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KushCo Holdings (KushCo Holdings) Intangible Assets : $52.9 Mil (As of May. 2021)


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What is KushCo Holdings Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. KushCo Holdings's intangible assets for the quarter that ended in May. 2021 was $52.9 Mil.


KushCo Holdings Intangible Assets Historical Data

The historical data trend for KushCo Holdings'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.

KushCo Holdings Intangible Assets Chart

KushCo Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20
Intangible Assets
Get a 7-Day Free Trial 2.38 36.72 56.76 55.37 53.27

KushCo Holdings Quarterly Data
Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21
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 54.66 53.27 53.14 53.01 52.90

KushCo Holdings 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.


KushCo Holdings  (OTCPK:KSHB) 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.


KushCo Holdings Intangible Assets Related Terms

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KushCo Holdings (KushCo Holdings) Business Description

Traded in Other Exchanges
N/A
Address
6261 Katella Avenue, Suite 250, Cypress, CA, USA, 90630
KushCo Holdings Inc is engaged in marketing and selling of customized packaging products, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions to customers operating in the regulated medical and recreational cannabis industries. The firm's packaging products consist of bottles, bags, tubes, and containers. Its subsidiaries and brands provide product quality, customer service, compliance knowledge and a local presence in serving its diverse customer base. The firm has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.
Executives
Stephen Christoffersen officer: Chief Financial Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
Peter A. Kadens director C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVE STE 250, CYPRESS CA 90630
Nicholas Kovacevich director, officer: Chairman and CEO 2618 SAN MIGUEL DRIVE, #480, NEWPORT BEACH CA 92660
Oliveira Rodrigo De officer: Chief Operating Officer C/O KUSHCO HOLDINGS, INC., 11958 MONARCH STREET, GARDEN GROVE CA 92841
Donald H Hunter director C/O HARBOR GLOBAL CO LTD, ONE FANEUIL HALL MARKET PLACE, BOSTON MA 02109
Barbara Goodstein director 23 MAIN STREET, HOLMDEL NJ 07733
Dallas Imbimbo director 1800 NEWPORT CIRCLE, SANTA ANA CA 92705
Eric Baum director 866 BERKSHIRE DRIVE, WESTBURY NY 11590
Christopher Tedford officer: Chief Financial Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jason Vegotsky officer: Chief Revenue Officer C/O KUSHCO HOLDINGS, INC. 11958 MONARCH STREET GARDEN GROVE CA 92841
Jim Mccormick officer: CFO and COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Ben Wu other: Consultant, Former COO 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Chris Martin other: None 1800 NEWPORT CIRCLE SANTA ANA CA 92705
Greg Gamet other: None 3539 GAYLORD STREET DENVER CO 80205
Jeffrey Meng 10 percent owner 17595 HARVARD STREET C552 IRVINE CA 92614

KushCo Holdings (KushCo Holdings) Headlines

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