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CoSine Communications (CoSine Communications) Tangible Book per Share : $2.22 (As of Dec. 2009)


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What is CoSine Communications Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. CoSine Communications's tangible book value per share for the quarter that ended in Dec. 2009 was $2.22.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


CoSine Communications Tangible Book per Share Historical Data

The historical data trend for CoSine Communications's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CoSine Communications Tangible Book per Share Chart

CoSine Communications Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.23 2.27 2.28 2.22

CoSine Communications Semi-Annual Data
Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 2.23 2.27 2.28 2.22

Competitive Comparison of CoSine Communications's Tangible Book per Share

For the Specialty Business Services subindustry, CoSine Communications's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CoSine Communications's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoSine Communications's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CoSine Communications's Price-to-Tangible-Book falls into.



CoSine Communications Tangible Book per Share Calculation

CoSine Communications's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(22.365-0-0)/10.0906
=2.22

CoSine Communications's Tangible Book Value Per Share for the quarter that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(22.365-0-0)/10.0906
=2.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


CoSine Communications  (OTCPK:COSN) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


CoSine Communications Tangible Book per Share Related Terms

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CoSine Communications (CoSine Communications) Business Description

Traded in Other Exchanges
N/A
Address
Cosine Communications develops and markets switches and software used telecom service providers to manage their data communication networks. Carriers use CoSine's switches to incorporate virtual private networks, firewalls, virtual routing, secure broadband connections, and similar services into their service offerings. CoSine's software helps to manage the functions of the equipment.
Executives
Jack L Howard director 182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Charles J Abbe director 2445 WESTSIDE ROAD HEALDSBURG CA 95448
Steel Partners Holdings L.p. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Warren G Lichtenstein 10 percent owner C/O STEEL PARTNERS II L P, 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Lp 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Llc 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Handy & Harman Ltd. 10 percent owner 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Whx Cs Corp. 10 percent owner 555 THEODORE FREMD AVENUE, NEW YORK NY 10580
Emh Howard Llc other: See Explanation of Responses 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Ii Master Fund L.p. 10 percent owner C/O MORGAN STANLEY FND SVCS LTD (CAYMAN), CRICKET SQ 2ND FL HUTCHINS DR PO BX 2681, GRAND CAYMAN E9 KY1-1111
George Weaver Haywood other: 10% Owner prior to 10/26/05 CARE OF CRONIN AND VRIS, LLP, 380 MADISON AVENUE, NEW YORK NY 10017
R David Spreng director 3800 FIRST BANK PL, P O BOX 357, MINNEAPOLIS MN 55402

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