GENNQ (Genesis Healthcare) Intangible Assets: $164 Mil (As of Sep. 2021)

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GENNQ Genesis Healthcare Inc GENNQ
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What is Genesis Healthcare Intangible Assets?

Genesis Healthcare GENNQ 12 Intangible Assets is $164 Mil as of Sep. 2021. GuruFocus rates GENNQ with a GF Score™ of 12/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Genesis Healthcare's intangible assets for the quarter that ended in Sep. 2021 was $164 Mil.

Genesis Healthcare  (OTCPK:GENNQ) 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.

Genesis Healthcare Intangible Assets Related Terms

Genesis Healthcare Intangible Assets Historical Data

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The historical data trend for Genesis Healthcare'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.

Genesis Healthcare Intangible Assets Chart

Genesis Healthcare Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 616.28 228.62 204.72 173.09 167.91

Genesis Healthcare Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 169.17 167.91 166.65 165.39 164.13
GENNQ
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Genesis Healthcare Inc GENNQ
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Genesis Healthcare 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 $164 Mil mean?
Genesis Healthcare (GENNQ) has a Intangible Assets of $164 Mil as of Sep. 2021. Intangible assets include patents, goodwill and trade secrets. View historical data on Genesis Healthcare and its competitors.
Is Genesis Healthcare's Intangible Assets too high?
Genesis Healthcare's current Intangible Assets is $164 Mil. Overall, Genesis Healthcare has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Genesis Healthcare's Intangible Assets compare to AIH and JYNT?
Genesis Healthcare's Intangible Assets of $164 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 Genesis Healthcare and its competitors. Genesis Healthcare's current Intangible Assets is $164 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genesis Healthcare stock overvalued right now?
Genesis Healthcare (GENNQ) has a current Intangible Assets of $164 Mil. The current Intangible Assets is $164 Mil. Genesis Healthcare's overall GF Score™ is 12/100. 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 Genesis Healthcare (GENNQ), the current Intangible Assets is $164 Mil as of Sep. 2021. 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.

Genesis Healthcare Business Description

Address 101 East State Street, Kennett Square, PA, USA, 19348
Genesis Healthcare Inc. is a U.S. post-acute care provider focused on the medical and physical needs of elderly patients. It operates skilled nursing facilities and assisted/senior living communities through its inpatient services segment, which generates most of its revenue, primarily from Medicare, Medicaid, and private-pay reimbursements. The company also provides rehabilitation and respiratory therapy services, both integrated within its own facilities and on a third-party contract basis to outside operators. Its customers include elderly and chronically ill patients, hospitals, health systems, and other healthcare organizations that refer patients for post-acute and long-term care. Operations are concentrated in the United States across numerous facilities and affiliated therapy locations. Genesis has faced significant financial restructuring in recent years, including bankruptcy proceedings and ownership changes, though it continues to operate its core skilled nursing and rehabilitation businesses.
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