GURUFOCUS.COM » STOCK LIST » Technology » Software » Usio Inc (NAS:USIO) » Definitions » Intangible Assets

Usio (USIO) Intangible Assets : $1.54 Mil (As of Mar. 2024)


View and export this data going back to 1998. Start your Free Trial

What is Usio Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Usio's intangible assets for the quarter that ended in Mar. 2024 was $1.54 Mil.


Usio Intangible Assets Historical Data

The historical data trend for Usio'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.

Usio Intangible Assets Chart

Usio 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 2.68 6.04 4.16 2.63 1.75

Usio 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 2.41 2.19 1.97 1.75 1.54

Usio 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.


Usio  (NAS:USIO) 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.


Usio Intangible Assets Related Terms

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


Usio (USIO) Business Description

Traded in Other Exchanges
N/A
Address
3611 Paesanos Parkway, Suite 300, San Antonio, TX, USA, 78231
Usio Inc is a United States-based company that provides integrated electronic payment services, including credit and debit card-based processing services and transaction processing via the Automated Clearing House, or ACH network to billers and retailers. The Company also has an additional wholly-owned subsidiary, Usio Output Solutions, Inc., which is the entity for the Output Solutions operations.
Executives
Topline Capital Management, Llc other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Topline Capital Partners, Lp 10 percent owner 544 EUCLID STREET, SANTA MONICA CA 90402
Houston Korth Frost officer: SVP, Corporate Development 302 PEARL PKWY #3313, SAN ANTONIO TX 78215
Elizabeth Michelle Miller director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Michael R Long director, officer: Chairman, CEO & CFO 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Louis A Hoch director, officer: President & COO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Greg M Carter officer: EVP Payment Acceptance 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Mcbirney Collin other: See Explanation in Footnotes 544 EUCLID STREET, SANTA MONICA CA 90402
Beyer Del La Garza Ernesto R director 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231
Blaise Bender director 3611 PAESANOS PARKWA, SUITE 300, SAN ANTONIO TX 78231
Steve Huffman director 12500 SAN PEDRO, STE 120, SAN ANTONIO TX 78216
Vaden Cecil Landers 10 percent owner, officer: Chief Revenue Officer 12500 SAN PEDRO, SUITE 120, SAN ANTONIO X1 78216
Brad Rollins director 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Habib Yunus other: Former SVP/CFO 12500 SAN PEDRO, SUITE 120, SAN ANTONIO TX 78216
Lowell Thomas Jewell officer: Chief Financial Officer 3611 PAESANOS PARKWAY, SUITE 300, SAN ANTONIO TX 78231