The total assets consist of cash and equivalents, investments (equities or debt securities), equipment, inventory, property, account receivable, intangible assets and goodwill which are owned by a company. The total assets, total liabilities, intangible assets, and goodwill are normally located in every consolidated balance sheet in accordance with the international accounting standard. Where the book value corresponds to the total assets minus the total liabilities. Tangible Book Value = Book Value – the intangible assets – goodwill
The Tangible Book Value is calculated as follows: We are going to look at what the Tangible book value per share and the price to Tangible book value ratio are in order to help us to determine if a share is undervalued or overvalued. What did the heck he means by that? Well, you are in the right place to find out what this quote means to value investors.
Value is what you get.” is Warren Buffett’s one of famous quotes.
