Sentences with phrase «book value of an asset»

Based on government valuations, companies deciding to renew their concessions under MP 579, such as Eletrobras, would be forced to receive indemnity payments as much as 50 % less than the book value of their assets.
The first is that the current book value of the assets on the balance sheet understates their current value and the second is the potential for the company to expand its current operations and to roll - up wineries to boost case sales, leverage costs and produce free cash flow.
Asset write - downs are reductions in the book value of an asset that occur when the fair value of an asset has declined below its carrying value.
While the book value of an asset may stay the same over time by accounting measurements, the book value of a company collectively can grow from the accumulation of earnings, generated through asset use.
This number is defined as the difference between the book value of assets and the book value of liabilities.
Inflation alone may well ensure that book value of assets is less than the current market value.
For starters, the book value of an asset reflects its original cost, which doesn't really help when assets are aging.
This puts EV ($ 350m including tax liability) much closer to stated book value of assets of $ 375m.
This is because book values of assets (and hence equity) are usually lower than their market value (e.g. due to historical cost convention and impairment losses) whereas the book value of debt remains relatively close to its market value (e.g. interest on bank loan is usually adjusted periodically in line with prevailing market interest rates).
If that happens to a high degree, it will worsen the gap between the market value and book value of assets, which will be covered by the wrappers in the short run, but will reduce the fund's yield as they pay the wrappers back.
In your question and link about a Capital Cost Allowance, you are looking at the book value of an asset.
There is almost always a difference between the book value of the assets, expressed by the NAV, and the market value.
A «growth» company is not defined as one whose returns are expected to grow strongly: instead, it's a company whose stock price is already inflated relative to its earnings or the book value of its assets.

Not exact matches

In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.
Tangible book value per share is adjusted book value per share excluding the after - tax value of goodwill and other intangible assets divided by the number of common shares outstanding.
Starting in December 2001, the accounting changed so that goodwill stays on the books for the original amount unless the fair value of the acquired assets is judged to be «impaired.»
According to the International Business Brokers Association, a company's value is determined by a compilation of factors such as sales, earnings, performance, market outlook, personnel, net book value, and the fair market replacement value of equivalent operating assets.
Although not a real - estate book, it taught me the value of owning assets that produce income, which led me to real estate.
For the Patriot Group, an asset - based approach that used book - value numbers yielded a «say» value of about $ 973,000.
whose net personal assets exceed in value the minimum amount of S$ 2 million (or its equivalent in a foreign currency) or such other amount as the Exchange and the Book Depository may prescribe in place of the first amount; or
Companies ripe for takeovers often have some of the following traits: • a small capitalization; • a market price less than book value; • a «weak» management team; • ownership of undervalued assets or important patents.
Indeed, the book values of the S&P 500 and Dow Industrials have declined over the past year, as assets continue to be written down.
Accounting book value is meant to measure the potential assets available to investors in the event of liquidation, and that's simply not a very useful measurement for most equity investors.
For example, UniCredit sold its bad loan unit UCCMB — with a gross book value of $ 2.4 billion — to a consortium led by US asset management group Fortress for about $ 500 million.
Valuation: Price - to - book ratio compares a stock's market value to the value of total assets less total liabilities (book value).
The initial public offering price is substantially higher than the pro forma net tangible book value per share of our common stock immediately following this offering based on the total value of our tangible assets less our total liabilities.
Price - to - book (P / B) ratio is another popular tool for measuring the price of a stock or index against its per - share book value (total assets minus intangible assets and liabilities).
In the September 2012 draft of his book chapter entitled ««Real» Assets», Andrew Ang examines the behaviors of the following assets commonly thought to hold their value during times of high inflation («real» assets): inflation - linked bonds, commodities, real estate and U.S. Treasury bills (T - Assets», Andrew Ang examines the behaviors of the following assets commonly thought to hold their value during times of high inflation («real» assets): inflation - linked bonds, commodities, real estate and U.S. Treasury bills (T - assets commonly thought to hold their value during times of high inflation («real» assets): inflation - linked bonds, commodities, real estate and U.S. Treasury bills (T - assets): inflation - linked bonds, commodities, real estate and U.S. Treasury bills (T - bill).
You can use it to compare the value of assets (Unit of Account) and keep your books in it.
For goodwill its more murky... Goodwill is a form of intangible assets that occur when a company acquires another and pays above book value for the company.
CYS Investments (CYS) had an eventful week, first announcing Q1 EPS of $ 0.24, surpassing estimates of $ 0.22, mainly driven by higher asset yields, while book value fell -11.6 % to $ 7.41 (0.87 x P / B).
This focus on an asset's earnings power and, in particular, the ability of assets to earn returns in excess of desired returns is the essence of my intrinsic valuation, which is based on Steven Penman's residual income model.1 The basic idea is that if a company is not earning a return in excess of our desired return, that company, like the bank account example above, deserves no premium to book value.
Trading near tangible book value, Goldman offers an attractive price for a business that earns a significant amount of revenue from high return asset management and underwriting and advisory services.
This ratio can be slightly misleading because Assets are carried at book value rather than market value which might scew this ratio depending on the age of the Assets.
Trading at over 2x book value, the shares of the $ 440 billion total asset USB are up 2x the S&P 500 over the past year.
The book could benefit from additional real - world examples illustrating the procedures being described, (perhaps using the same dog grooming brush business referred to a couple of times) to help the reader to understand how to judge the value of particular assets and approaches and to see the tactics in use.
Suffice to say that 1x book value for BAC is about right given the bank's asset and equity returns, and the state of the credit markets.
BAWAG is privately held and is the fourth largest bank in Austria with total assets of nearly $ 35 billion and book value of approximately $ 2.4 billion.
A balance sheet is a comparison of your assets and your liabilities, the difference is your net worth (or, for a business, the equity or book value).
It may be pertinent to mention that the book value of the power plant which is currently estimated at USD 325 million after five (5) years, with a life cycle of around 15 -20 years, will be handed over to the Government as a debt free asset which can be used to leverage and raise financing as a collateral or else the Government may choose to sell the operating asset to any investor who may not like to take any development risk, hence the plant being operational and in its best conditions.
This book will teach you how to take control of your career by focusing on three ideas: your assets, your aspirations and values, and market realities.
The book's most important asset is the author's genuine concern with the values that ought to help structure the role and the function of universities in a society where the influence of private markets and their associated materialistic values is ever more pervasive.
Their editors actually read a book and edit it before it is published and they do treat their authors as partners and valued members of the team, not as an asset or chattel like some publishers do.)
The project shares many of the values we uphold in the tolino partnership: We strongly believe in the vision of books as cultural assets rather than simple consumer goods and stand against those trying to establish a monopoly via proprietary standards and closed - system vendor lock - in.
It allows you to determine the book value of a capital asset by subtracting the total accumulated depreciation from the asset's purchase price.
While price to book gives us a sense of whether the stock is trading cheaply based on their assets, price to earnings gives a sense of value based on the stock's earnings.
First Asset Global Value Class ETF (TSX: FGU) The First Asset Global Value Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow raValue Class ETF (TSX: FGU) The First Asset Global Value Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow raValue Class ETF's investment objective is to seek to provide shareholders with long term capital appreciation, through investing the ETF's portfolio to gain exposure to equity securities of companies primarily from developed markets that exhibit strong «value» characteristics like low price - to - book ratios and low price - to - cash flow ravalue» characteristics like low price - to - book ratios and low price - to - cash flow ratios.
Company's book of net assets over net liabilities is calculated and then the net capital value is calculated.
Price / book (or P / B) ratio is calculated by dividing the market price of a company's outstanding stock by its book value (total assets of a company less liabilities) and then adjusting for the number of shares outstanding.
The company's balance sheet has, however, retained some value (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidatvalue (the «Book Value» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidatValue» column shows the assets as they are carried in the financial statements, and the «Liquidating Value» column shows our estimate of the value of the assets in a liquidatValue» column shows our estimate of the value of the assets in a liquidatvalue of the assets in a liquidation):
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