Tongaat Hulett (JSE:TON) Intangible Assets: R280 Mil (As of Sep. 2021)

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JSE:TON Tongaat Hulett Ltd JSE:TON
11 GF Score
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What is Tongaat Hulett Intangible Assets?

Tongaat Hulett JSE:TON 11 Intangible Assets is R280 Mil as of Sep. 2021. GuruFocus rates JSE:TON with a GF Score™ of 11/100.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Tongaat Hulett's intangible assets for the quarter that ended in Sep. 2021 was R280 Mil.

Tongaat Hulett  (JSE:TON) 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.

Tongaat Hulett Intangible Assets Related Terms

Tongaat Hulett Intangible Assets Historical Data

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The historical data trend for Tongaat Hulett'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.

Tongaat Hulett Intangible Assets Chart

Tongaat Hulett Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 414.00 508.00 436.00 390.00 314.00

Tongaat Hulett Semi-Annual Data
Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21
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 405.00 390.00 340.00 314.00 280.00
JSE:TON
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Tongaat Hulett Ltd JSE:TON
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tongaat Hulett 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.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of R280 Mil mean?
Tongaat Hulett (JSE:TON) has a Intangible Assets of R280 Mil as of Sep. 2021. Intangible assets include patents, goodwill and trade secrets. View historical data on Tongaat Hulett and its competitors.
Is Tongaat Hulett's Intangible Assets too high?
Tongaat Hulett's current Intangible Assets is R280 Mil. Overall, Tongaat Hulett has a GF Score™ of 11/100, reflecting its overall financial health beyond just this single metric.
How does Tongaat Hulett's Intangible Assets compare to MDLZ and HSY?
Tongaat Hulett's Intangible Assets of R280 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Consumer Packaged Goods company?
A good Intangible Assets depends on the Consumer Packaged Goods industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Tongaat Hulett and its competitors. Tongaat Hulett's current Intangible Assets is R280 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tongaat Hulett stock overvalued right now?
Tongaat Hulett (JSE:TON) has a current Intangible Assets of R280 Mil. The current Intangible Assets is R280 Mil. Tongaat Hulett's overall GF Score™ is 11/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Tongaat Hulett (JSE:TON), the current Intangible Assets is R280 Mil as of Sep. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Tongaat Hulett Business Description

Address Amanzimnyama Hill Road, P O Box 3, Tongaat, NL, ZAF, 4400
Tongaat Hulett Ltd produces sugar and glucose in Africa. It procures its raw materials both from land it owns and from private farmers. Tongaat sells its products to customers in the foodservice industry and to consumers as branded products. Raw sugar sales make up most of the company's revenue. Its biggest markets are South Africa, Zimbabwe, and Mozambique. The company also earns revenue by converting and developing land that it owns and has used for agricultural purposes. Additionally, the by-products from its manufacturing processes create renewable energy, which the company uses to supply electricity to the grid in some instances.
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Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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