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Finserv Acquisition II (Finserv Acquisition II) Intangible Assets : $0.00 Mil (As of Sep. 2023)


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What is Finserv Acquisition II Intangible Assets?

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


Finserv Acquisition II Intangible Assets Historical Data

The historical data trend for Finserv Acquisition II'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.

Finserv Acquisition II Intangible Assets Chart

Finserv Acquisition II Annual Data
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Finserv Acquisition II Quarterly Data
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Finserv Acquisition II 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.


Finserv Acquisition II  (NAS:FSRXU) 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.


Finserv Acquisition II Intangible Assets Related Terms

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Finserv Acquisition II (Finserv Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
c/o Ellenoff Grossman & Schole LLP, 1345 Avenue of the Americas, New York, NY, USA, 10105
Finserv Acquisition Corp II is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Lee Einbinder director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Robert Matza director
Keating Valerie Soranno director C/O CPI CARD GROUP INC., 10026 WEST SAN JUAN WAY, LITTLETON CO 80127
Howard Kurz director, officer: President 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
David A Smilow director
Finserv Holdings Ii Llc director, 10 percent owner, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Steven Handwerker officer: Chief Financial Officer 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Brian Vaughan director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

Finserv Acquisition II (Finserv Acquisition II) Headlines

From GuruFocus

Finserv Acquisition Corp Ii (FSRXU) CEO Lee Einbinder Bought $8 million of Shares

By GuruFocus Research GuruFocus Editor 02-24-2021