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Natural Health Trends (Natural Health Trends) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is Natural Health Trends Intangible Assets?

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


Natural Health Trends Intangible Assets Historical Data

The historical data trend for Natural Health Trends'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.

Natural Health Trends Intangible Assets Chart

Natural Health Trends Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
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Natural Health Trends Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Natural Health Trends 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.


Natural Health Trends  (NAS:NHTC) 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.


Natural Health Trends Intangible Assets Related Terms

Thank you for viewing the detailed overview of Natural Health Trends's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Natural Health Trends (Natural Health Trends) Business Description

Traded in Other Exchanges
Address
132 Nathan Road, Tsimshatsui, Units 1205-07, 12th floor, Mira Place Tower A, Kowloon, Hong Kong, HKG
Natural Health Trends Corp is an international direct-selling and e-commerce company. It offers a line of products such as Wellness, Herbal, Beauty, Lifestyle, Home, and Baby. Wellness products include targeted nutrition for joint health, antioxidant support, digestive health, heart health, and vision health. Herbal products include anti-aging and hydrating cleansers, creams, lotions, serums, and toners. Lifestyle products improve the overall quality of life and to support active, physical and healthy lifestyles. Home products are designed to create a clean and natural living environment for the home, and Baby products formulated with gentle ingredients from nature for infants and babies. It generates a majority of its revenue from Hong Kong.
Executives
Brunde E Broady director UNITS 1205-07, 12/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON K3 0000000000
Ching Chung Wong director UNITS 1205-07, 12/F, MIRA PLACE TOWER A, 132 NATHAN ROAD, TSIMSHATSUI, KOWLOON K3 0000000000
George K Broady director, 10 percent owner 751 CANYON DRIVE, SUITE 100, C/O KINGS III OF AMERICA, COPPELL TX 75019
Chris Tahjiun Sharng director, officer: President C/O OF NATURAL HEALTH TRENDS CORP., 609 DEEP VALLEY DRIVE, ROLLING HILLS ESTATES CA 90274
Timothy Scott Davidson officer: Sr. V.P. & CFO 609 DEEP VALLEY DRIVE, SUITE 395, ROLLING HILLS ESTATES CA 90274
Yiu Tung Chan director FLAT B, 13/F, GREENPARK VILLA, KAT CHEUNG CRESCENT, SHEUNG SHUI, NEW TERRITORIES K3 999077
Randall A Mason director PO BOX 4016, MARIETTA OH 45750
Christopher Robert O'brien director 448 32ND ST, MANHATTAN BEACH CA 90266
Jane Eleanor Broady 2012 Irrevocable Trust 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Kin Yep Chung director FLAT E, 14/F, CHARMING GARDEN BLOCK 8, MONG KOK K3 999077
John Marvin Broady 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Magdalena Steinbrunner 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
George Vincent Broady 10 percent owner 751 CANYON DRIVE, SUITE 100, COPPELL TX 75019
Stefan Zuckut director C/O NATURAL HEALTH TRENDS CORP., 2050 DIPLOMAT DRIVE, DALLAS TX 75234
Chief China Resources Ltd 10 percent owner 18 CHAOYANGMENWAI STREET, SUITE B710, FULL LINK PLAZA, BEIJING F4 100020