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Model Performance Acquisition (Model Performance Acquisition) Tangible Book per Share

: $4.58 (As of Sep. 2022)
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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 Performance Acquisition's tangible book value per share for the quarter that ended in Sep. 2022 was $4.58.

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.


Model Performance Acquisition Tangible Book per Share Historical Data

The historical data trend for Model Performance Acquisition'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 Performance Acquisition Annual Data
Trend Dec21
Tangible Book per Share
7.40

Model Performance Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tangible Book per Share Premium Member Only Premium Member Only 7.48 7.40 7.38 7.32 4.58

Competitive Comparison

For the Shell Companies subindustry, Model Performance Acquisition'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 Performance Acquisition Price-to-Tangible-Book Distribution

For the Diversified Financial Services industry and Financial Services sector, Model Performance Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Model Performance Acquisition Tangible Book per Share Calculation

Model Performance Acquisition's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(55.782-0-0)/7.5375
=7.40

Model Performance Acquisition's Tangible Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(18.468-0-0)/4.02851
=4.58

* 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.


Model Performance Acquisition  (NAS:MPAC) 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 Performance Acquisition Tangible Book per Share Related Terms

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Model Performance Acquisition (Model Performance Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2 Queens Road Central, 58 Floor, Unit 5801, Cheung Kong Center, Hong Kong, HKG
Website
Model Performance Acquisition Corp is a newly incorporated blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.