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Youngevity International (Youngevity International) Intangible Assets : $20.7 Mil (As of Sep. 2020)


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What is Youngevity International Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Youngevity International's intangible assets for the quarter that ended in Sep. 2020 was $20.7 Mil.


Youngevity International Intangible Assets Historical Data

The historical data trend for Youngevity International'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.

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Youngevity International Intangible Assets Chart

Youngevity International Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Intangible Assets
Get a 7-Day Free Trial 20.04 21.24 27.23 21.70 22.56

Youngevity International Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.76 22.56 21.94 21.32 20.72

Youngevity International 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.


Youngevity International  (OTCPK:YGYI) 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.


Youngevity International Intangible Assets Related Terms

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Youngevity International (Youngevity International) Business Description

Traded in Other Exchanges
N/A
Address
2400 Boswell Road, Chula Vista, CA, USA, 91914
Youngevity International Inc offers nutritional products and commercial coffee. The company operates in three segments, the Direct Selling segment which generates the majority of its revenue, the commercial hemp segment and the Commercial Coffee segment. Its product portfolio includes nutritional supplements, sports and energy drinks, health and wellness, lifestyle products, gourmet coffee, and skincare and cosmetics.
Executives
Paul Sallwasser director C/O ELYS GAME TECHNOLOGY CORP., 130 ADELAIDE STREET WEST, SUITE 701, TORONTO A6 M5H2K4
Richard Renton director C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Michelle Wallach director, 10 percent owner, officer: CHIEF OPERATING OFFICER C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Stephan Wallach director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
David Briskie director, officer: PRESIDENT AND CFO C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
William G Thompson director C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
Kevin B Allodi director C/O YOUNGEVITY INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
William Andreoli officer: PRESIDENT C/O AL INTERNATIONAL, INC., 2400 BOSWELL ROAD, CHULA VISTA CA 91914
John P Rochon director 2400 NORTH DALLAS PARKWAY, PLANO TX 75093

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