I recently bought into a European company that trades at about 1/3 of
its hard asset liquidation value.
Not exact matches
In some cases, you can get that comfort from
liquidation value or
hard assets minus liabilities.
Estate taxes are based upon the total current
asset value, so 2nd to Die Life Insurance can protect family estates such as real estate, property, family farms and other
hard assets from
liquidation.
The company's
hard asset value (which excludes the PDL biotechnology business intellectual property) rests mainly on its holding of cash and equivalents contributed by PDL (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
liquidation):
Estate taxes are based upon the total current
asset value, so 2nd to Die Life Insurance can protect family estates such as real estate, property, family farms and other
hard assets from
liquidation.
There might be another drawback to acquiring Ramco's portfolio, however, as so many of its
assets are based in areas
hard hit by the recession and feature large concentrations of big - box tenants, a sector most affected by the recent spate of retailer bankruptcies and
liquidations, adds Magerman.