GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Helix Acquisition Corp II (NAS:HLXB) » Definitions » Intangible Assets

Helix Acquisition II (Helix Acquisition II) Intangible Assets : $0.00 Mil (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Helix Acquisition II Intangible Assets?

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


Helix Acquisition II Intangible Assets Historical Data

The historical data trend for Helix Acquisition II'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.

Helix Acquisition II Intangible Assets Chart

Helix Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Intangible Assets
- - -

Helix Acquisition II Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial - - - - -

Helix Acquisition II 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.


Helix Acquisition II  (NAS:HLXB) 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.


Helix Acquisition II Intangible Assets Related Terms

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


Helix Acquisition II (Helix Acquisition II) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Cormorant Asset Management, LP, 200 Clarendon Street, 52nd Floor, Boston, MA, USA, 02116
Website
Helix Acquisition Corp II is a Blank check company.

Helix Acquisition II (Helix Acquisition II) Headlines