Sentences with phrase «historical cost of shares»

Not exact matches

The historical cost accounting principle, which tends to understate certain asset values, and the supply and demand forces of the marketplace generally push stock prices above book value per share valuations.

On emergence, the company had a book value of about $ 38 / share (remember this represents «fresh start accounting value», an estimate of true asset value at the time of exit from bankruptcy, not a historical cost number) and about $ 0.9 billion in long - term debt vs. pre-petition debt of $ 4.8 billion