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IEC Electronics (IEC Electronics) Tangible Book per Share : $3.93 (As of Jun. 2021)


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What is IEC Electronics 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. IEC Electronics's tangible book value per share for the quarter that ended in Jun. 2021 was $3.93.

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.


IEC Electronics Tangible Book per Share Historical Data

The historical data trend for IEC Electronics'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.

IEC Electronics Tangible Book per Share Chart

IEC Electronics Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.35 1.42 2.48 3.02 3.73

IEC Electronics Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 3.52 3.73 3.84 3.82 3.93

Competitive Comparison of IEC Electronics's Tangible Book per Share

For the Electronic Components subindustry, IEC Electronics'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.


IEC Electronics's Price-to-Tangible-Book Distribution in the Hardware Industry

For the Hardware industry and Technology sector, IEC Electronics's Price-to-Tangible-Book distribution charts can be found below:

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



IEC Electronics Tangible Book per Share Calculation

IEC Electronics's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(39.155-0-0)/10.5007
=3.73

IEC Electronics's Tangible Book Value Per Share for the quarter that ended in Jun. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(41.724-0-0)/10.6204
=3.93

* 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.


IEC Electronics  (NAS:IEC) 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.


IEC Electronics Tangible Book per Share Related Terms

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IEC Electronics (IEC Electronics) Business Description

Traded in Other Exchanges
N/A
Address
105 Norton Street, Newark, NY, USA, 14513
IEC Electronics Corp operates in an electronics contract manufacturing services (EMS) industry. It provides electronic manufacturing services to advanced technology companies primarily in the medical, industrial, aerospace and defense sectors. Its offerings include on-site analytical testing laboratories, custom design, and test engineering services. The firm also offers a broad array of manufacturing services encompassing electronics, interconnect solutions and precision metalworking. The majority of its revenue is derived from the sale of electronic products.
Executives
Jeremy R Nowak director C/O API TECHNOLOGIES CORP ONE NORTH WACKER DRIVE SUITE 4400 CHICAGO IL 60606
Charles P Hadeed director 35 VANTAGE POINT DRIVE, ROCHESTER NY 14624
Jeffrey T Schlarbaum director, officer: President and CEO 105 NORTON STREET, NEWARK NY 14513
Michael W Osborne director 105 NORTON STREET NEWARK NY 14513
Andrew M Laurence director C/O API TECHNOLOGIES CORP., ONE NORTH WACKER DRIVE SUITE 4400, CHICAGO IL 60606
Keith M Butler director 105 NORTON STREET NEWARK NY 14513
Thomas L Barbato officer: CFO 105 NORTON STREET, NEWARK NY 14513
Lynn J Hartrick director 105 NORTON STREET NEWARK NY 14513
Michael Thomas Williams officer: VP, Finance and CFO 54 BARCHAN DUNE RISE VICTOR NY 14564
Jens Hauvn officer: SVP, Operations C/O IEC ELECTRONICS CORP. 105 NORTON STREET NEWARK NY 14513
Eric Singer director 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
W Barry Gilbert officer: CEO & Chairman of the Board C/O IEC ELECTRONICS CORP. NEWARK NY 14513
Brett Eugene Mancini officer: VP Bus Devel & Eng Serv 12 SANDPIPER LANE PITTSFORD NY 14534
John Carlton Johnson director 24450 MEADOW ROAD PO BOX 1093 CLARK CO 80428
Florence Distefano Hudson director 1 WINSOR PLACE PURCHASE NY 10577