Not exact matches
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a
liquidation,
total at least $ 2 million, a significant amount of the Company's entire market
value at the time of adoption.
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a
liquidation,
total at least $ 3 million, an incredible 16.5 % of the Company's entire market
value at the time of adoption.
Our analysis indicates that these payouts, which we believe would be triggered by most «change in control» scenarios, including a
liquidation,
total at least $ 3 million, an incredible 20 % of the Company's entire market
value.
On the other hand under a
liquidation scenario wouldn't you take current assets + rig
value less
total liabilities.
Estate taxes are based upon the
total current asset
value, so 2nd to Die Life Insurance can protect family estates such as real estate, property, family farms and other hard assets from
liquidation.
In «Security Analysis» Graham describes how current assets available for shareholders, i.e. current assets -
total liabilities, can be used as an approximation for
liquidation value.
Deducting
Total Liabilities of $ 16.4 M or $ 2.68 per share leaves a
value in
liquidation of around $ 2.45 per share.
-LSB-...] on the March 31 financials we get NCAV, which is likely a good proxy for
liquidation value, of $ 33.2 m (27.7 m cash +12.5 m receivables -
total liabilities of 7m.
Because the converts are trading at a premium to face
value (because if converted they are more valuable than their
liquidation value) but are accounted for only at
liquidation value in the NAV calculation, the conversion will result in dilution of the
total asset
value and thus the NAV per share.
Let's simplify the
liquidation & assume
total PPE of 15.4 M can be sold off (for book
value) & used to retire net debt of 7.8 M — that's a realized NAV of 7.6 M.
About four - in - ten college - educated student debtors possess
total debts exceeding the
value of their assets, hence asset
liquidation will not entirely meet their outstanding debts in the event of job losses and other unforeseen economic shocks.
Final
total equals: $ 1.84 per share
liquidation value for VXGN
Estate taxes are based upon the
total current asset
value, so 2nd to Die Life Insurance can protect family estates such as real estate, property, family farms and other hard assets from
liquidation.