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Healthwell Acquisition I (Healthwell Acquisition I) Intangible Assets : $0.00 Mil (As of Jun. 2023)


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What is Healthwell Acquisition I Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Healthwell Acquisition I's intangible assets for the quarter that ended in Jun. 2023 was $0.00 Mil.


Healthwell Acquisition I Intangible Assets Historical Data

The historical data trend for Healthwell Acquisition I'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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Healthwell Acquisition I Intangible Assets Chart

Healthwell Acquisition I Annual Data
Trend Dec21 Dec22
Intangible Assets
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Healthwell Acquisition I Quarterly Data
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Healthwell Acquisition I 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.


Healthwell Acquisition I  (NAS:HWEL) 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.


Healthwell Acquisition I Intangible Assets Related Terms

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Healthwell Acquisition I (Healthwell Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
1001 Green Bay Road, Suite 227, Winnetka, IL, USA, 60093
Healthwell Acquisition Corp I is a blank check company.
Executives
Ellen Levy director C/O INSTRUCTURE, INC., 6330 SOUTH 3000 EAST, SUITE 700, SALT LAKE CITY UT 84121
George R Hornig director 625 MADISON AVE SUITE 10-B, NEW YORK NY 10017
Christie Hefner director PLAYBOY ENT., INC. - H. SHAPIRO, 680 N. LAKE SHORE DRIVE, CHICAGO IL 60611
John L Maccarthy director, 10 percent owner 333 WEST WACKER DRIVE, C/O NUVEEN INVESTMENTS, CHICAGO IL 60606
Healthwell Acquisition Corp. I Sponsor Llc 10 percent owner 1001 GREEN BAY RD. #227, WINNETKA IL 60093
Alyssa Rapp director, 10 percent owner, officer: Chief Executive Officer C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Curtis Feeny director C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Carl Allegretti director C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Tracy Wan director, officer: Chief Financial Officer C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093
Matt Wandoloski director C/O HEALTHWELL ACQUISITION CORP. I, 1001 GREEN BAY RD., #227, WINNETKA IL 60093

Healthwell Acquisition I (Healthwell Acquisition I) Headlines

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