VGFCQ (The Very Good Food Co) Intangible Assets: $0.00 Mil (As of Sep. 2022)


VGFCQ The Very Good Food Co Inc VGFCQ
12 GF Score
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What is The Very Good Food Co Intangible Assets?

The Very Good Food Co VGFCQ -99.98% 12 Intangible Assets is $0.00 Mil as of Sep. 2022. GuruFocus rates VGFCQ with a GF Score™ of 12/100.

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

The Very Good Food Co  (OTCPK:VGFCQ) 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.

The Very Good Food Co Intangible Assets Related Terms

The Very Good Food Co Intangible Assets Historical Data

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The historical data trend for The Very Good Food Co'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.

The Very Good Food Co Intangible Assets Chart

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The Very Good Food Co Quarterly Data
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VGFCQ
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The Very Good Food Co Inc VGFCQ
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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The Very Good Food Co 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?
The Very Good Food Co (VGFCQ) has a Intangible Assets of $0.00 Mil as of Sep. 2022. Intangible assets include patents, goodwill and trade secrets. View historical data on The Very Good Food Co and its competitors.
Is The Very Good Food Co's Intangible Assets too high?
The Very Good Food Co's current Intangible Assets is $0.00 Mil. Overall, The Very Good Food Co has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Very Good Food Co's Intangible Assets compare to KHC and GIS?
The Very Good Food Co'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 The Very Good Food Co and its competitors. The Very Good Food Co'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 The Very Good Food Co stock overvalued right now?
The Very Good Food Co (VGFCQ) has a current Intangible Assets of $0.00 Mil. The current Intangible Assets is $0.00 Mil. The Very Good Food Co's overall GF Score™ is 12/100. 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 The Very Good Food Co (VGFCQ), the current Intangible Assets is $0.00 Mil as of Sep. 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.

The Very Good Food Co Business Description

Address 2748 Rupert Street, Vancouver, BC, CAN, M4W 3P4
The Very Good Food Co Inc operates in the food industry. The company is a food technology company that designs, develops, produces, distributes, and sells a variety of plant-based meat and other food alternatives.
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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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