(c) the council is not satisfied that the brokerage's
current assets exceed its current liabilities at the end of any fiscal year.
A good Score (i.e., value of 1) is assigned if the current ratio exceeds two, or net
current assets exceed long - term debt, or 10 - year history of positive earnings, or 10 - year history of returning cash to shareholders or EPS are at least a third higher than they were 10 years ago.
* «Net Capital» means the amount by which
current assets exceed liabilities, less such other items as may be specified in any Guidance Note issued by the Exchange, and in determining Net Capital:
(c) the council is satisfied that at the end of each of those 3 fiscal years the brokerage's
current assets exceeded its current liabilities.
Not exact matches
The CFO said that Valeant would now consider any acquisition offer for its
assets that
exceeded their
current value «even by a little.»
Long - term debt should be less than 40 % of total capital, and the
current ratio (
current assets divided by
current liabilities) should
exceed 2.0.
Bitcoin hit US$ 19,870 during December, but some believe that the digital
asset will far
exceed even its
current value.
Hormel's balance sheet is one of the strongest in corporate America, with cash
exceeding debt, a very strong
current ratio (short - term
assets / short - term liabilities), and a high interest coverage ratio.
Yet, had you focused exclusively on net nets (Graham's famous approach whereby one only buys stock in companies where the sum of
current assets less all liabilities
exceeds the market value), you would have cashed in 29.4 % annually in the same period.
Net - net
asset value: Companies, where the sum of the
current assets (adjusted to reflect liquidation value)
exceed the sum of all its short and long term debt obligations with at least 30 %, can be characterized as net - nets if the sum of this calculation
exceeds the
current market value / trading price.
If your
current assets do not meat or
exceed your
current liabilities you need to make a quick change to your financial situation.
When tax rates are high, such as our
current environment where top marginal rates on regular income
exceed 50 per cent in more than half the country, individuals who own capital
assets are generally more reluctant to sell them as they require greater benefits to outweigh the capital gains tax burden they will incur when they sell.
The fund may loan portfolio securities to qualified broker - dealers or other institutional investors provided: (1) the loan is secured continuously by collateral consisting of U.S. government securities, letters of credit, cash or cash equivalents or other appropriate instruments maintained on a daily marked - to - market basis in an amount at least equal to the
current market value of the securities loaned; (2) the fund may at any time call the loan and obtain the return of the securities loaned; (3) the fund will receive any interest or dividends paid on the loaned securities; and (4) the aggregate market value of securities loaned will not at any time
exceed one - third of the total
assets of the fund, including collateral received from the loan (at market value computed at the time of the loan).
An umbrella policy provides extra liability protection for your
current assets and future income in the event that a large legal claim
exceeds your homeowners liability or auto liability coverage.
Since the IRS views life insurance as an
asset, if your total
assets exceed the
current year's estate tax exemption, they are subject to estate taxes.