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DAVIDsTEA (DAVIDsTEA) Intangible Assets : $1.33 Mil (As of Oct. 2022)


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What is DAVIDsTEA Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. DAVIDsTEA's intangible assets for the quarter that ended in Oct. 2022 was $1.33 Mil.


DAVIDsTEA Intangible Assets Historical Data

The historical data trend for DAVIDsTEA'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.

DAVIDsTEA Intangible Assets Chart

DAVIDsTEA Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.57 4.27 4.84 3.09 1.77

DAVIDsTEA Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 2.12 1.77 1.66 1.51 1.33

DAVIDsTEA 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.


DAVIDsTEA  (OTCPK:DTEAF) 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.


DAVIDsTEA Intangible Assets Related Terms

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DAVIDsTEA (DAVIDsTEA) Business Description

Traded in Other Exchanges
N/A
Address
5430 Ferrier Street, Mount-Royal, QC, CAN, H4P 1M2
DAVIDsTEA Inc is a company functional in Canada's packaged foods market. Operating as a branded retailer of different types of tea, the company serves through DAVIDsTEA stores and its website, davidstea.com. Its business involves the sale of three main products; Tea, Tea Accessories and Food and Beverages. Tea products such as loose-leaf teas, pre-packaged teas, and tea sachets account for the majority of the company's sales. The Company has two operating segments, Canada, and the U.S; that derive their revenues from various distribution channels including online, retail and wholesale. The Company derives revenue from Tea, Tea accessories and Food and beverages products. Majority revenue is derived from Tea products.

DAVIDsTEA (DAVIDsTEA) Headlines

From GuruFocus

DAVIDsTEA Creditors Approve CCAA Plan of Arrangement

By GlobeNewswire GlobeNewswire 06-11-2021

DAVIDsTEA Takes Steps to Optimize Store Network

By GlobeNewswire GlobeNewswire 07-09-2020

DAVIDsTEA Announces Third Quarter Fiscal 2018 Earnings Conference Call

By GlobeNewswire GlobeNewswire 12-06-2018

DAVIDsTEA Categorically Rejects Latest Highland Lawsuit

By Marketwired Marketwired 08-01-2018

DAVIDsTEA Comments on Trading Activity

By GlobeNewswire GlobeNewswire 10-02-2018

Frank Zitella to Join DAVIDsTEA as Chief Financial Officer

By Marketwired Marketwired 11-22-2018