RPM International (RPM International) Intangible Assets : $1,833 Mil (As of Feb. 2024)

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What is RPM International Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. RPM International's intangible assets for the quarter that ended in Feb. 2024 was $1,833 Mil.

RPM International Intangible Assets Historical Data

The historical data trend for RPM International'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.

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RPM International Intangible Assets Chart

RPM International Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Intangible Assets

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1,846.84

1,834.45

1,974.45

1,930.13

1,848.58

RPM International Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Intangible Assets	Get a 7-Day Free Trial															1,850.80	1,848.58	1,842.83	1,845.31	1,833.42

RPM International 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.

RPM International (NYSE:RPM) 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.

RPM International Intangible Assets Related Terms

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RPM International (RPM International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » RPM International Inc (NYSE:RPM) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

RP8:Germany RP8:Germany

Address

2628 Pearl Road, P.O. Box 777, Medina, OH, USA, 44256

Website

https://www.rpminc.com

RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.

Executives

Timothy R. Kinser	officer: VP-Operations	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Frederick R. Nance	director	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Frank C Sullivan	director, officer: President and CEO
Michael J. Laroche	officer: VP, Controller & CAO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Edward W. Moore	officer: VP, Gen. Counsel & Secretary	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Matthew T Ratajczak	officer: VP-Global Tax and Treasurer	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Russell L Gordon	officer: VP and CFO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
Ellen M Pawlikowski	director	870 WINTER STREET, WALTHAM MA 02451
Elizabeth F Whited	director	1400 DOUGLAS ST, OMAHA NE 68179
Thomas Gross	director	DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
David A. Daberko	director	C/O MARATHON PETROLEUM CORPORATION, 539 S. MAIN STREET, FINDLAY OH 45840
Michael Hobart Sullivan	officer: VP, Operations and CRO	2628 PEARL ROAD, P.O. BOX 777, MEDINA OH 44258
John M Ballbach	director
Kirkland B Andrews	director	C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105
Robert Livingston	director	C/O DOVER CORPORATION, 3005 HIGHLAND PARKWAY, SUITE 200, DOWNERS GROVE IL 60515