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Next Meats Holdings (Next Meats Holdings) Intangible Assets : $0.00 Mil (As of Jan. 2024)


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What is Next Meats Holdings Intangible Assets?

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


Next Meats Holdings Intangible Assets Historical Data

The historical data trend for Next Meats Holdings'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.

Next Meats Holdings Intangible Assets Chart

Next Meats Holdings Annual Data
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Next Meats Holdings Quarterly Data
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Next Meats Holdings 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.


Next Meats Holdings  (OTCPK:NXMH) 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.


Next Meats Holdings Intangible Assets Related Terms

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Next Meats Holdings (Next Meats Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3F 1-16-13 Ebisu Minami Shibuya-ku, Tokyo, JPN, 150-0022
Next Meats Holdings Inc. is a Japanese Company that operates in the alternative meat industry. It currently offers, and plans to continue to offer, amongst other things, artificial chicken and beef products made from meat substitutes. As will be described later on, Next Meats Co., Ltd. is now a wholly-owned subsidiary of the Company.
Executives
Koichi Ishizuka director, 10 percent owner, officer: CEO, CFO 3-1-21, CHUO, NAKANO-KU, TOKYO M0 164-0011
White Knight Co., Ltd. 10 percent owner 3F K MINAMIAOYAMA, 6-6-20 MINAMIAOYAMA, MINATO-KU, TOKYO M0 107-0062
Hideyuki Sasaki director, 10 percent owner, officer: Chief Operating Officer 5-2-4 NISHI, HANYU-SHI, SAITAMA M0 348-0054
Ryo Shirai director, 10 percent owner, other: Chairman of the Board 4-380-4- NAKAZAWA, NAGAOKA-SHI, NIIGATA M0 940-0853
Next Meats Co., Ltd 10 percent owner 3F 1-16-13 EBISU MINAMI, SHIBUYA-KU, TOKYO M0 150-0022
Flint Consulting Services, Llc 10 percent owner 780 RESERVOIR AVE #123, CRANSTON RI 029910

Next Meats Holdings (Next Meats Holdings) Headlines

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