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Neptune Wellness Solutions (Neptune Wellness Solutions) Intangible Assets : $3.79 Mil (As of Dec. 2023)


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What is Neptune Wellness Solutions Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Neptune Wellness Solutions's intangible assets for the quarter that ended in Dec. 2023 was $3.79 Mil.


Neptune Wellness Solutions Intangible Assets Historical Data

The historical data trend for Neptune Wellness Solutions'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.

Neptune Wellness Solutions Intangible Assets Chart

Neptune Wellness Solutions Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.79 47.84 51.41 43.82 4.03

Neptune Wellness Solutions 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 31.74 4.03 4.01 3.82 3.79

Neptune Wellness Solutions 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.


Neptune Wellness Solutions  (OTCPK:NEPTF) 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.


Neptune Wellness Solutions Intangible Assets Related Terms

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Neptune Wellness Solutions (Neptune Wellness Solutions) Business Description

Traded in Other Exchanges
Address
545 Promenade du Centropolis, Suite 100, Laval, QC, CAN, H7T 0A3
Neptune Wellness Solutions Inc is a consumer-packaged goods company that aims to innovate health and wellness products. It focuses on developing a portfolio of high-quality, affordable consumer products that align with the latest market trends for natural, sustainable, plant-based and purpose-driven lifestyle brands. The company's products are available in more than 27,000 retail locations and include well-known organic food and beverage brands such as Sprout Organics, Nosh, and Nurturme, as well as nutraceuticals brands like Biodroga and Forest Remedies. With its efficient and adaptable manufacturing and supply chain infrastructure, the company can quickly respond to consumer demand, and introduce new products through retail partners and e-commerce channels.
Executives
Neptune Securities Settlement Fund 10 percent owner C/O POMERANTZ LLP, 10 S. LASALLE ST., SUITE 3505, CHICAGO IL 60603
Raymond Silcock officer: Chief Financial Officer 399 JEFFERSON ROAD, PARSIPPANY NJ 07054
Philip H Sanford director C/O CHATTEM INC, 1715 WEST 38TH STREET, CHATTANOOGA TN 37409
John Wirt officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Michael Cammarata director, officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Randy Weaver officer: Chief Financial Officer 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Jessica Adkins officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Cecil Demorris Brown officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Joseph Buaron director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Julie Phillips director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Ronald Denis director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Emily Fletty officer: See Remarks 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Geus Michael De director 100-545 PROMENADE DU CENTROPOLIS, LAVAL A8 H7T0A3
Blumont Capital Corp 10 percent owner 70 UNIVERSITY AVENUE, SUITE 1200, TORONTO A6 M5J 2M4