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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Intangible Assets : $11.27 Mil (As of Jan. 2024)


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What is Kaival Brands Innovations Group Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Kaival Brands Innovations Group's intangible assets for the quarter that ended in Jan. 2024 was $11.27 Mil.


Kaival Brands Innovations Group Intangible Assets Historical Data

The historical data trend for Kaival Brands Innovations Group'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.

Kaival Brands Innovations Group Intangible Assets Chart

Kaival Brands Innovations Group Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Intangible Assets
Get a 7-Day Free Trial - - - - 11.47

Kaival Brands Innovations Group Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - 11.67 11.47 11.27

Kaival Brands Innovations Group 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.


Kaival Brands Innovations Group  (NAS:KAVL) 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.


Kaival Brands Innovations Group Intangible Assets Related Terms

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Kaival Brands Innovations Group (Kaival Brands Innovations Group) Business Description

Traded in Other Exchanges
N/A
Address
4460 Old Dixie Highway, Grant, FL, USA, 32949
Kaival Brands Innovations Group Inc is focused on growing and incubating innovative and profitable products. The company is engaged in the business of developing electronic nicotine delivery systems and related components. Its primary product includes Bidi Stick. The BIDI Stick comes in a variety of flavor options for adult cigarette smokers.
Executives
Stephen Alan Sheriff officer: COO & IRO 4460 OLD DIXIE HIGHWAY, GRANT-VALKARIA FL 32949
Thomas James Metzler officer: CFO, Treasurer and Secretary KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
James Patrick Cassidy director 14 SOUTH PACK SQUARE, SUITE 403, ASHEVILLE NC 28801
Barry Michael Hopkins director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
David Worner director KAIVAL BRANDS INNOVATIONS GROUP, INC., 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Mark L Thoenes officer: Interim CFO 7700 N.E. AMBASSADOR PL, PORTLAND OR 97220
George T. Chuang director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Nirajkumar Patel director, 10 percent owner, officer: CEO, CFO, President, Treasurer 4460 OLD DIXIE HIGHWAY,, GRANT FL 32949
Paul John Reuter director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Roger Brooks director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Carolyn Hanigan director 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Eric Mosser director, 10 percent owner, officer: COO, Secretary 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Kaival Brands Innovations Group, Llc 10 percent owner 4460 OLD DIXIE HIGHWAY, GRANT FL 32949
Gmrz Holdings Llc 10 percent owner 780 RESERVOIR AVENUE, #123, CRANSTON RI 02910