Environmental Tectonics (Environmental Tectonics) Tangible Book per Share : $-0.17 (As of Aug. 2023)

Environmental Tectonics Tangible Book per Share Chart

Environmental Tectonics Annual Data
	Trend	Feb05	Feb06	Feb07	Feb08	Feb09	Feb10	Feb11	Feb12	Feb22	Feb23
Tangible Book per Share		Get a 7-Day Free Trial					-0.79	0.57	0.88	0.16	-0.07

Environmental Tectonics Semi-Annual Data
	Feb05	Aug05	Feb06	Aug06	Feb07	Aug07	Feb08	Aug08	Feb09	Aug09	Feb10	Aug10	Feb11	Aug11	Feb12	Aug12	Feb22	Aug22	Feb23	Aug23
Tangible Book per Share	Get a 7-Day Free Trial															1.11	0.16	-	-0.07	-0.17

Competitive Comparison of Environmental Tectonics's Tangible Book per Share

For the Aerospace & Defense subindustry, Environmental Tectonics'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.

Environmental Tectonics's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Environmental Tectonics's Price-to-Tangible-Book distribution charts can be found below:

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

Environmental Tectonics Tangible Book per Share Calculation

Environmental Tectonics's Tangible Book Value Per Share for the fiscal year that ended in Feb. 2023 is calculated as

Environmental Tectonics's Tangible Book Value Per Share for the quarter that ended in Aug. 2023 is calculated as

* 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.

Environmental Tectonics  (OTCPK:ETCC) 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.

Environmental Tectonics Tangible Book per Share Related Terms

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Environmental Tectonics (Environmental Tectonics) Business Description