CRWS has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
CRWS has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Crown Crafts's intangible assets for the quarter that ended in Dec. 2023 was $10.90 Mil.
The historical data trend for Crown Crafts'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.
Crown Crafts Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | Mar22 | Mar23 | |||||||||||
Intangible Assets | Get a 7-Day Free Trial | 13.56 | 12.70 | 10.29 | 9.78 | 11.37 |
Crown Crafts 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 | 9.42 | 11.37 | 11.25 | 11.05 | 10.90 |
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.
Crown Crafts (NAS:CRWS) 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.
Thank you for viewing the detailed overview of Crown Crafts's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.
Donald R Ratajczak | director | THE HARTSFIELD COLONNADE, 4893 RIVERDALE RD STE 260, ATLANTA GA 30337 |
Zenon S Nie | director | |
Michael Benstock | director | C/O SUPERIOR UNIFORM GROUP INC, 10055 SEMINOLE BLVD, SEMINOLE FL 33772 |
E Randall Chestnut | director, officer: President and CEO | |
Craig Demarest | officer: VP and CFO | C/O TIDEWATER, INC, 601 POYDRAS STREET, SUITE 1900, NEW ORLEANS LA 70130 |
Nanci Freeman | officer: Pres & CEO/Infant Products Div | 5882 BOLSA AVE SUITE 100, HUNTINGTON CA 92849 |
Donna Sheridan | officer: Pres & CEO / NoJo Baby & Kids | 711 WEST WALNUT STREET, COMPTON CA 90220 |
Patricia Stensrud | director | P.O. BOX 1028, GONZALES LA 70707 |
Kenneth C. Cowart | officer: Director, Information Systems | P.O. BOX 1028, GONZALES LA 70707 |
Stephen Guyer | officer: VP Procurement/Infant Products | 711 WEST WALNUT STREET, COMPTON CA 90220 |
Susan I. Christensen | officer: VP Sales/Infant Products Div | 711 WEST WALNUT STREET, COMPTON CA 90220 |
Wynnefield Partners Small Cap Value Lp | 10 percent owner | 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123 |
Debra Dunne | officer: VP Design/Infant Products Div | 711 WEST WALNUT STREET, COMPTON CA 90220 |
Melvin L Keating | director | 18 DRIFTWOOD DRIVE, LIVINGSTON NJ 07039 |
Jon C Biro | director | 5858 WESTHEIMER, SUITE 200, HOUSTON TX 77057 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 06-26-2022
By GuruFocusNews GuruFocusNews • 06-28-2022
By PurpleRose PurpleRose • 08-10-2022
By Marketwired • 08-16-2023
By Value_Insider Value_Insider • 11-16-2022
By GuruFocusNews GuruFocusNews • 07-01-2022
By GuruFocusNews GuruFocusNews • 07-02-2022
By sperokesalga sperokesalga • 06-15-2023
By GuruFocusNews GuruFocusNews • 07-08-2022
By Marketwired • 08-17-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.