Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Tangible Book per Share : $17.87 (As of May. 2018)

Kayne Anderson Energy Development Co Tangible Book per Share Chart

Kayne Anderson Energy Development Co Annual Data
	Trend	Nov08	Nov09	Nov10	Nov11	Nov12	Nov13	Nov14	Nov15	Nov16	Nov17
Tangible Book per Share		Get a 7-Day Free Trial					29.96	33.13	18.90	19.14	16.16

Kayne Anderson Energy Development Co Semi-Annual Data
	May08	Nov08	May09	Nov09	May10	Nov10	Nov11	May12	Nov12	May13	Nov13	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18
Tangible Book per Share	Get a 7-Day Free Trial															18.54	19.14	18.46	16.16	17.87

Competitive Comparison of Kayne Anderson Energy Development Co's Tangible Book per Share

For the Asset Management subindustry, Kayne Anderson Energy Development Co'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.

Kayne Anderson Energy Development Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Development Co's Price-to-Tangible-Book falls into.

Kayne Anderson Energy Development Co Tangible Book per Share Calculation

Kayne Anderson Energy Development Co's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2017 is calculated as

Kayne Anderson Energy Development Co's Tangible Book Value Per Share for the quarter that ended in May. 2018 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.

Kayne Anderson Energy Development Co  (NYSE:KED) 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.

Kayne Anderson Energy Development Co Tangible Book per Share Related Terms

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Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description