GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Military Commercial Joint Stock Bank (STC:MBB) » Definitions » Intangible Assets

Military Commercial Joint Stock Bank (STC:MBB) Intangible Assets : ₫1,675,786 Mil (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Military Commercial Joint Stock Bank Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Military Commercial Joint Stock Bank's intangible assets for the quarter that ended in Mar. 2024 was ₫1,675,786 Mil.


Military Commercial Joint Stock Bank Intangible Assets Historical Data

The historical data trend for Military Commercial Joint Stock Bank'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.

Military Commercial Joint Stock Bank Intangible Assets Chart

Military Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,213,194.00 1,270,008.00 1,502,631.00 1,644,515.00 1,678,827.00

Military Commercial Joint Stock Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,628,902.00 1,663,633.00 1,611,312.00 1,678,827.00 1,675,786.00

Military 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.


Military Commercial Joint Stock Bank  (STC:MBB) 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.


Military Commercial Joint Stock Bank Intangible Assets Related Terms

Thank you for viewing the detailed overview of Military Commercial Joint Stock Bank's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


Military Commercial Joint Stock Bank (STC:MBB) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Le Van Luong Street, 25th Floor, MB Building, Trung Hoa Ward, Cau Giay District, Hanoi, VNM
Military Commercial Joint Stock Bank provides personal and corporate banking services in Vietnam. The company is engaged in mobilizing and receiving short. medium and long-term deposit funds from organizations and individuals; lending on a short, medium and long-term; conducting settlement and cash services and other banking services as approved by the SBV; making capital contributions. Its operating segment includes Banking and Finance; Securities - Fund Management; Insurance and Debt collection - Asset management. The company generates maximum revenue from Banking and Finance segment.

Military Commercial Joint Stock Bank (STC:MBB) Headlines

From GuruFocus

Top 5 4th Quarter Trades of CABOT WEALTH MANAGEMENT INC

By GuruFocus Research GuruFocus Editor 01-31-2023

Avalon Investment & Advisory Buys 3, Sells 2 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022

LINCOLN CAPITAL CORP Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-20-2023

TRANSCEND CAPITAL ADVISORS, LLC Buys 2, Sells 3 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 07-12-2022

Ronald Blue Trust, Inc. Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-17-2023

Top 5 3rd Quarter Trades of Occidental Asset Management, LLC

By GuruFocus Research GuruFocus Editor 11-08-2022