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To find the net tangible book value, add the cash on hand ($3,604,000) to the inventory ($13,923,000).
Here's the calculation: To find the net tangible book value, add the cash on hand ($3,604,000) to the inventory ($13,923,000).
Value added tax 18.
Economic value added or EVA.
Where is the value added?
Book value is about $18.50.
Book value: 2.5 cents a share.
Book Value diminished from $22.71 to $5.61 currently.
"I have lots of old-fashioned values, such as 'buy-and-hold investing means more than six months,' and 'dividends and book value matter,' " Mr. Gerber said, adding, "I'm sorry I couldn't attend Ben Graham's classes at Columbia".
These add up to a small portion of total book value, but if they were to lose value precipitously that could certainly affect Moazami's projections.
Add the net tangible book value ($3,793,000) to the blue sky value ($2,784,600), and Drive You Mad is worth in the neighborhood of $6.6 million.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com