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bme

06/15/23 5:55 PM

#57423 RE: bme #57422

with some assumptions.
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TenKay

06/15/23 6:39 PM

#57426 RE: bme #57422

Tangible book value does not include intangible assets or goodwill.

For example, you can’t “sell” goodwill.

Essentially what would the company have left in a bankruptcy based on the “book value” of the tangible assets.

You can divide almost any balance sheet number by the OS for a per share value.