RH (RH) Intangible Assets

: $217 Mil (As of Jan. 2024)

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Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. RH's intangible assets for the quarter that ended in Jan. 2024 was $217 Mil.

RH Intangible Assets Historical Data

The historical data trend for RH'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.

RH Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Intangible Assets

210.39

212.76

214.26

215.68

216.96

RH Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Intangible Assets																215.68	216.17	216.53	216.74	216.96

RH 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.

RH (NYSE:RH) 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.

RH Intangible Assets Related Terms

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RH (RH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » RH (NYSE:RH) » Definitions » Intangible Assets

Comparable Companies

Traded in Other Exchanges

RH:Mexico RS1:Germany R2HH34:Brazil

Address

15 Koch Road, Suite K, Corte Madera, CA, USA, 94925

Website

https://www.restorationhardware.com

RH is a luxury retailer operating in the $143 billion domestic furniture and home furnishing industry. The firm offers merchandise across many categories including furniture, lighting, textiles, bath, decor, children, and is growing the presence of its hospitality business (with 15 restaurant locations). RH innovates, curates, and integrates products, categories, services, and businesses across channels and brand extensions (RH Teen, RH Modern, and Waterworks, for example). RH is fully integrated across store, Web, and catalog channels, and is positioned to broaden its total addressable market over the next decade with its World of RH digital platform (highlighting offerings outside of home furnishings), along with future offerings in color, bespoke furniture, architeture, media, and more.

Executives

Edward T Lee	officer: SEE REMARKS	C/O RH, 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Keith Belling	director	C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Jack M Preston	officer: CHIEF FINANCIAL OFFICER	15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Eri Chaya	officer: See Remarks	1981 14TH AVE, SAN FRANCISCO CA 94116
Carlos Alberini	director	C/O LUCKY BRAND, LLC, 540 SOUTH SANTA FE AVE., LOS ANGELES CA 90013
Mark S Demilio	director	6950 COLUMBIA GATEWAY DR STE 400, COLUMBIA MD 21046
Hilary K Krane	director	ONE BOWERMAN DRIVE, BEAVERTON OR 97005
Stefan Duban	officer: SEE REMARKS	15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Gary G Friedman	director, 10 percent owner, officer: Chairman & CEO	C/O RESTORATION HARDWARE INC, 15 KOCH RD. SUITE J, CORTE MADERA CA 94925
Christina Hargarten	officer: See Remarks	15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
David Stanchak	officer: See Remarks	C/O RH, 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Demonty Price	officer: Please See Remarks	C/O RESTORATION HARDWARE HOLDINGS, INC., 15 KOCH ROAD, SUITE K, CORTE MADERA CA 94925
Kathleen C. Mitic	director	C/O EBAY INC., 2065 HAMILTON AVENUE, SAN JOSE CA 95125
Glenda M Citragno	officer: Chief Accounting Officer	15 KOCH ROAD, CORTE MADERA CA 94925
Ali Rowghani	director	101 SECOND STREET, SUITE 1400, SAN FRANCISCO CA 94105