4 ms·
Their book value is more than $19. Even the liquid assets minus all liabilities is $6.60. Are you saying that all of their property, patents, and future revenue
by goodcanadian 14y ago
Their book value is more than $19. Even the liquid assets minus all liabilities is $6.60. Are you saying that all of their property, patents, and future revenue (decidedly non-zero) are worth less than $1.10?
- runako 14y agoI haven't researched the stock rigorously, so I don't have a good answer to this. But given their massive losses, they will be drawing down their liquid assets and increasing liabilities. And book value for large companies frequently consists of intangible (i.e. made up) numbers for goodwill, IP, etc., which may prove unrealistic.