Contact Us Thank you for your interest in Lake City Bank. Should you have any questions, please fill out the form below and we will get back with you as soon as conveniently possible. You may also contact our One Call Center to speak with a Lake City Bank representative. Additional information is below.
net tangible assets per share. An assets measure calculated by dividing the difference of tangible assets minus liabilities and the par value of preferred stock by the number of common shares outstanding.Net tangible assets per share is frequently used by investors and raiders seeking undervalued stock.et tangible assets per share. An assets measure calculated by dividing the difference of tangible assets minus liabilities and the par value of preferred stock by the number of common shares outstanding. Net tangible assets per share is frequently used by investors and raiders seeking undervalued stock. 1  Facebook.
DEFINITION of 'Return On Net Assets-RONA'. A measure of financial performance calculated as: Fixed assets are tangible property used in production, such as real estate and machinery. Net working capital is calculated by taking the company's current assets minus its current liabilities. The higher the return, the better the profit performance for the company. Individually, no single calculation tells the whole story of a company's performance, and Return On Net Assets is just one of many ratios that can be used to evaluate a company's financial health. Next Up.