Net Tangible Assets

Net Tangible Assets

In stocks and businesses, an expression of the underlying value of the company. That is, it is a statement of the value of the company's total assets minus the value of its total liabilities and the value of its intangible assets such as patents and goodwill. One way of thinking about the net tangible asset is that it is the underlying value of a company, not the value dictated by the supply and demand of shares or its market capitalization. See also: Net asset value.
References in periodicals archive ?
Nasdaq told K-Tel it had to have and demonstrate the ability to maintain net tangible assets of at least $4m.
NASDAQ, for instance, requires net income in the order of $400,000 and $4 million in net tangible assets.