Exact(1)
By minimizing, or marking down, the value of the tangible assets and maximizing, or marking up, good will, Tyco can inflate its earnings, said James Chanos, president of Kynikos Associates, a hedge fund that has shorted Tyco's stock.
Similar(59)
The charge partly covers the difference between the merger's financial value and the assessed value of the companies' tangible assets, like cable lines and Internet servers.
Remember, your tax deduction for a charitable contribution has to be reduced by the value of any tangible benefit you receive from the charity for example, the cost of a meal at a fundraising dinner.
Its shares are priced at 0.6 times the value of its tangible net assets, half the level of American titans such as JPMorgan Chase and Goldman Sachs, to which it considers itself a potential rival (see chart 1).
Buyers need to be trained to value both the tangible and intangible qualities of different inventory.
UBS's shares now even trade at just above the value of its tangible equity.
In the go-go years such "prop trading" made profits fizz: Deutsche's shares traded at twice the value of its tangible net assets.An outsized FICC business now seems like a liability, however.
Price-to-Book Value: It compares a company's market price with the value of its tangible assets.
By calculating the value of less tangible factors such as clean air, clean water and natural flood defences, it hopes to rebalance the equation.
At more than $2 million, the bill is now greater than the tangible value of the estate, according to an accounting filed last year by Mr. McMillan.
He says that first meeting he had pitching one of the partners was at a mall, where Agratchev could show the tangible value of the software he had developed.
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