An entity’s total assets less intangible assets such as goodwill, all liabilities and the par value of preferred stock. Intangible assets also include patents and trademarks. Net tangible assets (NTAs) are calculated as follows:
NTA = assets – liabilities – intangible assets – disallowed assets
Disallowed assets include unlisted investments or shares, non-monetary credits (including cryptocurrency), contingent assets, etc.
The “book value” or “net asset value” of an entity represents to the total value of its net tangible assets.
