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Nubeva Technologies (TSXV:NBVA) Intangible Assets : C$0.00 Mil (As of Jan. 2024)


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What is Nubeva Technologies Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Nubeva Technologies's intangible assets for the quarter that ended in Jan. 2024 was C$0.00 Mil.


Nubeva Technologies Intangible Assets Historical Data

The historical data trend for Nubeva Technologies'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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Nubeva Technologies Intangible Assets Chart

Nubeva Technologies Annual Data
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Nubeva Technologies Quarterly Data
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Nubeva Technologies 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.


Nubeva Technologies  (TSXV:NBVA) 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.


Nubeva Technologies Intangible Assets Related Terms

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Nubeva Technologies (TSXV:NBVA) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 401, Vancouver, BC, CAN, V6C 2T7
Nubeva Technologies Ltd develops and licenses enterprise-class software for the decryption of TLS (SSL) network decryption solutions, including Ransomware Reversal. It enables deep packet inspection for cybersecurity and application monitoring systems and services. The company solves the growing visibility, performance, and complexity gaps introduced by the evolution of TLS, newer networks and application architectures, and the continuous scaling of network traffic. It derives revenue from the provision of cloud-based security software and services, as well as professional services associated with customizing its products. Software revenue includes licenses derived from software and software services.

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