Schmitt Industries Intangible Assets

Schmitt Industries posts a intangible assets of $130K as of May 2022. In the prior-year period, the figure was $0. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Schmitt Industries's intangible assets was $0. The latest reading is $130K (period ending May 2022). Use the history and growth charts on this page for a longer lookback.

Intangible Assets is one piece of Schmitt Industries's financial statement story. At $130K, 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 SMIT'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; Schmitt Industries's other metric pages and overview cover the third.

Judging Schmitt Industries against Industrials peers is usually better than using a market-wide rule of thumb. Business models inside Industrials are more comparable, which makes gaps in intangible assets easier to interpret. Start with $130K here, then scan peer and history charts to see if the gap is persistent.