 Mil.


Montauk Renewables Intangible Assets Historical Data

The historical data trend for Montauk Renewables'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.

Montauk Renewables Intangible Assets Chart

Montauk Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial 12.40 14.68 14.11 15.76 18.42

Montauk Renewables Quarterly Data
Dec18 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 15.51 15.27 15.03 18.42 18.18

Montauk Renewables 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.


Montauk Renewables  (NAS:MNTK) 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.


Montauk Renewables Intangible Assets Related Terms

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Montauk Renewables (Montauk Renewables) Business Description

Traded in Other Exchanges
Address
5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205
Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.
Executives
Michael Barsch officer: See Remarks 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Sean F Mcclain director, officer: President and CEO C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Scott E Hill officer: VP of Business Development C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Jennifer E Cunningham director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
Sharon R Frank officer: VP Environ. Health & Safety C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Yunis Shaik director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN PL 10, FL 5, PITTSBURGH PA 15220
John Ciroli officer: VP, GC and Secretary C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
John A Copelyn director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Van Asdalan Kevin A officer: CFO and Treasurer C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
James A Shaw officer: Vice President of Operations C/O MONTAUK RENEWABLES, INC., 5313 CAMPBELLS RUN ROAD, SUITE 200, PITTSBURGH PA 15205
Bruce S Raynor director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10 FL 5, PITTSBURGH PA 15220
Mohamed H Ahmed director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Michael Alon Jacobson director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR., FOSTER PL 10, FL 5, PITTSBURGH PA 15220
Montauk Holdings Ltd 10 percent owner 5TH FLOOR STERLING STREET, ZONNEBLOEM, CAPE TOWN T3 7925
Govender Theventheran (kevin) G director C/O MONTAUK RENEWABLES, INC., 680 ANDERSEN DR. FOSTER PL 10 FL 5, PITTSBURGH PA 15220