Net tangible value is usually the net worth of a company without taking into account intangible assets such as copyrights, patents and intellectual property.
The calculation of the material net worth of a company is total assets minus total liabilities minus intangible assets.
Net worth of tangible assets can also be calculated for individuals using the same formula: total tangible assets less total debt.
Performance Based Management (ABM) is a means of analyzing a company’s profitability by looking at every aspect of its business to determine its strengths and weaknesses.
A ballpark figure is a rough estimate of what something might mean in numerical terms when a more precise number is estimated, such as the cost of a product.
The binomial distribution is a probability distribution that generalizes the probability that a value will take on one of two independent values given a set of parameters or assumptions.
Share capital is the number of ordinary and preferred shares that the company has the right to issue and which are accounted for on the balance sheet as part of share capital.
The Central Limit Theorem (CLT) states that the distribution of sample means approaches a normal distribution as the sample size increases, regardless of the distribution of the population.