Sentences with phrase «net tangible assets»

Net tangible assets refer to a company's physical assets less its liabilities.

I believe that once we identify a wonderful business (simple, leadershiip position in a stable industry, demonstrable growth runway, high returns on capital, operating leverage, unusually high returns on net tangible assets (secret sauce), abundant FCF, conservative balance sheet, and a shareholder friendly management with a good capital allocation track record), we need to hold on to it, CHD is a perfect example.

Gold - Oil Co., by contrast, has $ 18 million in net tangible assets supporting its operations.

«An offshore player would have to pay around three times net tangible assets to acquire and back itself to pull out some significant costs to make the deal work.

At the end of 2014 the Trust's reported Net Tangible Assets (NTA) was $ 0.54.

Importantly, the company has net tangible assets of $ 63m and $ 20m worth of franking credits.

For example, in cases where the Security and Exchange Commission suspended trading in microcap stocks, the average company had only six million dollars in net tangible assets.

They include: «durable competitive strengths; able and high - grade management; good returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive returns; and, finally, a sensible purchase price.

In June 2015, gross debt stood at $ 400m (net debt was $ 320m), while the business had less than $ 700m in net tangible assets.

Most notably, RNY Property Trust's (RNY) net tangible assets (NTA) deteriorated over the year as its manager, New York based RXR Realty, announced it was liquidating the Trust's portfolio of office buildings (see below).

Trading in the units so far has been orderly and mostly at a small premium to net tangible assets.

Large cattle station owners such as the Macquarie Group's Paraway Pastoral and the Australian Agricultural Company had the values of their properties drop but they have rebounded and now shares in AACo are trading at a premium to the company's net tangible assets.

My guess is the scar from the depression was too great for him to overcome, and he could never get comfortable in making investments in good operating businesses where the price exceeded the net tangible asset value.

One side effect of a «close - end» structure is that the LIC share price can depart from the value of the underlying assets (usually other equities), so the share price can trade at a premium or discount to its Net Tangible Assets.

Bought at less than Net Tangible Assets I would still find it an attractive consideration.

The balance sheet explicitly says: Net tangible Assets (i.e. surplus of...

Net Tangible Assets.

around 50 % required additional detailed assessment to determine whether they adequately complied with their net tangible assets requirements, and

LICs and LITs usually trade at either a discount or premium to their net tangible asset backing.

Importantly, the company has net tangible assets of $ 63m and $ 20m worth of franking credits.

Listed funds must comply with ASX Listing Rules, and must disclose information on their net tangible asset backing along with any pertinent information relating to the entity in a timely manner.

This performance is reflected in Argo's current market capitalisation, which trades at a 34 % discount to the company's net cash and investments (and a 45 % discount to net tangible assets), while clearly there is no public market recognition of the underlying value of the asset management business.

Here's how a scheme's net tangible assets (NTA) is calculated.

The rest of the time I want to own a basket of above average stocks at below average prices, and also a small basket of cheap stocks relative to net tangible assets.

(Basically the value of its net tangible assets.)