National Citizen Commercial Joint Stock Bank (HSTC:NVB) Intangible Assets : ₫614,038 Mil (As of Dec. 2023)

National Citizen Commercial Joint Stock Bank Intangible Assets Chart

National Citizen Commercial Joint Stock Bank Annual Data
	Trend	Dec08	Dec09	Dec10	Dec11	Dec16	Dec17	Dec20	Dec21	Dec22	Dec23
Intangible Assets		Get a 7-Day Free Trial					1,107,609.00	432,611.00	579,793.00	578,261.00	614,038.00

National Citizen Commercial Joint Stock Bank Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Mar19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Intangible Assets	Get a 7-Day Free Trial															578,261.00	583,912.00	586,101.00	584,044.00	614,038.00

National Citizen Commercial Joint Stock Bank 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.

National Citizen Commercial Joint Stock Bank  (HSTC:NVB) 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.

National Citizen Commercial Joint Stock Bank Intangible Assets Related Terms

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National Citizen Commercial Joint Stock Bank (HSTC:NVB) Business Description