Opal Luxury Time Products (NSE:OPAL) Intangible Assets: ₹0.00 Mil (As of Sep. 2019)

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What is Opal Luxury Time Products Intangible Assets?

Opal Luxury Time Products NSE:OPAL Intangible Assets is ₹0.00 Mil as of Sep. 2019.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Opal Luxury Time Products's intangible assets for the quarter that ended in Sep. 2019 was ₹0.00 Mil.

Opal Luxury Time Products  (NSE:OPAL) 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.

Opal Luxury Time Products Intangible Assets Related Terms

Opal Luxury Time Products Intangible Assets Historical Data

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The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Intangible Assets Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Intangible Assets
Get a 7-Day Free Trial 58.53 51.71 44.89 38.07 31.25

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Intangible Assets Get a 7-Day Free Trial Premium Member Only 44.89 38.07 31.25 0.00 0.00

Opal Luxury Time Products 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 ₹0.00 Mil mean?
Opal Luxury Time Products (NSE:OPAL) has a Intangible Assets of ₹0.00 Mil as of Sep. 2019. Intangible assets include patents, goodwill and trade secrets. View historical data on Opal Luxury Time Products and its competitors.
Is Opal Luxury Time Products' Intangible Assets too high?
Opal Luxury Time Products' current Intangible Assets is ₹0.00 Mil.
How does Opal Luxury Time Products' Intangible Assets compare to FBHS and WHR?
Opal Luxury Time Products' Intangible Assets of ₹0.00 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Intangible Assets depends on the Furnishings, Fixtures & Appliances 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 Opal Luxury Time Products and its competitors. Opal Luxury Time Products's current Intangible Assets is ₹0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Opal Luxury Time Products stock overvalued right now?
Opal Luxury Time Products (NSE:OPAL) has a current Intangible Assets of ₹0.00 Mil. The current Intangible Assets is ₹0.00 Mil. 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 Opal Luxury Time Products (NSE:OPAL), the current Intangible Assets is ₹0.00 Mil as of Sep. 2019. 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.

Opal Luxury Time Products Business Description

Address Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home decor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.