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Model N (Model N) Tangible Book per Share : $0.77 (As of Dec. 2023)


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What is Model N 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. Model N's tangible book value per share for the quarter that ended in Dec. 2023 was $0.77.

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.


Model N Tangible Book per Share Historical Data

The historical data trend for Model N'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.

Model N Tangible Book per Share Chart

Model N Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.48 1.75 0.35 0.85 0.51

Model N 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 0.31 -0.19 0.16 0.51 0.77

Competitive Comparison of Model N's Tangible Book per Share

For the Software - Application subindustry, Model N'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.


Model N's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Model N's Price-to-Tangible-Book distribution charts can be found below:

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



Model N Tangible Book per Share Calculation

Model N's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(115.463-0-95.841)/38.764
=0.51

Model N'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)
=(124.343-0-94.115)/39.0323
=0.77

* 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.


Model N  (NYSE:MODN) 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.


Model N Tangible Book per Share Related Terms

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Model N (Model N) Business Description

Industry
Traded in Other Exchanges
Address
777 Mariners Island Boulevard, Suite 300, San Mateo, CA, USA, 94404
Model N Inc is a provider of cloud revenue management solutions for life science and technology companies. The products of the company involve Revenue Cloud for Life Sciences for helps life science companies improve revenue and operational efficiency while adhering to government regulations as it creates and executes contracts with its customers; and Revenue Cloud for High Tech that enables customers to modernize their sales processes by adopting a strategic approach to manage the revenue lifecycle by planned revenue. It has one operating segment with one business activity - developing and monetizing revenue management solutions. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
Mark, Albert Anderson, officer: SVP, Global Services C/O MODEL N, INC.,1600 SEAPORT BOULEVARD, SUITE 400, PACIFIC SHORES CENTER - BLD.6, REDWOOD CITY CA 94063
Manisha Shetty Gulati director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Kimberly Decarlis director 3400 BRIDGE PARKWAY, SUITE 200, REDWOOD SHORES CA 94065
Rehmann Rayani officer: Chief Strategy & Mktg Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Christopher Lyon officer: SVP & Chief Revenue Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Laura Selig officer: SVP, Chief People Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Jason Blessing director, officer: Chief Executive Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Suresh Kannan officer: SVP & Chief Product Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
John Ederer officer: SVP, Chief Financial Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Yarnold director C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Timothy M Adams director 311 ARSENAL STREET, WATERTOWN MA 02472
Alan S. Henricks director MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
Dave Michaud officer: SVP & Chief Marketing Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Cathy A Lewis officer: Chief Accounting Officer C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
David Barter officer: SVP, Chief Financial Officer C/O MODEL N, INC., 1600 SEAPORT BLVD., SUITE 400, REDWOOD CITY CA 94063