| 单词 | net tangible assets |
| 释义 | net tangible assets The tangible assets of an organization less its current liabilities. This is different from total assets minus total liabilities. On the assets side it excludes intangibles such as goodwill, and on the liabilities side it excludes debts not due for payment within the next financial year. A positive figure for net tangible assets thus gives no guarantee of an organization's long-run solvency, but it is sometimes regarded as a good indicator of its ability to survive in the immediate future. |
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