GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Avanza Bank Holding AB (OTCPK:AVVZF) » Definitions » Intangible Assets

AVVZF (Avanza Bank Holding AB) Intangible Assets : $6.9 Mil (As of Sep. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Avanza Bank Holding AB Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Avanza Bank Holding AB's intangible assets for the quarter that ended in Sep. 2024 was $6.9 Mil.


Avanza Bank Holding AB Intangible Assets Historical Data

The historical data trend for Avanza Bank Holding AB'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.

Avanza Bank Holding AB Intangible Assets Chart

Avanza Bank Holding AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.06 9.81 11.77 10.31 8.48

Avanza Bank Holding AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 8.30 8.48 7.88 7.25 6.94

Avanza Bank Holding AB 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.


Avanza Bank Holding AB  (OTCPK:AVVZF) 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.


Avanza Bank Holding AB Intangible Assets Related Terms

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


Avanza Bank Holding AB Business Description

Traded in Other Exchanges
Address
Regeringsgatan 103, Box 1399, Stockholm, SWE, SE-111 93
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves prdominantly private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, predominantly through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.

Avanza Bank Holding AB Headlines

From GuruFocus

Q1 2022 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q1 2021 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q3 2023 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q4 2022 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q3 2021 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q2 2021 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q2 2020 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024

Q4 2023 Avanza Bank Holding AB Earnings Call Transcript

By GuruFocus Research 03-01-2024