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 ?
in Chatsworth will continue to list on the Nasdaq SmallCap Market because the company has met requirements for net tangible assets, market capitalization and net income.
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.
In April, exchange officials notified Incomnet that it was not in compliance with listing requirements because its stock had traded below $1 for 30 consecutive trading days and that its net tangible assets were below the minimum requirements.
Nasdaq in April notified the company that it faced delisting because its stock and net tangible assets had fallen below the minimums.