Banco de Venezuela (CAR:BVL) Intangible Assets: VES0 Mil (As of Dec. 2013)

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What is Banco de Venezuela Intangible Assets?

Banco de Venezuela CAR:BVL +1.27% Intangible Assets is VES0 Mil as of Dec. 2013.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Banco de Venezuela's intangible assets for the quarter that ended in Dec. 2013 was VES0 Mil.

Banco de Venezuela  (CAR:BVL) 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.

Banco de Venezuela Intangible Assets Related Terms

Banco de Venezuela Intangible Assets Historical Data

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The historical data trend for Banco de Venezuela'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.

Banco de Venezuela Intangible Assets Chart

Banco de Venezuela Annual Data
Trend Dec10 Dec11 Dec12 Dec13
Intangible Assets
0.00 0.00 0.00 0.00

Banco de Venezuela Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Intangible Assets Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Banco de Venezuela 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of VES0 Mil mean?
Banco de Venezuela (CAR:BVL) has a Intangible Assets of VES0 Mil as of Dec. 2013. Intangible assets include patents, goodwill and trade secrets. View historical data on Banco de Venezuela and its competitors.
Is Banco de Venezuela's Intangible Assets too high?
Banco de Venezuela's current Intangible Assets is VES0 Mil.
How does Banco de Venezuela's Intangible Assets compare to ARST?
Banco de Venezuela's Intangible Assets of VES0 Mil can be compared against companies in the Banks 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 Banks company?
A good Intangible Assets depends on the Banks 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 Banco de Venezuela and its competitors. Banco de Venezuela's current Intangible Assets is VES0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco de Venezuela stock overvalued right now?
Banco de Venezuela (CAR:BVL) has a current Intangible Assets of VES0 Mil. The current Intangible Assets is VES0 Mil. 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 Banco de Venezuela (CAR:BVL), the current Intangible Assets is VES0 Mil as of Dec. 2013. 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.

Banco de Venezuela Business Description

Address Av University in Society Traposos, Torre Banco de Venezuela, Caracas, VEN
Banco de Venezuela SA is engaged in financial intermediation services consisting of raising funds for the purpose of granting credit or loans, and other financial operations and services. The bank maintains currency and savings and foreign currency account which includes global accounts, paid global accounts, digital key accounts among others.