NTA (net tangible assets) is described as the total assets of a company, excluding intangible assets (such as goodwill, trademarks and patents) minus total liabilities. The NTA/share value is used to determine, in theory, the money that each shareholder would receive if the company was forced into liquidation and all of the assets were sold at that point in time.
Formula: NTA = total assets - total liabilities - intangible assets
Formula: NTA/share = net tangible assets ÷ number of shares on issue
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