> 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."
Sorry it took so long to respond, but thanks a ton for the shout out and link. I appreciate it!
> 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."
https://www.investopedia.com/terms/n/nettangibleassets.asp