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NAPCO Security Technologies (NAPCO Security Technologies) Intangible Assets

: $3.8 Mil (As of Dec. 2023)
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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. NAPCO Security Technologies's intangible assets for the quarter that ended in Dec. 2023 was $3.8 Mil.


NAPCO Security Technologies Intangible Assets Historical Data

The historical data trend for NAPCO Security Technologies'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.

NAPCO Security Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Intangible Assets
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.23 5.12 4.69 4.30 3.94

NAPCO Security Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Intangible Assets 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 Premium Member Only Premium Member Only Premium Member Only 4.12 4.03 3.94 3.86 3.77

NAPCO Security Technologies 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.


NAPCO Security Technologies  (NAS:NSSC) 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.


NAPCO Security Technologies Intangible Assets Related Terms

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NAPCO Security Technologies (NAPCO Security Technologies) Business Description

Traded in Other Exchanges
Address
333 Bayview Avenue, Amityville, NY, USA, 11701
NAPCO Security Technologies Inc manufactures security products, encompassing access control systems, door-locking products, intrusion and fire alarm systems and video surveillance products. Its products are used for various applications which includes alarm systems like automatic communicators, combination control panels/digital communicators and digital keypad systems, fire alarm control panel and area detectors mainly used for commercial, residential, institutional, industrial and governmental uses.
Executives
Paul Stephen Beeber director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Kevin S Buchel director, officer: Senior Vice President 333 BAYVIEW AVE, AMITYVILLE NY 11701
Richard Soloway director, 10 percent owner, officer: President and Secretary 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
David Alexander Paterson director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Michael Carrieri officer: Sr.Vice President, Engineering
Rick A Lazio director
Jorge Hevia officer: Senior Vice President
Stephen M Spinelli officer: Senior VP of Sales 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Robert A Ungar director 333 BAYVIEW AVENUE, AMITYVILLE NY 11701
Andrew Wilder director 333 BAYVIEW AVE, AMITYVILLE NY 11701
Randy B Blauskin director 333 BAYVIEW AVENUE, AMITYVILLE NY 11757
George Marks officer: Pres. of Marks USA-Sub of NSSC 322 BALTRUSTROL CIRCLE, NORTH HILLS NY 11576
Donna Anne Soloway director 333 BAYVIEW AVENUE, AMITYVILLE, NY 11701
Cannell Capital Llc 10 percent owner 245 MERIWETHER CIRCLE, ALTA WY 83414
William G Lorber officer: Vice President 355 BAYVIEW AVENUE, AMITYVILLE NY 11701

NAPCO Security Technologies (NAPCO Security Technologies) Headlines

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