GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank Hapoalim BM (OTCPK:BKHPF) » Definitions » Intangible Assets

BKHPF (Bank Hapoalim BM) Intangible Assets : $0 Mil (As of Sep. 2024)


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

What is Bank Hapoalim BM Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Bank Hapoalim BM's intangible assets for the quarter that ended in Sep. 2024 was $0 Mil.


Bank Hapoalim BM Intangible Assets Historical Data

The historical data trend for Bank Hapoalim BM'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.

Bank Hapoalim BM Intangible Assets Chart

Bank Hapoalim BM 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 - - - - -

Bank Hapoalim BM 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 - - - - -

Bank Hapoalim BM 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.


Bank Hapoalim BM  (OTCPK:BKHPF) 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.


Bank Hapoalim BM Intangible Assets Related Terms

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


Bank Hapoalim BM Business Description

Traded in Other Exchanges
Address
50 Rothschild Boulevard, Tel Aviv, ISR, 63432
Bank Hapoalim BM is an Israeli bank that operates hundreds of full-service retail branches focusing on households, small businesses, and private banking to high-net-worth individuals. The bank offers a range of banking and payments products, capital market and foreign trade facilities, and a full gamut of financial planning advisory services, including pension and retirement planning. Its private banking division offers wealth management services and has a global presence. Most of its net revenue is derived from net interest income in the corporate and household segments. The bank's strategy emphasizes its competitive positioning in Israel, diversification of revenue sources, operational efficiency, and financial technology.

Bank Hapoalim BM Headlines

From GuruFocus

Q2 2022 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2020 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q1 2024 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 05-21-2024

Q3 2023 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q3 2022 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q2 2021 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q4 2022 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024

Q4 2020 Bank Hapoalim BM Earnings Call Transcript

By GuruFocus Research 02-12-2024