The company's two strongest intangible assets are its technology and how it manages its alliances.
Part of the reason is the irresistible rise of intangible assets in world trade.
FORBES: Copyright and Related Laws Hold Back Innovation and Growth, Say British
It's yielding 4.8% and has a fortresslike tangible equity ratio (capital minus intangible assets) of 13.9%.
Intangible assets, like patents and other intellectual property, are difficult to use as collateral.
The premium is what investors are bidding on above and beyond the cash flows from current intangible assets.
This incorporates the tangible assets (e.g. land, improvements, and fixtures) and intangible assets.
FORBES: Why Experts Failed To Predict Cowboy's Failures And Why Phillips Had To Go
Melissa Bradley: Some of our most needed intangible assets are creativity and innovation, and we need those assets for two applications.
FORBES: Tides: A Convener of Ideas, People, and Investments for Social Change
Free cash flow is calculated as GAAP net cash provided by operating activities less purchases of property and equipment and intangible assets.
ENGADGET: NVIDIA posts Q4 2013 earnings: $1.1 billion in revenue, $174 million in profit
Furthermore, in their branding, high-end spirits companies have major intangible assets that take decades to build and are almost impossible to replicate.
While plants and equipment maintain their worth, it's the intangible assets like brand names, customer loyalty and strategic alliances that suffer in such debacles.
The contribution that four important intangible assets--reputation, innovation, management and human capital--make to a company's market value is deemed to be its corporate brand value.
Some are unique to the business, such as the strategic needs of the buyer or the existence of intangible assets such as patents and trademarks.
That might sound like an accounting nicety, but the level of tangible versus intangible assets can impact important things like the satisfying of loan covenants.
Rahim Kanani: Separate from more capital and manpower, or other tangible assets, what are some intangible assets you need in order for Tides to be successful?
FORBES: Tides: A Convener of Ideas, People, and Investments for Social Change
It is also stymied by the fact that book values fail to take full account of intangible assets things you cannot kick, like brands, patents or partnerships.
ECONOMIST: The ultimate measure by which a company is judged
Rahim Kanani: Separate from more capital and manpower, or other tangible assets, what are some intangible assets you need in order for the Coalition to be successful?
FORBES: A Breakthrough Initiative to Advance Women and the World
At the start of this century, it was estimated that intangible assets could account for as much as half of the value of the entire American economy.
ECONOMIST: The ultimate measure by which a company is judged
He points to the Private Employment Partners Program, a small group of investors set up to provide loan guarantees to growth companies rich in intangible assets.
Predictiv used a variety of data sources, such as employee surveys from Kinder, Lydenberg, Domini, to analyze the financial metrics and key intangible assets of big U.S. companies.
But in fighting Thatcher showed that Britain was prepared to defend its rights, its interests and its principles intangible assets of nationhood that had once made the country great.
In the 21st Century economy, intangible assets like intellectual property comprise an increasing percentage of corporate valuation, making it imperative that these assets are protected in any new trade deal.
Whereas tangible assets like plant and equipment drove a company's value during much of the past century, intangible assets such as brands, patents and trademarks are what create value today.
Those women who work outside the home have access to these tangible and intangible assets, which may devalue or, in some cases, even undermine the contributions and provisions supplied by male-only employment.
FORBES: I Only Hit You Because You Have A Job: Working Women And Domestic Violence
It plans to book part of the cost of the Visto settlement, which gives RIM a lifetime license to some Visto patents and legal possession of others, as an acquisition of intangible assets.
Employees contribute both tangible value (actual revenue) and intangible assets (your personal abilities to create value and find money), so direct-revenue-generators and all other employees can contribute in important financial ways to the company.
The big news story of the day was Hewlett-Packard (NYSE: HPQ) reporting that it had to write down a majority of intangible assets resulting from the purchase of Autonomy, a software provider.
FORBES: If Hewlett-Packard Looks Bad, AutoZone Looks A Lot Worse
Tobacco firms from the United States, for example, assert that the Canadian government's requirement that health warnings on cigarette packets should be bigger than the brand name amounts to expropriation of their intangible assets.
The amount of profits that should be declared to the local tax authority would diminish profits transferred to pay for intangible assets located abroad, depending on the number of users and the intensity of data collection.
FORBES: Corporate Tax 2.0: Why France and the World Need a New Tax System for the Digital Age
These reconciliations adjust the related GAAP financial measures to exclude stock-based compensation, amortization of acquisition-related intangible assets, other acquisition-related costs, a contribution expense, a legal settlement charge, and the associated tax impact of these items, where applicable.
ENGADGET: NVIDIA posts Q4 2013 earnings: $1.1 billion in revenue, $174 million in profit
应用推荐