Above Water


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Above Water

1. Describing a company that is maintaining operations with little or no financial difficulty. It is a somewhat informal term that is used especially when a company is doing neither poorly nor terribly well.

2. Describing a company's assets when their value exceeds their book value. The Generally Accepted Accounting Principles rarely allow the book value of an asset to change except in accordance with the rules of depreciation or appreciation. Thus, a book value may not state an asset's actual value. A company with above-water assets often attracts investors who have done a great deal of research into the value of its assets; these investors often stand to make a significant return on a comparatively small investment.
References in periodicals archive ?
But the tractor fell in the canal, and, fearing the cow would drown, a woman jumped in and held its head above water.
Grasping the nearly exhausted woman, she swam to the partially submerged car, grabbed hold of it, and kept Hutchinson's head above water until rescue personnel arrived.
Uncertainties about such factors as the height of ocean tides and the temperature and the salinity of water beneath the ice shelf would account for no more than a small fraction of the remaining loss in height above water, says Shepherd.
Now, despite battling to keep its head above water, the firm fears it is poised to go under.
Rottman, the author of the YA novels Hero, Rough Waters, and Head Above Water, is a former high school English teacher who knows teens well, and readers will root for Stetson to triumph over his circumstances.
A MERSEYSIDE ship repair firm, which uses a converted barge as its office and workshop, is keeping its head well above water with a steady flow of work.
Offering convenience and speed--and fighting hard to keep costs down--they have been able to keep their heads above water, and even thrive, in the midst of giants.
A NUNEATON woman has described how she and her husband fought desperately to keep their heads above water after their crashed car landed upside down in a stream.
Team member Ken Scouler said: "We have to raise between pounds 50,000 and pounds 55,000 every year to keep our heads above water.
Above water, we gleefully laughed about our experience below.
So however welcome, the hike in wages will only keep many people's heads above water.
Cruz's head above water while the others struggled to unbuckle him from the heavy chair.