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Beazer Homes USA (Beazer Homes USA) Intangible Assets : $11 Mil (As of Dec. 2023)


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What is Beazer Homes USA Intangible Assets?

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Beazer Homes USA's intangible assets for the quarter that ended in Dec. 2023 was $11 Mil.


Beazer Homes USA Intangible Assets Historical Data

The historical data trend for Beazer Homes USA'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.

Beazer Homes USA Intangible Assets Chart

Beazer Homes USA Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.38 11.38 11.38 11.38 11.38

Beazer Homes USA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 11.38 11.38 11.38 11.38 11.38

Beazer Homes USA 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.


Beazer Homes USA  (NYSE:BZH) 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.


Beazer Homes USA Intangible Assets Related Terms

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Beazer Homes USA (Beazer Homes USA) Business Description

Traded in Other Exchanges
Address
2002 Summit Boulevard NE, 15th Floor, Atlanta, GA, USA, 30319
Beazer Homes USA Inc is an construction company that focuses on residential construction. The company specializes in single-family housing and multi-unit building construction in over 13 states and over 22 metro markets. Beazer Homes builds homes and communities that target first-time, move-up, and luxury homebuyers with an average selling price of roughly $300,000. From a geographic perspective, home sales in the western and eastern United States have been the leading sources of revenue for the company. Key metro areas include Atlanta, Las Vegas, Los Angeles, Orlando, and Tampa. The company also focuses on land purchasing and development to support future construction efforts as well as mortgage services for its homebuyers.
Executives
Lloyd Emerson Johnson director 16737 NEW PROVIDENCE LANE, CHARLOTTE NC 28277
Robert L. Salomon officer: EVP, Chief Financial Officer 5535 LEXINGTON WOODS LANE, ALPHARETTA GA 30005
Pei Sun officer: VP & Chief Accounting Officer 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
C Christian Winkle director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
David I Goldberg officer: SVP, Chief Financial Officer 1000 ABERNATHY ROAD, NE, SUITE 260, ATLANTA GA 30328
Zelnak Stephen P Jr director MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David J Spitz director C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Allan P Merrill director, officer: President and CEO BEAZER HOMES, 1000 ABERNATHY RD, SUITE 1200, ATLANTA GA 30328
Danny R Shepherd director VULCAN MATERIALS COMPANY, 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Belknap Keith L Jr officer: EVP, General Counsel 3585 ENGINEERING DRIVE, SUITE 100, NORCROSS GA 30092
Larry T Solari director
Brian C Beazer director C/O NUMEREX, 1600 PARKWOOD CIRCLE #200, ATLANTA GA 30339-2119
Peter M Orser director 1000 ABERNATHY ROAD, SUITE 260, ATLANTA GA 30328
Elizabeth S Acton director 5408 WALDENHILL COURT, SUPERIOR TOWNSHIP MI 48198
Laurent Alpert director