And because banks have no physical plant beyond their branches, their value rests in their staff, who might wander off.
Earlier this month Vodafone was also mooted as a potential suitor and industry experts say the service's value rests in its relationships with content providers.
The idea that the main function of companies is to boost shareholder value rests on a misunderstanding of the nature of the firm, he says.
Tami Zhu, General Manager of Rokid, explained in a conversation that much of the company's seemingly high value rests in its large intellectual property portfolio.
Mark-to-market accounting means a company's value rests upon last-trade prices rather than the value that it stands to create over the coming years.
But, since so much market value rests on the soundness of these estimates, the wise investor will want to know how good the estimates are.
The first: DFA's reliance on book value rests on an accounting contrivance that means less in the 21st century, when valuable assets, like software, don't show up on the balance sheet.
They learn to be ready for the male gaze at all times and that their value rests in their ability to be sexually attractive.
Its value rested entirely with convenience: bowl cuts require very little grooming or upkeep, and they're easily maintained even when sticky substances and chewing gum create complex tangles.
If capacity mapping is an important first step in strengthening the public health system by identifying priorities for building capacity, then its value rests with local organizations understanding the context for its adoption and application.
These findings, from a survey of 5,200 schoolchildren by Berlin's Free University, dismayed those who think national identity and democratic values rest on shared judgments about the traumatic past.The ignorance is unevenly spread.
