Michaels Companies Intangible Assets

Michaels Companies posts a intangible assets of $57M as of January 2021. That compares with $66M in the prior-year period — down 14.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Michaels Companies's intangible assets was $66M. The latest reading is $57M — a 14.0% year-over-year decrease (period ending January 2021). Use the history and growth charts on this page for a longer lookback.

Intangible Assets is one piece of Michaels Companies's financial statement story. At $57M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for MIK's intangible assets usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Michaels Companies's other metric pages and overview cover the third.

Judging Michaels Companies against Consumer Discretionary peers is usually better than using a market-wide rule of thumb. Business models inside Consumer Discretionary are more comparable, which makes gaps in intangible assets easier to interpret. Start with $57M here, then scan peer and history charts to see if the gap is persistent.