SSUNF (SIGNA Sports United NV) Intangible Assets: $722 Mil (As of Mar. 2023)

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What is SIGNA Sports United NV Intangible Assets?

SIGNA Sports United NV SSUNF -99.00% Intangible Assets is $722 Mil as of Mar. 2023.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. SIGNA Sports United NV's intangible assets for the quarter that ended in Mar. 2023 was $722 Mil.

SIGNA Sports United NV  (OTCPK:SSUNF) 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.

SIGNA Sports United NV Intangible Assets Related Terms

SIGNA Sports United NV Intangible Assets Historical Data

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The historical data trend for SIGNA Sports United NV'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.

SIGNA Sports United NV Intangible Assets Chart

SIGNA Sports United NV Annual Data
Trend Sep19 Sep20 Sep21 Sep22
Intangible Assets
345.04 369.49 384.47 670.59

SIGNA Sports United NV Semi-Annual Data
Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Intangible Assets Get a 7-Day Free Trial 368.45 384.47 1,029.96 670.59 722.16

SIGNA Sports United NV 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 $722 Mil mean?
SIGNA Sports United NV (SSUNF) has a Intangible Assets of $722 Mil as of Mar. 2023. Intangible assets include patents, goodwill and trade secrets. View historical data on SIGNA Sports United NV and its competitors.
Is SIGNA Sports United NV's Intangible Assets too high?
SIGNA Sports United NV's current Intangible Assets is $722 Mil.
How does SIGNA Sports United NV's Intangible Assets compare to POL and GHST?
SIGNA Sports United NV's Intangible Assets of $722 Mil can be compared against companies in the Retail - Cyclical 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 Retail - Cyclical company?
A good Intangible Assets depends on the Retail - Cyclical 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 SIGNA Sports United NV and its competitors. SIGNA Sports United NV's current Intangible Assets is $722 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SIGNA Sports United NV stock overvalued right now?
SIGNA Sports United NV (SSUNF) has a current Intangible Assets of $722 Mil. The current Intangible Assets is $722 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 SIGNA Sports United NV (SSUNF), the current Intangible Assets is $722 Mil as of Mar. 2023. 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.

SIGNA Sports United NV Business Description

Address Kantstrasse 164, Upper West, Berlin, DEU, 10623
SIGNA Sports United NV is a group of specialist sports webshops powered by its sports commerce and technology platform. The company's segment includes Tennis; Bike and Outdoor and Teamsport. It generates maximum revenue from the Bike and Outdoor segment. Geographically, it derives a majority of revenue from Germany.