Sentences with phrase «negative tangible net worth»
Further, and in any event, the Malone guarantee was worthless when Highland Bank extended credit, because Highland Bank's own credit assessment showed that Malone and Player had a substantial negative tangible net worth and contingent liabilities of over $ 38 million.
https://blaneysfidelityblog.com/
As I looked at replacement candidates for my portfolio, I ran across many companies with negative tangible net worth.
Not exact matches
That leaves a tangible net worth of negative $ 2.63 B. Given that they are paying $ 23.4 B or so for Heinz, that means Intangibles & other noncurrent assets will be $ 26.1 B.