In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset. Simply stated, assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset).
The balance sheet of a firm records the monetary value of the assets owned by the firm. It is money and other valuables belonging to an individual or business. Two major asset classes are tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include such items as buildings and equipment.
In information security, computer security and network security an Asset is any data, device, or other component of the environment that supports information-related activities. Assets generally include hardware (e.g. servers and switches), software (e.g. mission critical applications and support systems) and confidential information. Assets should be protected from illicit access, use, disclosure, alteration, destruction, and/or theft, resulting in loss to the organization.
When performing risk analysis it is important to weigh how much to spend protecting each asset against the cost of losing the asset. It is also important to take into account the chance of each loss occurring. Intangible costs must also be factored in. If a hacker makes a copy of all a company's credit card numbers it does not cost them anything directly but the loss in fines and reputation can be enormous.
Concurrently, six additional laws were unanimously adopted, broadening the definition of “restructuring” to include the disposal and transfer of immovable property to the Cyprus Asset ManagementCompany (KEDIPES) as part of the ‘mortgage to rent’ scheme.
BalancingAct in Asset Valuation and Distribution. In a recent correspondence, the Committee of Unsecured Creditors acknowledged the diverse perspectives regarding the valuation and distribution of assets ... Amidst these restructuring efforts, FTX and its affiliated companies have embarked on a strategic review of their global assets.
Ooredoo and Zain will equally retain a substantial stake of 49.3% each in the newly restructured entity, through an asset and cash equalisation process. The founders of TASC will retain the remaining shareholding, through Digital Infrastructure Assets LLP, and will continue to manage the operations of the business.
Meanwhile, six laws were unanimously adopted which broaden the definition of the term “restructuring” to include the disposal and transfer of immovable property to the Cyprus Asset ManagementCompany in the context of the implementation of the ‘mortgage to rent’ scheme.
This year has been a year of restructuring and transformation for the crypto asset (virtual currency) industry. After the 2022 scandals involving FTX, Three ArrowsCapital, Celsius Network, and others, crypto asset prices have fallen and the industry has gone into lock-down mode, with a lack of development, reform, and compliance issues.
From the petition to date, the total amount owed under the Lafise Nicaragua Fund amounts to approximately $19.49 million in unpaid assets, plus accrued and unpaid interest, commissions and other expenses,” the document filed with the New York court states ... You have the option to restructure these loans or foreclose if you have the collateral.
The adjusted non-GAAP financial measures below exclude certain inventory provisions, asset impairments, and restructuring costs recognized in relation to lululemon Studio, and the related income tax effects of these items ... Impairment of assets and restructuring costs ... Impairment of Assets and Restructuring Costs and Note 4.
GAAP financial measure (cost of revenue, research and development expenses, sales and marketing expenses, and general and administrative expenses) adjusted for stock-based compensation, amortization of acquired intangible assets, restructuring costs, employee transaction bonuses ...
As a result, restructuring charges of an estimated $6.5 million (before income taxes) are expected to be incurred in the first quarter of 2024 ... Restructuring charges were mainly comprised of severance charges and impairment charges of software and other intangible assets and were included in the Impairment and restructuring charges line-item.
("ER") which holds many of EaglePlains' diverse portfolio of royalty assets. The restructuring enhanced the valuation of Eagle Plains' extensive royalty interests, enabling ER to market and develop its royalty assets while seeking additional royalty acquisition opportunities.
... has entered into a restructuring support agreement with certain funds managed by BlueTorch Finance LLC ("Blue Torch"), the Company's senior secured lenders, pursuant to which Blue Torch would acquire substantially all of the assets of the Company via a stalking horse credit bid.
We define non-GAAP operating income (loss) as GAAP operating loss excluding share-based compensation expense, amortization of acquisition-related intangible assets, one-time costs associated with mergers and acquisitions, lease restructuring costs, and litigation expenses and ...
Amortization of intangible assets will recur in future periods; however, the amounts are affected by the timing and size of our acquisitions.We exclude the effect of acquisition and integration expenses and restructuring expenses from our non-GAAP financial results ...ASSETS. Current assets. ... Other current assets 238.8 208.9 ... Other assets 637.1 587.9.
The Company also announces that its board of directors has approved, in principle, a strategic reorganization of the Company's assets, pursuant to which the Company would proceed with a restructuring transaction (the "Spin-Out"), whereby it would spin out the common shares of its subsidiary St-Georges IcelandLtd.