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Nu Ride (Nu Ride) Intangible Assets : $0.00 Mil (As of Mar. 2024)


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What is Nu Ride Intangible Assets?

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


Nu Ride Intangible Assets Historical Data

The historical data trend for Nu Ride'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.

Nu Ride Intangible Assets Chart

Nu Ride Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
11.11 11.11 1.00 - -

Nu Ride Quarterly Data
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 - - - - -

Nu Ride 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.


Nu Ride  (OTCPK:NRDE) 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.


Nu Ride Intangible Assets Related Terms

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Nu Ride (Nu Ride) Business Description

Traded in Other Exchanges
N/A
Address
2300 Hallock Young Road, Lordstown, OH, USA, 44481
Lordstown Motors Corp is an electric vehicle innovator developing high-quality light duty commercial fleet vehicles, with the Endurance all electric pick-up truck as its first vehicle being launched in the Lordstown, Ohio facility. The Company is in its final design and testing phase related to their production of the Endurance and has yet to bring a completed product to market.
Executives
Stephen S. Burns director, officer: Chief Executive Officer C/O ADVANCED MECHANICAL PRODUCTS, INC., 4540 ALPINE ROAD, BLUE ASH OH 45242
Anderson Joseph B Jr director MERITOR, INC., 2135 WEST MAPLE ROAD, TROY MI 48084-7186
Edward T. Hightower officer: President C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Donna Bell officer: EVP, PROD CRTN, ENG & SUPP CHN C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Jane Ritson-parsons officer: CHIEF OPERATING OFFICER C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Laura J. Soave director C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Daniel A Ninivaggi director, officer: CHIEF EXECUTIVE OFFICER C/O ICAHN ENTERPRISES L.P., 767 FIFTH AVENUE, SUITE 4600, NEW YORK NY 10153
Melissa A. Leonard officer: EVP, GEN. COUNSEL & SECRETARY C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Adam B Kroll officer: CHIEF FINANCIAL OFFICER 475 QUAKER MEETING HOUSE RD, HONEOYE FALLS NY 14472
Rebecca A Roof officer: Interim CFO C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Chuan D. Vo officer: Vice President of Propulsion C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Julio C. Rodriguez officer: Chief Financial Officer 315 CHELSEY CT., ALPHARETTA GA 30004
Darren Post officer: Vice President of Engineering C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Phil Richard Schmidt officer: Chief Production Officer C/O LORDSTOWN MOTORS CORP., 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481
Shane Brown officer: Chief Production Officer 2300 HALLOCK YOUNG ROAD, LORDSTOWN OH 44481

Nu Ride (Nu Ride) Headlines

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