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Colabor Group (Colabor Group) Intangible Assets : $69.0 Mil (As of Mar. 2024)


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What is Colabor Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Colabor Group's intangible assets for the quarter that ended in Mar. 2024 was $69.0 Mil.


Colabor Group Intangible Assets Historical Data

The historical data trend for Colabor Group'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.

Colabor Group Intangible Assets Chart

Colabor Group 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 77.66 76.03 73.18 70.04 68.25

Colabor Group 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 68.95 70.45 68.61 68.25 69.02

Colabor Group 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.


Colabor Group  (OTCPK:COLFF) 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.


Colabor Group Intangible Assets Related Terms

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Colabor Group (Colabor Group) Business Description

Traded in Other Exchanges
Address
1620 De Montarville Boulevard, Boucherville, QC, CAN, J4B 8P4
Colabor Group Inc is a wholesaler and distributor of food and related products in Canada. The company operates in two segments Distribution and the Wholesale segment. Its Distribution segment operations include the distribution of food products and related products in hotels, restaurants, and institutions (HRI) and the retail market. Its products such as meat, fish, and seafood (Specialty Distribution), as well as general food-related products (Broadline Distribution), and the Wholesale segment's operations, include the sale of general food-related products to distributors from its distribution center in Boucherville. The company generates maximum revenue from the Distribution segment.

Colabor Group (Colabor Group) Headlines

From GuruFocus

Colabor Announces a Change to its Board of Directors

By GlobeNewswire GlobeNewswire 11-25-2019

Colabor Announces a Change to Its Board of Directors

By GlobeNewswire GlobeNewswire 06-14-2022

Colabor Group Reports Results for the Second Quarter 2022

By GlobeNewswire GlobeNewswire 07-21-2022

Colabor Group Releases Results of Shareholder Votes

By GlobeNewswire GlobeNewswire 05-03-2019

Colabor Group Reports Results for the Third Quarter 2020

By GlobeNewswire GlobeNewswire 10-15-2020

Colabor Group Reports Results for the Second Quarter 2021

By GlobeNewswire GlobeNewswire 07-21-2021