Share Market Basics |
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What is Asset Coverage ?Stock Market Terms, Definition, Share Market Glossary, Share Bazar TerminologyAsset Coverage - A company’s net assets covering a debt. The concept becomes important when a company goes into liquidation. From the total book value of the assets are deducted the claims of creditors, and the ratio of what remains to the total number of preference shares represents the asset coverage for such shares. The asset coverage for equity shares is the ratio obtained after deducting all creditor’s dues and the value of he preference shares, divided by the number of equity shares. The result is also called the net book value of equity shares.
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Famous Quotes on Stock Market and Trading “ Great investment opportunities come around when excellent companies are surrounded by unusual circumstances that cause the stock to be misappraised.” -Warren Buffet.
"The problem with the person who thinks he’s a long-term investor and imperivous to short-term gyrations is that the emotion of fear and pain will eventually make him sell badly.” -Robert Wibbelsmen
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What is a Bull Market ?
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