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JAVELIN Mortgage Investment (JAVELIN Mortgage Investment) Tangible Book per Share : $9.47 (As of Dec. 2015)


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What is JAVELIN Mortgage Investment 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. JAVELIN Mortgage Investment's tangible book value per share for the quarter that ended in Dec. 2015 was $9.47.

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.


JAVELIN Mortgage Investment Tangible Book per Share Historical Data

The historical data trend for JAVELIN Mortgage Investment'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.

JAVELIN Mortgage Investment Tangible Book per Share Chart

JAVELIN Mortgage Investment Annual Data
Trend Dec13 Dec14 Dec15
Tangible Book per Share
14.28 11.65 9.47

JAVELIN Mortgage Investment Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 11.65 11.10 11.17 10.06 9.47

Competitive Comparison of JAVELIN Mortgage Investment's Tangible Book per Share

For the REIT - Diversified subindustry, JAVELIN Mortgage Investment'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.


JAVELIN Mortgage Investment's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, JAVELIN Mortgage Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where JAVELIN Mortgage Investment's Price-to-Tangible-Book falls into.



JAVELIN Mortgage Investment Tangible Book per Share Calculation

JAVELIN Mortgage Investment's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(112.35-0-0)/11.866
=9.47

JAVELIN Mortgage Investment's Tangible Book Value Per Share for the quarter that ended in Dec. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(112.35-0-0)/11.866
=9.47

* 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.


JAVELIN Mortgage Investment  (NYSE:JMI) 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.


JAVELIN Mortgage Investment Tangible Book per Share Related Terms

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JAVELIN Mortgage Investment (JAVELIN Mortgage Investment) Business Description

Traded in Other Exchanges
N/A
Address
JAVELIN Mortgage Investment Corp was incorporated on June 18, 2012. The Company invest in and manage a leveraged portfolio of residential mortgage backed securities and mortgage loans. It is managed by ARRM, pursuant to the Management Agreement. The Company competes with mortgage REITs, mortgage finance and specialty finance companies, savings and loan associations, banks, mortgage bankers, insurance companies, mutual funds, institutional investors, investment banking firms, other lenders, governmental bodies and other entities.
Executives
Daniel C Staton director, officer: Chairman of the Board HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Hollihan John P Iii director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Marc H Bell director 6800 BROKEN SOUND PARKWAY, SUITE 200, BOCA RATON FL 33487
Jeffrey J Zimmer director, officer: Co-CEO and President 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Robert C Hain director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
Scott Ulm director, officer: Co-CEO and CIO 3005 HAMMOCK WAY, VERO BEACH FL 32963
Thomas K Guba director 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
James R Mountain officer: Chief Financial Officer ARMOUR RESIDENTIAL REIT, INC., 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963
Mark Gruber officer: Chief Operating Officer 3001 OCEAN DRIVE, SUITE 201, VERO BEACH FL 32963

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