GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Barrett Business Services Inc (NAS:BBSI) » Definitions » Intangible Assets

Barrett Business Services (Barrett Business Services) Intangible Assets : $48 Mil (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Barrett Business Services Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Barrett Business Services's intangible assets for the quarter that ended in Dec. 2023 was $48 Mil.


Barrett Business Services Intangible Assets Historical Data

The historical data trend for Barrett Business Services'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.

Barrett Business Services Intangible Assets Chart

Barrett Business Services 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 47.82 47.82 47.82 47.82 47.82

Barrett Business Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 47.82 47.82 47.82 47.82 47.82

Barrett Business Services 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.


Barrett Business Services  (NAS:BBSI) 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.


Barrett Business Services Intangible Assets Related Terms

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


Barrett Business Services (Barrett Business Services) Business Description

Traded in Other Exchanges
Address
8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll taxes services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.
Executives
Joseph Stephen Clabby director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Anthony Meeker director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Thomas J Carley director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Jon L Justesen director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Alexandra Morehouse Mcreynolds director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gary Kramer officer: VP - Finance, Treas. & Sec. 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Vincent P Price director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James B Hicks director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Carla A Moradi director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James R Potts officer: EVP Gen Counsel & Secretary 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Anthony J Harris officer: Chief Financial Officer 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Gerald Blotz officer: VP and COO--Field Operations 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Michael L Elich officer: VP and Chief Operating Officer 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gregory R Vaughn officer: Vice President 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662