GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sunstock Inc (OTCPK:SSOK) » Definitions » Intangible Assets

SSOK (Sunstock) Intangible Assets : $0.00 Mil (As of Sep. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Sunstock Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Sunstock's intangible assets for the quarter that ended in Sep. 2024 was $0.00 Mil.


Sunstock Intangible Assets Historical Data

The historical data trend for Sunstock'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.

* Premium members only.

Sunstock Intangible Assets Chart

Sunstock 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 - - - - -

Sunstock Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - - -

Sunstock 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.


Sunstock  (OTCPK:SSOK) 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.


Sunstock Intangible Assets Related Terms

Thank you for viewing the detailed overview of Sunstock's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Sunstock Business Description

Traded in Other Exchanges
N/A
Address
111 Vista Creek Circle, Sacramento, CA, USA, 95835
Sunstock Inc is a United States-based company that is engaged in the buying, selling, and distribution of precious metals, primarily gold. The company specializes in retailing gold, silver, and rare coins.
Executives
Jason Chang director, 10 percent owner, officer: President 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Ramnik Clair director 111 VISTA CREEK CIRCLE, #200, SACRAMENTO CA 95835
Balbir H. Clair director 10618 LA LOMA WAY, STOCKTON CA 95212
Chiung Ying Chang other: A shareholder 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Mb Americus Llc 10 percent owner 9454 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
James M Cassidy director, 10 percent owner, officer: president, secretary 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: vice president 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212
Tiber Creek Corp 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662