GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » UpHealth Inc (OTCPK:UPHL) » Definitions » Intangible Assets

UpHealth (UpHealth) Intangible Assets : $103.0 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is UpHealth Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. UpHealth's intangible assets for the quarter that ended in Dec. 2023 was $103.0 Mil.


UpHealth Intangible Assets Historical Data

The historical data trend for UpHealth'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.

UpHealth Intangible Assets Chart

UpHealth Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Intangible Assets
191.98 399.58 191.04 103.03

UpHealth Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 191.04 189.89 182.39 103.99 103.03

UpHealth 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.


UpHealth  (OTCPK:UPHL) 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.


UpHealth Intangible Assets Related Terms

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


UpHealth (UpHealth) Business Description

Traded in Other Exchanges
N/A
Address
14000 S. Military Trail, Suite 203, Delray Beach, FL, USA, 33484
UpHealth Inc is a digital health company intent on creating a single, integrated platform of technologies and services essential to personalized, affordable, and effective care globally. The company's segment includes Integrated Care Management; Virtual Care Infrastructure; Services and Corporate. It generates maximum revenue from the Services segment. Geographically, it derives a majority of revenue from the Americas.
Executives
Avi S Katz director, 10 percent owner, officer: CEO, Pres, Exec Chairman C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Jay Walter Jennings officer: Chief Financial Officer C/O EHEALTH, INC., 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043
Mark Guinan director C/O QUEST DIAGNOSTICS, 500 PLAZA DRIVE, SECAUCUS NJ 07094
Luis Machuca director ITXC CORP, 14600 NW GREENBRIER PARKWAY, BEAVERTON OR 97006
Chirinjeev Kathuria director, 10 percent owner C/O UPHEALTH HOLDINGS, INC., 14000 S. MILITARY TRAIL #203, DELRAY BEACH FL 33484
Mariya Pylypiv director, 10 percent owner 14000 MILITARY TRAIL, #203, DELRAY BEACH FL 33484
Samuel Meckey director, officer: Chief Executive Officer 320 PARK AVENUE, 29TH FL, NEW YORK NY 10022
Samantha Josephine Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Anais Alexandra Bray 10 percent owner 2083, HOLLADAY UT 84117
Jeffery Rex Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Kimberlite Social Infra Private Ltd 10 percent owner IDEAL VILLA VILLA NO 98, KOCH PAKUR, SOUTH 24 PARGANAS K7 700156
Eligere Ltd Liability Co 10 percent owner 9 HAWSER WAY, RANDOLPH NJ 07869
Syed Sabahat Azim 10 percent owner 14000 MILITARY TRAIL, #203, DELRAY BEACH FL 33484
Alexandra Bray 10 percent owner 2083 WALKER LANE, HOLLADAY UT 84117
Anais Bray Protective Irrevocable Trust 10 percent owner 3056 MILLCREEK DELL LANE, SALT LAKE CITY UT 84109