NuVim (NUVM) Intangible Assets: $0.00 Mil (As of Jun. 2022)

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What is NuVim Intangible Assets?

NuVim NUVM Intangible Assets is $0.00 Mil as of Jun. 2022.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. NuVim's intangible assets for the quarter that ended in Jun. 2022 was $0.00 Mil.

NuVim  (OTCPK:NUVM) 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.

NuVim Intangible Assets Related Terms

NuVim Intangible Assets Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim Intangible Assets Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
Intangible Assets
0.00 0.00 0.00 0.09 0.09

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.09 0.00 0.00

NuVim 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 $0.00 Mil mean?
NuVim (NUVM) has a Intangible Assets of $0.00 Mil as of Jun. 2022. Intangible assets include patents, goodwill and trade secrets. View historical data on NuVim and its competitors.
Is NuVim's Intangible Assets too high?
NuVim's current Intangible Assets is $0.00 Mil.
How does NuVim's Intangible Assets compare to MTTCF and PLBLF?
NuVim's Intangible Assets of $0.00 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Intangible Assets depends on the Consumer Packaged Goods 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 NuVim and its competitors. NuVim's current Intangible Assets is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuVim stock overvalued right now?
NuVim (NUVM) has a current Intangible Assets of $0.00 Mil. The current Intangible Assets is $0.00 Mil. 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 NuVim (NUVM), the current Intangible Assets is $0.00 Mil as of Jun. 2022. 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.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.