It is one of the biggest and most
common tangible assets in the world.
Not exact matches
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.
The details of the capital requirements under Basel III are complicated, but generally speaking, deposit - taking institutions such as Canada's banks will have to maintain
tangible common equity, which includes things like cash, equal to 4.5 % of their
assets plus an additional buffer of 2.5 %, for a total of 7 %.
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.
1) We're highly evolved primates 2) We have overactive imaginations 3) Our greatest evolutionary
asset, our large and highly-folded brains, are also responsible for an insatiable curiosity 4) As a species, and a survival tactic, we make things up to comfort ourselves in difficult times 5) As a complex societal species, we create commonalities and «traditions» with others in our clan / tribe / community 6) These «traditions» result in security, trust, and strong relationships that make the collective more able to survive than the individual 7) These
common beliefs also act as a means of numbing the brain to questions and concerns without legitimate or
tangible answers 8) Religion is simply a survival mechanism 9) When we die, we simple «are not alive» anymore.
The price to
tangible book value ratio to some degree overcomes this issue and more closely represents what
common shareholders can expect to receive if the firm goes bankrupt and all of its
assets are liquidated at their book values.