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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Intangible Assets : $0.00 Mil (As of Dec. 2023)


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What is John Hancock Hedged Equity &ome Fund Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. John Hancock Hedged Equity &ome Fund's intangible assets for the quarter that ended in Dec. 2023 was $0.00 Mil.


John Hancock Hedged Equity &ome Fund Intangible Assets Historical Data

The historical data trend for John Hancock Hedged Equity &ome Fund'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.

John Hancock Hedged Equity &ome Fund Intangible Assets Chart

John Hancock Hedged Equity &ome Fund Annual Data
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Intangible Assets
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John Hancock Hedged Equity &ome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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John Hancock Hedged Equity &ome Fund 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.


John Hancock Hedged Equity &ome Fund  (NYSE:HEQ) 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.


John Hancock Hedged Equity &ome Fund Intangible Assets Related Terms

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John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Lucinda M. Marrs officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Jennifer N Berg officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Eunhak Bae officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Gillian M Edgeworth officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Daniel J Pozen officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210

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