Acme United (Acme United) Intangible Assets

: $27.2 Mil (As of Dec. 2023)

View and export this data going back to 1984. Start your Free Trial

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Acme United's intangible assets for the quarter that ended in Dec. 2023 was $27.2 Mil.

Acme United Intangible Assets Historical Data

The historical data trend for Acme United'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.

Acme United Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Intangible Assets

Get a 7-Day Free Trial

20.49

23.52

22.03

28.98

27.19

Acme United 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															28.46	27.97	27.74	27.19	26.59

Acme United 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.

Acme United (AMEX:ACU) 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.

Acme United Intangible Assets Related Terms

Thank you for viewing the detailed overview of Acme United's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Acme United (Acme United) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Acme United Corp (AMEX:ACU) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

UT1:Germany

Address

1 Waterview Drive, Shelton, CT, USA, 06484

Website

https://www.acmeunited.com

Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.

Executives

Brian S Olschan	director, officer: Pres, Chief Operations Officer	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Rex Lynn Davidson	director	70 BATTERY PLACE #620, NEW YORK NY 10280
Paul G Driscoll	officer: Vice President and CFO	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Brian Barker	director	55 WALLS DRIVE, FAIRFIELD CT 06824
Walter C Johnsen	director, officer: See Remarks	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Ward Stevenson E Iii	director	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Susan H Murphy	director	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Holden Richmond Y Jr	director	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
North Star Investment Management Corp.	10 percent owner	20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
Gary D Penisten	director, officer: Chairman	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
R Scott Asen	10 percent owner	224 E 49TH ST, NEW YORK NY 10017
James A Benkovic	officer: Vice President of Sales	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Stephen Jr Spinelli	director	THE COLONNADE RESIDENCES, 118 HUNTINGTON AVE, APT 1102, BOSTON MA 02116
Wayne R Moore	director	C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE, FAIRFIELD CT 06825
George R Dunbar	director	C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824