This is a measure of the worth of a company determined by its tangible assets such as property or machinery. This figure does not include assets such as patents or intellectual property.
Additional meaning of Tangible Net Worth:
Tangible net worth can be determined by taking a company’s total assets and subtracting the value of its liabilities and intangible assts. On an individual level, tangible net worth is the sum of assets such as cash, your home and cars minus any liabilities you have.