Meaning of “net tangible assets” in the English Dictionary


"net tangible assets" in Business English

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net tangible assetsnoun [ plural ]

uk us abbreviation NTA ACCOUNTING, FINANCE

the value of a company's physical assets (= buildings, land, or money), after debts relating to them are taken away:

The shares currently trade at around the value of the company's net tangible assets.

(Definition of “net tangible assets” from the Cambridge Business English Dictionary © Cambridge University Press)