VTWRF (Vantage Towers AG) Intangible Assets: $3,861 Mil (As of Mar. 2023)


VTWRF Vantage Towers AG VTWRF
44 GF Score
Price $40.06
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What is Vantage Towers AG Intangible Assets?

Vantage Towers AG VTWRF 44 Intangible Assets is $3,861 Mil as of Mar. 2023. GuruFocus rates VTWRF with a GF Score™ of 44/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Vantage Towers AG's intangible assets for the quarter that ended in Mar. 2023 was $3,861 Mil.

Vantage Towers AG  (OTCPK:VTWRF) 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.

Vantage Towers AG Intangible Assets Related Terms

Vantage Towers AG Intangible Assets Historical Data

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The historical data trend for Vantage Towers AG'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.

Vantage Towers AG Intangible Assets Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Intangible Assets
4,227.38 3,951.98 3,861.03

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Intangible Assets Get a 7-Day Free Trial 4,227.38 4,182.47 3,951.98 3,549.70 3,861.03
VTWRF
44GF Score
Vantage Towers AG VTWRF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Vantage Towers AG 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 $3,861 Mil mean?
Vantage Towers AG (VTWRF) has a Intangible Assets of $3,861 Mil as of Mar. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on Vantage Towers AG and its competitors.
Is Vantage Towers AG's Intangible Assets too high?
Vantage Towers AG's current Intangible Assets is $3,861 Mil. Overall, Vantage Towers AG has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Vantage Towers AG's Intangible Assets compare to BEKE and CBRE?
Vantage Towers AG's Intangible Assets of $3,861 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Intangible Assets depends on the Real Estate 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 Vantage Towers AG and its competitors. Vantage Towers AG's current Intangible Assets is $3,861 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vantage Towers AG stock overvalued right now?
Vantage Towers AG (VTWRF) has a current Intangible Assets of $3,861 Mil. The current Intangible Assets is $3,861 Mil. Vantage Towers AG's overall GF Score™ is 44/100. 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 Vantage Towers AG (VTWRF), the current Intangible Assets is $3,861 Mil as of Mar. 2023. 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.

Vantage Towers AG Business Description

Address Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
44GF Score

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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$40.06
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