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Stewardship Financial (Stewardship Financial) Intangible Assets : $0.00 Mil (As of Jun. 2019)


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What is Stewardship Financial Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Stewardship Financial's intangible assets for the quarter that ended in Jun. 2019 was $0.00 Mil.


Stewardship Financial Intangible Assets Historical Data

The historical data trend for Stewardship Financial'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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Stewardship Financial Intangible Assets Chart

Stewardship Financial Annual Data
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Intangible Assets
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Stewardship Financial Quarterly Data
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Stewardship Financial 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.


Stewardship Financial  (NAS:SSFN) 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.


Stewardship Financial Intangible Assets Related Terms

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Stewardship Financial (Stewardship Financial) Business Description

Traded in Other Exchanges
N/A
Address
630 Godwin Avenue, Midland Park, NJ, USA, 07432
Stewardship Financial Corp is a part of the financial services sector. It operates through the Atlantic Stewardship Bank in providing services such as personal banking, business banking, investment, and e-services. Under its personal banking business, it provides services like cash back checking, ideal checking, statement savings and money market accounts. Its business banking umbrella comprises of business checking, business savings, and merchant services. The bank also provides mortgages, home equity, commercial loans and consumer loans.
Executives
Ostenbridge Paul Van director, officer: President & CEO 313 LONGBOW DRIVE, FRANKLIN LAKES NJ 07417
Howard Yeaton director 79 LLOYD ROAD, HOHOKUS NJ 07423
James J Burke officer: Chief Financial Officer 37 18 NORTHERN BLVD, LONG ISLAND CITY NY 11101