GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Viveon Health Acquisition Corp (OTCPK:VHAQ) » Definitions » Intangible Assets

Viveon Health Acquisition (Viveon Health Acquisition) Intangible Assets : $0.00 Mil (As of Dec. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Viveon Health Acquisition Intangible Assets?

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


Viveon Health Acquisition Intangible Assets Historical Data

The historical data trend for Viveon Health 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.

* Premium members only.

Viveon Health Acquisition Intangible Assets Chart

Viveon Health Acquisition Annual Data
Trend Dec20 Dec21 Dec22
Intangible Assets
- - -

Viveon Health Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Intangible Assets Get a 7-Day Free Trial Premium Member Only - - - - -

Viveon Health 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.


Viveon Health Acquisition  (OTCPK:VHAQ) 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.


Viveon Health Acquisition Intangible Assets Related Terms

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


Viveon Health Acquisition (Viveon Health Acquisition) Business Description

Traded in Other Exchanges
Address
3480 Peachtree Road NE, 2nd Floor, Suite 112, Atlanta, GA, USA, 30326
Website
Viveon Health Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.
Executives
Demetrios G. Logothetis director C/O GIBSON, DEAL & FLETCHER, PC, 3953, NORCROSS GA 30092
Lishan Aklog director 420 LEXINGTON AVENUE, SUITE 300, NEW YORK NY 10171
Romilos Papadopoulos director, 10 percent owner, officer: CFO and Treasurer C/O XETHANOL CORPORATION, 3348 PEACHTREE ROAD NE, BLDG 200, #250, ATLANTA GA 30326
John Douglas Craft director C/O GIDSON, DEAL & FLETCHER, PC, 3953 HOLCOMB BRIDGE ROAD, NORCROSS GA 30092
Brian J. Cole director C/O GIBSON, DEAL, AND FLETCHER, P. C., 3953 HOLCOMB BRIDGE ROAD, NORCROSS GA 30092
Jagi Gill director, 10 percent owner, officer: CEO and President C/O GIDSON, DEAL & FLETCHER, PC, 395, NORCROSS GA 30092
Viveon Health, Llc 10 percent owner C/O GIDSON, DEAL & FLETCHER, PC, 39, NORCROSS NY 30092

Viveon Health Acquisition (Viveon Health Acquisition) Headlines

From GuruFocus