Optima bank (FRA:C59) Intangible Assets: €10.5 Mil (As of Jun. 2023)

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FRA:C59 Optima bank SA FRA:C59
20 GF Score
Price €11.59
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What is Optima bank Intangible Assets?

Optima bank FRA:C59 +5.36% 20 Intangible Assets is €10.5 Mil as of Jun. 2023. GuruFocus rates FRA:C59 with a GF Score™ of 20/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Optima bank's intangible assets for the quarter that ended in Jun. 2023 was €10.5 Mil.


Optima bank  (FRA:C59) 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.


Optima bank Intangible Assets Related Terms


Optima bank Intangible Assets Historical Data

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The historical data trend for Optima bank'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.

Optima bank Intangible Assets Chart

Optima bank Annual Data
Trend Dec20 Dec21 Dec22
Intangible Assets
0.00 8.73 10.32

Optima bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Intangible Assets 0.00 8.73 0.00 10.32 10.50
FRA:C59
20GF Score
Optima bank SA FRA:C59
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Optima bank 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 €10.5 Mil mean?
Optima bank (FRA:C59) has a Intangible Assets of €10.5 Mil as of Jun. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on Optima bank and its competitors.
Is Optima bank's Intangible Assets too high?
Optima bank's current Intangible Assets is €10.5 Mil. Overall, Optima bank has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Optima bank's Intangible Assets compare to ?
Optima bank's Intangible Assets of €10.5 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 Optima bank and its competitors. Optima bank's current Intangible Assets is €10.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optima bank stock overvalued right now?
Optima bank (FRA:C59) has a current Intangible Assets of €10.5 Mil. The current Intangible Assets is €10.5 Mil. Optima bank's overall GF Score™ is 20/100. 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 Optima bank (FRA:C59), the current Intangible Assets is €10.5 Mil as of Jun. 2023. 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.

Optima bank Business Description

Comparable Companies
Address 32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services, and Business Receivables Agency.
20GF 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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