GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pershing Square Tontine Holdings Ltd (NYSE:PSTH) » Definitions » Intangible Assets

Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Intangible Assets : $0.00 Mil (As of Mar. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Pershing Square Tontine Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Pershing Square Tontine Holdings's intangible assets for the quarter that ended in Mar. 2022 was $0.00 Mil.


Pershing Square Tontine Holdings Intangible Assets Historical Data

The historical data trend for Pershing Square Tontine Holdings'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.

Pershing Square Tontine Holdings Intangible Assets Chart

Pershing Square Tontine Holdings Annual Data
Trend Dec20 Dec21
Intangible Assets
- -

Pershing Square Tontine Holdings Quarterly Data
Apr20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22
Intangible Assets Get a 7-Day Free Trial - - - - -

Pershing Square Tontine Holdings 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.


Pershing Square Tontine Holdings  (NYSE:PSTH) 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.


Pershing Square Tontine Holdings Intangible Assets Related Terms

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


Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Business Description

Traded in Other Exchanges
N/A
Address
787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Website
Pershing Square Tontine Holdings Ltd is a blank check company.
Executives
Michael Gonnella officer: Chief Financial Officer 787 ELEVENTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Lisa Gersh director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
William A Ackman director, 10 percent owner, officer: Chief Executive Officer 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Pershing Square Capital Management, L.p. 10 percent owner 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Michael S Ovitz director 355 SOUTH GRAND, #1710, LOS ANGELES CA 90071
Steve Milankov officer: Corporate Secretary 101 WEST 24TH STREET, APT. 30D, NEW YORK NY 10010
Ben Hakim officer: Chief Financial Officer 170 E. 77TH STREET, APT. 5A, NEW YORK NY 10075

Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Headlines

From GuruFocus

RIVERNORTH CAPITAL MANAGEMENT, LLC's Top 5 Sells of the 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-15-2022

Pershing Square SPARC Holdings, Ltd. Files Registration Statement

By Business Wire Business Wire 11-26-2021