With our purchase we received $ 6.7 million
of tangible net worth that, by the nature of the insurance business, we were able to deploy in marketable securities.
Not exact matches
Importantly, the company has
net tangible assets
of $ 63m and $ 20m
worth of franking credits.
Importantly, the company has
net tangible assets
of $ 63m and $ 20m
worth of franking credits.
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.
The U.S. Trust 2015 Insights on Wealth and
Worth study found that eight in 10 high net worth investors under the age of 50 either own or have an interest in adding tangible assets to their portf
Worth study found that eight in 10 high
net worth investors under the age of 50 either own or have an interest in adding tangible assets to their portf
worth investors under the age
of 50 either own or have an interest in adding
tangible assets to their portfolio.
Well, you could look at the change in
tangible net worth due to common shareholders, and add back dividends, including the value
of spinoffs, and
net money spent on buybacks.
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.
Alternate standards include a $ 15 million cap in a borrower's
tangible net worth and after - tax
net income
of less than $ 5 million for the past two years.