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 ?
"The young girl was struggling to keep her head above water and she was nearest to me so I grabbed her and brought her to safety.
The other contract will include the establishment of a 4km road above water and mangrove areas to connect the south side of Umm Lafina Island with Sheikh Zayed Road.
In addition, the project will include building three bridges above water canals to maintain water traffic.
'How do you invade a rock above water, at high tide, that is only a few inches above water?' Carpio said.
Above water there may appear to be only minimal local damage with the structures appearing to be out-of-square.
Above water there was dark space-like ambience; a perfect soundtrack to the eerie calm of the darkened pool.
Clarkson said of 19-year-old Bailey: "She saw the horse gallop past her and go in the brook, and she went straight in and held his head above water. It was only two or three feet deep, but he was on his side and couldn't stand up.
HD are forced to close because the banks won't lend them a bob or two to keep their heads above water? Cadbury will be forgotten in a day or two, along with all the other great Birmingham companies that have been sold or forced to close.
"The lads are just about keeping their heads above water, but we deserved this win, although I would have liked more goals," said Brace.
I struggle to keep the paperwork legible, honest and up-to-date, make customers as happy as I can, pay the bills and clear just enough to barely keep my head above water.
Page 5 Heads above water Business advisory firm BDO said its restructuring division has kept the firm's head above water in the recession.