Hidden Value in T.A.T. Technologies (Part 2)

Original Article from Seeking Alpha Long Investment

Yoseph West submits:

Here’s Part 1.

In this article, I’ll be analyzing T.A.T. Technologies Ltd.’s (TATT) balance sheet, highlighting an aspect that particularly stands out to me and explaining any adjustments I’ve made.

Before taking a look at the adjustments, I want to highlight how cash-rich TATT is. Without dipping into any other asset, they can easily pay off all of their liabilities (with cash to spare!). I really like this, especially when it combines with the fact that Current Assets minus Total Liabilities equals 86.5% of TATT’s Market Cap. This helps provide

a comfortable margin of safety, as it’s not including long-term assets or the value of the business itself!

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