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Tcw Strategicome Fund (Tcw Strategicome Fund) Tangible Book per Share : $5.05 (As of Dec. 2023)


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What is Tcw Strategicome Fund 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. Tcw Strategicome Fund's tangible book value per share for the quarter that ended in Dec. 2023 was $5.05.

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.


Tcw Strategicome Fund Tangible Book per Share Historical Data

The historical data trend for Tcw Strategicome Fund'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.

Tcw Strategicome Fund Tangible Book per Share Chart

Tcw Strategicome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 5.73 5.85 5.69 4.94 5.05

Tcw Strategicome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.69 5.16 4.94 5.01 5.05

Competitive Comparison of Tcw Strategicome Fund's Tangible Book per Share

For the Asset Management subindustry, Tcw Strategicome Fund'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.


Tcw Strategicome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Tcw Strategicome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tcw Strategicome Fund's Price-to-Tangible-Book falls into.



Tcw Strategicome Fund Tangible Book per Share Calculation

Tcw Strategicome Fund's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(241.398-0-0)/47.7854
=5.05

Tcw Strategicome Fund'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)
=(241.398-0-0)/47.7854
=5.05

* 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.


Tcw Strategicome Fund  (NYSE:TSI) 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.


Tcw Strategicome Fund Tangible Book per Share Related Terms

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Tcw Strategicome Fund (Tcw Strategicome Fund) Business Description

Traded in Other Exchanges
N/A
Address
865 South Figueroa Street, Suite 1800, Los Angeles, CA, USA, 90017
Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.
Executives
Mitch Flack officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Laird Landmann officer: Portfolio Manager 865 S. FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Robert Gerald Rooney director 865 SOUTH FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Peter Mcmillan director
Steve Kane officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Lisa E Eisen officer: Tax Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Tad Rivelle officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Victoria B Rogers director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 SOUTH FIGUEROA STREET SUITE 1800, LOS ANGELES CA 90017
Charles A Parker director
Samuel P Bell director 865 S. FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Richard Villa officer: Treasurer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
David Lippman director 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John A Gavin director
Patrick C Haden director 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107

Tcw Strategicome Fund (Tcw Strategicome Fund) Headlines

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