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Platinum Asia Investments Limited Replacement Prospectus ACN 606 647 358Dated 5 August 2015Manager Platinum Investment Management Limited (ADSL 221935) Sole Arranger and Joint Lead Manager CBA Equities
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Gather all necessary financial information and documentations such as assets, liabilities, income, and expenses.
02
Calculate the net tangible assets by subtracting total liabilities from total assets.
03
Review and update the values of assets and liabilities on a weekly basis.
04
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Weekly net tangible asset refers to the total value of a company's assets minus its liabilities, divided by the number of shares outstanding.
Companies listed on the stock exchange are usually required to file their weekly net tangible assets.
To fill out the weekly net tangible asset, companies need to calculate the total value of their assets and liabilities, and then divide by the number of shares outstanding.
The purpose of weekly net tangible asset is to provide investors with information about the financial health of a company and its ability to meet its obligations.
Weekly net tangible asset report must include the total value of assets, total value of liabilities, number of shares outstanding, and the calculation of net tangible asset per share.
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