Sorry it took so long to respond, but thanks a ton for the shout out and link. I appreciate it!

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> Net Tangible Capital is Net Working Capital + PPE, meaning Current Assets - Current Liabilities + Plant Property and Equipment

Wouldn't it be Net Tangible Capital = Total Assets - Intangible Assets - Total Liabilities instead?

According to Investopedia: "To calculate a company's net tangible assets, subtract its liabilities, par value of preferred shares, and any intangible assets, such as goodwill, patents, and trademarks from its total assets."


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