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XPEL (XPEL) Intangible Assets : $76.9 Mil (As of Sep. 2024)


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What is XPEL Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. XPEL's intangible assets for the quarter that ended in Sep. 2024 was $76.9 Mil.


XPEL Intangible Assets Historical Data

The historical data trend for XPEL'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.

XPEL Intangible Assets Chart

XPEL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.23 9.90 58.39 56.06 72.37

XPEL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 58.06 72.37 71.60 76.34 76.95

XPEL 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.


XPEL  (NAS:XPEL) 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.


XPEL Intangible Assets Related Terms

Thank you for viewing the detailed overview of XPEL's Intangible Assets provided by GuruFocus.com. Please click on the following links to see related term pages.


XPEL Business Description

Traded in Other Exchanges
N/A
Address
711 Broadway, Suite 320, San Antonio, TX, USA, 78215
XPEL Inc is a provider of protective films and coatings, including automotive paint protection film, surface protection film, automotive and commercial/residential window films, and ceramic coatings. The company has a network of trained installers and proprietary DAP software, dedicated to exceeding customer expectations by providing quality products, customer service, technical support, and world-class training. The majority of revenue is derived from the United states.
Executives
Ryan Pape director, officer: President and CEO 618 W SUNSET ROAD, SAN ANTONIO TX 78216
Barry Wood officer: Senior Vice President/CFO 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Mike Klonne director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
John F North director 150 N. BARTLETT STREET, MEDFORD OR 97501
Mathieu Moreau officer: Senior VP, Sales and Product 10 INWOOD CANYON DRIVE, SAN ANTONIO TX 78248
Richard K. Crumly director, 10 percent owner P.O. BOX 460633, SAN ANTONIO TX 78246-0633
Mark Adams director, 10 percent owner 12130 HIGHWAY 3, BUILDING 1, WEBSTER TX 77598
Babatunde Awodiran officer: SVP, Gen. Counsel, & Secretary 711 BROADWAY ST., SUITE 320, SAN ANTONIO TX 78215
Stacy L Bogart director 13200 PIONEER TRAIL, EDEN PRAIRIE MN 55347
John Constantine director 618 W. SUNSET ROAD, SAN ANTONIO TX 78216
Brooks Meltzer officer: VP, General Counsel, Secretary 13 CAMDEN OAKS, SAN ANTONIO TX 78248