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WELNF (Integrated Wellness Acquisition) Intangible Assets : $0.00 Mil (As of Sep. 2024)


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What is Integrated Wellness Acquisition Intangible Assets?

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


Integrated Wellness Acquisition Intangible Assets Historical Data

The historical data trend for Integrated Wellness 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.

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Integrated Wellness Acquisition Intangible Assets Chart

Integrated Wellness Acquisition Annual Data
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Intangible Assets
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Integrated Wellness Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Integrated Wellness 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.


Integrated Wellness Acquisition  (OTCPK:WELNF) 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.


Integrated Wellness Acquisition Intangible Assets Related Terms

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Integrated Wellness Acquisition Business Description

Traded in Other Exchanges
N/A
Address
59 N. Main Street, Suite 1, Florida, NY, USA, 10921
Integrated Wellness Acquisition Corp is a blank check company.
Executives
Gael Forterre director 1489 WEST WARM SPRINGS ROAD, SUITE 110, HENDERSON NV 89014
Scott Brady Powell director 700 1ST STREET, #17J, HOBOKEN NJ 07030
Iwh Sponsor Lp 10 percent owner 642 EVELYN AVENUE 2ND FLOOR, EAST MEADOW NY 11554
Hadrien Forterre director, 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921
Robert Quandt director, officer: Chief Operating Officer 148 N MAIN STREET, FLORIDA NY 10921
Steven Schapera director, officer: Chief Executive Officer 148 N MAIN STREET, FLORIDA NY 10921
Della Vergiliana Antonio Varano director, 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921
James T. Macperhson director, 10 percent owner, officer: Chief Financial Officer 148 N MAIN STREET, FLORIDA NY 10921
Iwh Sponsor Gp Llc 10 percent owner 148 N MAIN STREET, FLORIDA NY 10921