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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Intangible Assets : $0.94 Mil (As of May. 2020)


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What is Ventura Cannabis and Wellness Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Ventura Cannabis and Wellness's intangible assets for the quarter that ended in May. 2020 was $0.94 Mil.


Ventura Cannabis and Wellness Intangible Assets Historical Data

The historical data trend for Ventura Cannabis and Wellness'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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Ventura Cannabis and Wellness Intangible Assets Chart

Ventura Cannabis and Wellness Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Nov14 Nov15 Feb17 Feb18 Feb19 Feb20
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.03 - - 1.01

Ventura Cannabis and Wellness Quarterly Data
May15 Aug15 Nov15 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 0.57 0.58 1.04 1.01 0.94

Ventura Cannabis and Wellness 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.


Ventura Cannabis and Wellness  (OTCPK:CVHIF) 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.


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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Traded in Other Exchanges
N/A
Address
800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017
Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.

Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Headlines

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