Analysis of the possibility of use of Tobin coefficient for evaluation hidden assets

The paper considers the economic content of the Tobin coefficient and its interpretation in the context of the investment attractiveness of the enterprise, revaluation (underestimation) of its shares, assessment of the availability of hidden assets. The analysis of the validity of such interpretations. An explanation is given why the Tobin coefficient, which covers the entire set of companies in a country, regularly turns out to be higher or lower than one.The impossibility of using this indicator to assess the availability of hidden assets has been proved.