BNET Business Dictionary
Business Definition for: Tangible Assets
- assets that are physical, such as buildings, cash and stock. Leases and securities, although not physical in themselves, are classed as tangible assets because the underlying assets are physical.
Additional Resources
- Telenetics Improves Its Net Tangible Assets in Advance of the Upcoming Nasdaq Listing Qualifications Panel Hearing
- Business Editors LAKE FOREST, Calif.--BUSINESS WIRE--July 31, 2001 Telenetics Corp., (Nasdaq:TLNT), a wired and wireless data transmission and network access products provider, today announced that as a result of second quarter performance, the company is now substantially closer to complying with the $2 million minimum net tangible assets...
- Research articles 2001-07-31
- Leap Wireless International received notification from the Nasdaq stock market that it is not in compliance with the exchange's requirements for net tangible assets and stockholder's equity and is subject to delisting on Oct 11. (Packets).(Brief Article)
- Leap Wireless International received notification from the Nasdaq stock market that it is not in compliance with the exchange's requirements for net tangible assets and stockholder's equity and is subject to delisting on Oct 11. The company said it intends to appeal the delisting.
- Research articles 2002-10-07
- PSA Inc. Announces That Its Net Tangible Assets Qualify Its Stock to Be a Non-Designated Security
- LOS ANGELES--BUSINESS WIRE--July 17, 1998--PSA Inc. of Los Angeles Thursday announced its auditors have reported to the company that, as of March 31, 1998, its net tangible assets exceeded the Securities and Exchange Commission requirements to qualify as a non-designated security. The company will apply for...
- Research articles 1998-07-17
- Nextera Enterprises Converts $21 Million of Subordinated Debt Into Preferred Stock; Satisfies Net Tangible Assets for NASDAQ National Market Listing
- Business Editors LEXINGTON, Mass.--BUSINESS WIRE--December 15, 2000 Nextera Enterprises, Inc. (Nasdaq: NXRA), today announced that Knowledge Universe has converted $21.0 million of subordinated debt into a new series of Nextera preferred stock. The transaction was approved by Nextera's Board of Directors following the recommendation of an independent committee...
- Research articles 2000-12-15
- Is Buffett Correct in Dismissing Tangible Common Equity?
- Arnold Landy submits: In the upcoming issue of Fortune, Warren Buffett criticizes the Treasury's (and some investors') recent emphasis on banks' tangible common equity [TCE] to assets ratio as a criterion for judging their financial stability. He does so in response to interviewer Adam Lashinsky's question about Wells...
- External links 2009-04-26
- TeliaSonera Has Reviewed the Useful Lives of Assets
- STOCKHOLM, Sweden -- TeliaSonera TLSN(STO:TLSN)(HEX:TLS1V) has performed a group-wide review of useful lives of intangible and tangible assets, taking into account historical experience and expected future development in relation to technology changes, market conditions and regulatory environment. As a result, useful lives for a number of classes of intangible and...
- Research articles 2006-03-16
- Bank of America: Overstating Assets by 85%?
- We all have general idea of what the bank stress tests are trying to address. The topic of discussion is whether the banks need additional capital, and by additional capital, they mean tangible common equity (TCE). There is no consensus on what a bank's appropriate TCE ratio (TCE/Tangible Assets) should...
- External links 2009-05-08
- Business Performance And Intellectual Assets: Background And Issues
- As innovation increasingly drives economic growth, investments in knowledge become the foundation of sustainable knowledge-based economies across the OECD. Intellectual assets such as patents, trade secrets, human capital, and organizational structures are widely considered important contributors to business performance and economic growth - perhaps more-so than tangible assets such as...
- White papers 2004-10-26
- NetCurrents Advised Of Net Tangible Asset Deficiency
- Business Editors BEVERLY HILLS, Calif.--BUSINESS WIRE--June 11, 2001 NetCurrents, Inc. (Nasdaq:NTCS), The Premier Internet Intelligence Agency, has been notified in writing by Nasdaq, that in accordance with Nasdaq Marketplace Rule 4310 c (02) B, they are no longer in compliance with the net tangible assets/market capitalization/net income requirement....
- Research articles 2001-06-11
- Tangible Assets: Why Now's the Time to Buy
- Debra J. Diamond submits:Time to Load Up on Hard Assets And That Means 'Real' Tangibles, Too Usually when Wall Street talks about hard assets, they're talking about precious metals or commodities, things you can touch or feel or consume. by Debra J. Diamond
- External links 2009-04-20
- Time Warner Slashes 2008 Guidance On Ad Collapse (TWX)
- Time Warner TWX says its November 5 guidance for the rest of fiscal 2008 will be off by $370 million to $380 million. The main reason is a $280 million charge resulting from a suit from Turner Broadcasting, but the company also admits: "The economic environment has proved somewhat more...
- News items 2009-08-07
- Morgan Stanley Hurt by Credit Spreads
- Ockham Research submits: “What you’re seeing here is a weird accounting adjustment, $1.5 billion in a net revenue hit from the improvement in their bonds. That means it costs a lot more to buy back Morgan Stanley’s own bonds and under the accounting rules they have got to take...
- External links 2009-04-22
- CCC GlobalCom Corporation Announces the Acquisition of One Hundred Percent of the Tangible and Intangible Assets of Incomnet Communications Corporation
- Business Editors HOUSTON--BUSINESS WIRE--Dec. 5, 2001 CCC GlobalCom Corporation (OTCBB:CCGC) announced today that it has acquired one hundred percent (100%) of the tangible and intangible assets of Incomnet Communications Corporation Incomnet. The completion of CCC GlobalCom's purchase of the Incomnet assets occurred with the execution of a Definitive...
- Research articles 2001-12-05
- NEMATRON STOCK DELISTED.
- Nematron Corp. (Nasdaq: NEMA) announced that the Nasdaq Listing Qualifications Panel has denied the company's request for more time to comply with Nasdaq's criteria for special net tangible assets ($7 million) and has delisted the company from the Na Nematron Corp. (Nasdaq: NEMA) announced that the...
- Research articles 1999-01-25
- PA&E has May 11 meeting to appeal Nasdaq delisting.(Pacific Aerospace & Electronics Inc. )(Brief Article)
- Pacific Aerospace & Electronics Inc. announced April 20 that it received notice from the Nasdaq Stock Market that it is no longer in compliance with the marketplace rule requiring net tangible assets of at least $4 million. Pacific Aerospace & Electronics Inc. announced April...
- Research articles 2001-05-01
- Valero, Tesoro: Margin of Security in Refinery Assets
- Tom Armistead submits: Shares of refiners Valero Energy VLO and Tesoro Corp TSO have tanked badly over the past few months, falling 60% and 77% respectively from their 52 week highs. Crack spreads were squeezed as oil prices skyrocketed and consumers dug in their heels on gas prices. They are...
- External links 2008-08-19
- Celtic Investment, Inc. Moves To OTC Bulletin Board
- OAKBROOK TERRACE, Ill.--BUSINESS WIRE--April 20, 1999-- Celtic Investment, Inc. (OTCBB: CELT) was informed by the NASDAQ/Small-Cap Market that the Company's common stock was delisted from the NASDAQ SmallCap Market effective with the close of business on April 15th, 1999 because the Company failed to demonstrate that it had a...
- Research articles 1999-04-20
- Statement by Derma Sciences
- Business Editors PRINCETON, N.J.--BUSINESS WIRE--July 11, 2000 Derma Sciences Inc. (Nasdaq:DSCI) Tuesday announced that its common stock will continue to be listed on The Nasdaq SmallCap Market ("Nasdaq") via temporary exceptions from Nasdaq's net tangible assets and minimum bid price requirements. The Nasdaq Listing Qualifications Panel (the...
- Research articles 2000-07-11
- How Do You Know When You're in a Depression?
- The Find: Hopefully the discussion is entirely academic, but when does a recession become a depression? A blog offers some possible indicators, while one prominent economist says that if you want to know what a depression looks like, look around â€" we're in one now. The Source:...
- Blog posts 2009-03-12
- Yukon National Bank to buy People's Bank
- Yukon National Bank is purchasing Peoples Bank in a deal that expands the former to six banking centers, company officials announced this week. Yukon National Bank President Randy Wright said financial details of the cash deal would not be immediately released. Federal banking regulator call reports show the...
- Research articles 2006-01-11
