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LIV Capital Acquisition (LIV Capital Acquisition) Intangible Assets : $0.00 Mil (As of Jun. 2021)


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What is LIV Capital Acquisition Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. LIV Capital Acquisition's intangible assets for the quarter that ended in Jun. 2021 was $0.00 Mil.

LIV Capital Acquisition Intangible Assets Historical Data

The historical data trend for LIV Capital Acquisition'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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LIV Capital Acquisition Intangible Assets Chart

LIV Capital Acquisition Annual Data
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Intangible Assets
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LIV Capital Acquisition Quarterly Data
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LIV Capital Acquisition 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.

LIV Capital Acquisition  (NAS:LIVKU) 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.

LIV Capital Acquisition Intangible Assets Related Terms

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LIV Capital Acquisition (LIV Capital Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LIV Capital Acquisition Corp (NAS:LIVKU) » Definitions » Intangible Assets
Comparable Companies
Traded in Other Exchanges
N/A
Address
Torre Virreyes, Pedregal No. 24, Piso 6-601, Col. Molino del Rey, Mexico City, MEX, MEX, 11040
Website
http://livcapital.mx
LIV Capital Acquisition Corp is a blank check company. The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities.
Executives
Guillermo Gonzalez Guajardo director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Wanless Juan Marco Gutierrez director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Alvarez Alejandro J. Perez officer: Deputy CEO LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Campos Carlos Alberto Rohm director LIV CAPITAL ACQUISITION CORP., TORRES VIRREYES PEDREGAL NO24 PISO 6-601, COL. MOLINO DEL REY MEXICO O5 CDMX 11040
Miguel Angel Davila director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Gamero Luis Rodrigo Clemente officer: Chief Financial Officer C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Liv Capital Acquisition Sponsor, L.p. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Alexander R. Rossi director, officer: CEO and Chairman C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Humberto Zesati director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Arroyo Jose Antonio Solano director C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Liv Gp Master, S.a.p.i. De C.v. 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104