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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. BrightSpring Health Services's intangible assets for the quarter that ended in Jun. 2026 was $3,050 Mil.
BrightSpring Health Services (NAS:BTSG) 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.
BrightSpring Health Services Intangible Assets Related Terms
BrightSpring Health Services Intangible Assets Historical Data
* 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.
BrightSpring Health Services Intangible Assets Chart
BrightSpring Health Services 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.
BrightSpring Health Services (BTSG) has a Intangible Assets of $3,050 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on BrightSpring Health Services and its competitors.
Is BrightSpring Health Services' Intangible Assets too high?
BrightSpring Health Services' current Intangible Assets is $3,050 Mil. Overall, BrightSpring Health Services has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BrightSpring Health Services' Intangible Assets compare to HQY and TEM?
BrightSpring Health Services' Intangible Assets of $3,050 Mil can be compared against companies in the Healthcare Providers & Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Healthcare Providers & Services company?
A good Intangible Assets depends on the Healthcare Providers & Services industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on BrightSpring Health Services and its competitors. BrightSpring Health Services's current Intangible Assets is $3,050 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BrightSpring Health Services stock overvalued right now?
Based on GuruFocus' analysis, BrightSpring Health Services (BTSG) is currently considered Significantly Overvalued. The stock's GF Value™ is $27.22, compared to a current price of $61.05 — trading 124.3% above its estimated fair value. The current Intangible Assets is $3,050 Mil. BrightSpring Health Services' overall GF Score™ is 50/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For BrightSpring Health Services (BTSG), the current Intangible Assets is $3,050 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is BrightSpring Health Services (BTSG) Overvalued in 2026?
Based on GuruFocus' analysis, BrightSpring Health Services stock appears to be overvalued.
The current stock price of $61.05 is trading 124.3% above its estimated GF Value™ of $27.22.
GuruFocus considers BrightSpring Health Services to be Significantly Overvalued.
Key valuation signals for BTSG:
Intangible Assets: $3,050 Mil
GF Value™: $27.22 vs. price of $61.05 (124.3% above fair value)
No single metric tells the full story. See the BTSG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BrightSpring Health Services Inc is a home and community-based healthcare services platform, focused on delivering complementary pharmacy and provider services to complex patients. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations. Its segments include Pharmacy Solutions, Provider Services, and others. It generates the majority of its revenue from the Pharmacy Solutions segment.
50GF Score
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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