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Oppenheimer Holdings (Oppenheimer Holdings) Intangible Assets : $176 Mil (As of Mar. 2024)


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What is Oppenheimer Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Oppenheimer Holdings's intangible assets for the quarter that ended in Mar. 2024 was $176 Mil.


Oppenheimer Holdings Intangible Assets Historical Data

The historical data trend for Oppenheimer Holdings'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.

Oppenheimer Holdings Intangible Assets Chart

Oppenheimer Holdings 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 169.99 169.99 169.99 169.99 176.50

Oppenheimer Holdings 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 169.99 169.99 169.99 176.50 176.43

Oppenheimer Holdings 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.


Oppenheimer Holdings  (NYSE:OPY) 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.


Oppenheimer Holdings Intangible Assets Related Terms

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Oppenheimer Holdings (Oppenheimer Holdings) Business Description

Traded in Other Exchanges
N/A
Address
85 Broad Street, New York, NY, USA, 10004
Oppenheimer Holdings Inc conducts activities in the securities industry. The company is involved in retail securities brokerage, investment banking (both corporate and public finance), institutional sales and trading, market-making, research, trust services, and investment advisory and asset management services. The company has three segments: private client, asset management, and capital markets. The private client segment, including full-service brokerage, wealth planning, and margin lending, contributes over half of total revenue. The company generates the majority of revenue from the Americas, with the rest from Europe, the Middle East, and Asia.
Executives
Stacy J. Kanter director C/O APPLIED THERAPEUTICS, INC., 340 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10173
Evan Behrens director C/O SEACOR HOLDINGS INC., 2200 ELLER DRIVE, P.O. BOX 13038, FORT LAUDERDALE FL 33316
Brad M Watkins officer: CFO 72 CANDY LANE, SYOSSET NY 11791
Paul M Friedman director 11 DEERFIELD LANE, SCARSDALE NY 10583
R Lawrence Roth director C/O OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
A Winn Oughtred director 52 MAPLE AVE, TORONTO ONTARIO A6 M4W 2T7
Timothy Martin Dwyer director 60 BEACON HILL ROAD, NEW CANAAN CT 06840
William Ehrhardt director 101 PARK BLVD NORTH, VENICE FL 34285
Teresa Glasser director 1044 GRAND ISLE TERRACE, PALM BEACH GARDENS FL 33418
Robert S Lowenthal director 85 BROAD STREET, NEW YORK NY 10004
Albert G Lowenthal director, 10 percent owner, officer: CEO OPPENHEIMER HOLDINGS INC., 85 BROAD STREET, NEW YORK NY 10004
Jeffrey J Alfano officer: CFO C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Dennis P Mcnamara officer: Secretary C/O OPPENHEIMER & CO. INC., 85 BROAD STREET, NEW YORK NY 10004
Morris Goldfarb director C/O G-III APPAREL GROUP, 345 W 37TH ST, NY NY 10018
Richard Crystal director 41 BLACK BIRCH LN, SCARSDALE NY 10583