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It also said it was reviewing its entire asset base: In light of the current oil price environment, Soco's board is in the process of reviewing the company's overall portfolio of assets and carrying values.
We believe that investors should really focus upon the longer term, however, on the potential to achieve industry standard margins some 100 basis points above current achieved levels at 8.0% plus, with an over capitalised asset base.
That depresses current operating results, but the trees keep growing, enhancing the asset base and thus the long-term return.
Friedman has "markedly improved the overall quality of its asset base, and investors should recognize that the company's current portfolio bears little resemblance to that of its older," lower quality portfolio, Green Street writes.
It closed to new investors in June 1997, when assets hit $25 million, because a larger asset base would make it difficult for Mr. Montgomery to trade such small companies; it is scheduled to close to current shareholders at $55 million.
They have a "regulatory asset base".
Reason: a superior asset base.
What's your current asset allocation?
Typically, inventory is a current asset.
Its $99 million asset base remains modest.
In particular, we find that the propensity to invest in intangible assets increases with the firm's size, human capital, and historical intangible asset base.
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