kaal:claim:4033886-019

The adjusted net asset approach revalues balance sheet items toward current fair value but still fails to capture intangible assets, because intangibles are not represented on the balance sheet.

Source quote, verbatim

However, the approach still fails to take into consider any intangible assets because they are not represented on the balance sheet.68

From

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022), III.1 Asset Approach, p. 18
https://ssrn.com/abstract=4033886 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

Holds when

asset approach valuations relying on book values

Classification

failuresupport: arguedfailure: intangibles omitted from asset approachfamily: valuation-and-pricing-failureeconomicsresearch-methods

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