Msg Life AG (HAM:MSGL) Intangible Assets: €0.3 Mil (As of Dec. 2023)

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HAM:MSGL Msg Life AG HAM:MSGL
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What is Msg Life AG Intangible Assets?

Msg Life AG HAM:MSGL 10 Intangible Assets is €0.3 Mil as of Dec. 2023. GuruFocus rates HAM:MSGL with a GF Score™ of 10/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Msg Life AG's intangible assets for the quarter that ended in Dec. 2023 was €0.3 Mil.

Msg Life AG  (HAM:MSGL) 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.

Msg Life AG Intangible Assets Related Terms

Msg Life AG Intangible Assets Historical Data

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The historical data trend for Msg Life AG'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.

Msg Life AG Intangible Assets Chart

Msg Life AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.19 1.39 1.03 0.67 0.30

Msg Life AG Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 2.19 1.39 1.03 0.67 0.30
HAM:MSGL
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Msg Life AG HAM:MSGL
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Msg Life AG 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 €0.3 Mil mean?
Msg Life AG (HAM:MSGL) has a Intangible Assets of €0.3 Mil as of Dec. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on Msg Life AG and its competitors.
Is Msg Life AG's Intangible Assets too high?
Msg Life AG's current Intangible Assets is €0.3 Mil. Overall, Msg Life AG has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Msg Life AG's Intangible Assets compare to CRM and UBER?
Msg Life AG's Intangible Assets of €0.3 Mil can be compared against companies in the Software 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 Software company?
A good Intangible Assets depends on the Software 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 Msg Life AG and its competitors. Msg Life AG's current Intangible Assets is €0.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Msg Life AG stock overvalued right now?
Msg Life AG (HAM:MSGL) has a current Intangible Assets of €0.3 Mil. The current Intangible Assets is €0.3 Mil. Msg Life AG's overall GF Score™ is 10/100. 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 Msg Life AG (HAM:MSGL), the current Intangible Assets is €0.3 Mil as of Dec. 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.

Msg Life AG Business Description

Address Humboldtstrasse 35, Leinfelden-Echterdingen, BW, DEU, 70771
Msg Life AG is a Germany-based company. It is a consultant and software company for the insurance and retirement savings market. It is a provider of software, advice, and cloud solutions for life insurance companies and pension fund institutions in Europe and, in particular, health insurance companies in the United States. The company's products and services include msg. Life Factory, msg.Insurance Suite, msg.Migration System, msg.Health Factory, msg.The commission, msg.Business Partner, msg.Billing, and others. Geographically, the company exports its services to the United States of America, Austria, Switzerland, Slovenia, Portugal, Spain, and Benelux.
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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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