GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Indigo Books & Music Inc (OTCPK:IDGBF) » Definitions » Tangible Book per Share

Indigo Books & Music (Indigo Books & Music) Tangible Book per Share : $-2.58 (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Indigo Books & Music 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. Indigo Books & Music's tangible book value per share for the quarter that ended in Dec. 2023 was $-2.58.

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.


Indigo Books & Music Tangible Book per Share Historical Data

The historical data trend for Indigo Books & Music'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.

Indigo Books & Music Tangible Book per Share Chart

Indigo Books & Music Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.30 1.56 0.05 0.19 -1.48

Indigo Books & Music Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.25 -1.48 -2.38 -2.91 -2.58

Competitive Comparison of Indigo Books & Music's Tangible Book per Share

For the Specialty Retail subindustry, Indigo Books & Music'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.


Indigo Books & Music's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Indigo Books & Music's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Indigo Books & Music's Price-to-Tangible-Book falls into.



Indigo Books & Music Tangible Book per Share Calculation

Indigo Books & Music's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-14.6-0-25.789)/27.3527
=-1.48

Indigo Books & Music's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-45.55-0-25.748)/27.6666
=-2.58

* 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.


Indigo Books & Music  (OTCPK:IDGBF) 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.


Indigo Books & Music Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Indigo Books & Music's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Indigo Books & Music (Indigo Books & Music) Business Description

Traded in Other Exchanges
Address
620 King Street West, Suite 400, Toronto, ON, CAN, M5V 1M6
Indigo Books & Music Inc is a Canada-based book, gift, and toy retailer. It operates a chain of retail bookstores across all Canada, including approximately 87 superstores under Indigo and Chapters banners names as well as over 80 small format stores under the banners Coles, Indigospirit, SmithBooks, and The Book company. Its digital platforms sell expanded selection of books, gifts, toys, and paper products. It also has interest in Calendar Club of Canada, which operates seasonal kiosks and year-round stores in shopping malls across Canada. The company generates its revenue from Superstores, Small format stores, Online, and Others.

Indigo Books & Music (Indigo Books & Music) Headlines