Depreciation An accounting procedure that aims to distribute the cost
of tangible capital assets, less any expected salvage value, over the estimated useful life of the asset in a rational and systematic manner.
Not exact matches
The details
of the
capital requirements under Basel III are complicated, but generally speaking, deposit - taking institutions such as Canada's banks will have to maintain
tangible common equity, which includes things like cash, equal to 4.5 %
of their assets plus an additional buffer
of 2.5 %, for a total
of 7 %.
Subordinated debt offers business owners access to
capital they may be unable to obtain from a bank due to a lack
of tangible assets to offer as collateral.
An economy either is in trouble or has lost its sense
of balance when investors shy away from
tangible capital formation in favor
of buying postage stamps and similar collectibles.
Since the financial crisis, regulators have intensely focused on
capital and now require higher levels for all financial institutions; increasing our
capital and
capital distribution is a
tangible sign
of our financial strength.
Some Prefatory Remarks to the N.Y.U. Real Estate Institute discussion, Oct. 25, 2001 Economic theory focuses on labor and
capital, yet the largest category
of tangible assets is not industrial plant and machinery earning profits, but real estate, and its primary objective is to make
capital gains.
Its statistics would show how much
of the rise in wealth (and expenditure) in China — or any other nation — is a result
of new
tangible capital formation as compared to higher rents, lending and interest, or the stock market.
The effect will be to limit real estate lending to loans for the actual construction or purchase
of buildings and other
capital improvements, i.e., for
tangible capital formation.
So why should investors finance
tangible capital investment when they can ride the wave
of asset - price inflation?
With strict
capital controls and a state - controlled stock exchange that is volatile and risky, the tangible reassurance of evergreen property has made it a «fungible commodity,» in the words of Anne Stevenson - Yang, co-founder of Beijing - based equities analysis firm J Capital Re
capital controls and a state - controlled stock exchange that is volatile and risky, the
tangible reassurance
of evergreen property has made it a «fungible commodity,» in the words
of Anne Stevenson - Yang, co-founder
of Beijing - based equities analysis firm J
Capital Re
Capital Research.
Alternative investments cover a broad swath
of investing options, ranging from
tangible assets like art, antiques, wine, stamps, and coins to financial assets like private equity in businesses, derivatives, commodities, and venture
capital.
Heuristics
of having a high
tangible capital ratio would aid regulation.
Here, ROC is the ratio
of the pre-tax operating earnings (EBIT) to
tangible capital employed (Net working
capital + Net fixed
capital).
Or a business may have low FCF because it has low owner earnings in relation to
tangible capital employed and the business has to spend a lot
of money to replace obsolete plant and machinery.
The latter route, whether
of tangible products or web - based information products, contains the seeds
of potentially greater wealth, but
of course requires a lot
of upfront time, energy and often
capital in order to establish the infrastructure that will later deliver a sort
of «freedom.»
Insured commercial banks had high
capital levels at the time
of the crisis — 10 % (DM: but look at the
tangible capital ratios)
[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX
Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware
of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net
tangible assets.]
Outerwall has historically produced high returns on
capital, and it's a business that doesn't need much
tangible capital to produce huge amounts
of cash flow (an attractive business), but it has been run similar to companies that get purchased by private equity firms — leverage up the balance sheet, issue a dividend (or buyout some shareholders), thus keeping very little equity «at risk».
This
tangible cultural
capital will be an enormously positive asset for the social and economic recovery
of the region.
As Gary S. Becker once nicely alluded to: «such
tangible forms
of capital are not the only type
of capital -LRB-...) economists regard expenditures on education, training, medical care, and so on as investments in human
capital.
@Jai Reddy It's not as simple as saying «everything that lasts more than a year is a
capital improvement» especially after the release
of the final
tangible property regs.