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Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Tangible Book per Share : $3.42 (As of Dec. 2018)


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What is Dover Downs Gaming & Entertainment 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. Dover Downs Gaming & Entertainment's tangible book value per share for the quarter that ended in Dec. 2018 was $3.42.

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.


Dover Downs Gaming & Entertainment Tangible Book per Share Historical Data

The historical data trend for Dover Downs Gaming & Entertainment'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.

Dover Downs Gaming & Entertainment Tangible Book per Share Chart

Dover Downs Gaming & Entertainment Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 3.50 3.50 3.46 3.42

Dover Downs Gaming & Entertainment Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 3.46 3.43 3.43 3.43 3.42

Competitive Comparison of Dover Downs Gaming & Entertainment's Tangible Book per Share

For the Gambling subindustry, Dover Downs Gaming & Entertainment'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.


Dover Downs Gaming & Entertainment's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Dover Downs Gaming & Entertainment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Dover Downs Gaming & Entertainment's Price-to-Tangible-Book falls into.



Dover Downs Gaming & Entertainment Tangible Book per Share Calculation

Dover Downs Gaming & Entertainment's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(114.344-0-0)/33.4226
=3.42

Dover Downs Gaming & Entertainment's Tangible Book Value Per Share for the quarter that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(114.344-0-0)/33.4226
=3.42

* 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.


Dover Downs Gaming & Entertainment  (NYSE:DDE) 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.


Dover Downs Gaming & Entertainment Tangible Book per Share Related Terms

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Dover Downs Gaming & Entertainment (Dover Downs Gaming & Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1131 North DuPont Highway, Dover, DE, USA, 19901
Dover Downs Gaming & Entertainment Inc is a US-based gaming and entertainment company. It operates Dover Downs Casino; Dover Downs Hotel and Conference Center; and Dover Downs Raceway. The Dover Downs Casino operations include table games, including craps, roulette and card games, multi-player electronic table games, race and sports book operation, the festival buffet, Frankie's Italian restaurant, as well as several bars, restaurants and retail outlets. The Dover Downs Hotel and Conference Center include a fine dining restaurant, spa/salon, conference, banquet, ballroom and concert hall facilities. The Dover Downs Raceway includes a harness racing track with pari-mutuel wagering on live and simulcasts horse races. The firm derives the majority of revenue from gaming operation.
Executives
R Randall Rollins other: See Footnote 1 SUNTRUST BANKS INC, PO BOX 4418 MC 643, ATLANTA GA 30302-4418
Henry B Tippie other: See Footnote 1 TONY EVANS, 1131 N DUPONT HWY, DOVER DE 19903
Denis Mcglynn other: See Footnote 1 POST OFFICE BOX 843, DOVER DE 19903
Klaus M Belohoubek other: See Footnote 1
Timothy R Horne other: See Footnote 1
Jeffrey W Rollins other: See Footnote 1
Patrick J Bagley other: See Footnote 1
Rmt Trust other: See Footnote 1 3505 SILVERSIDE ROAD PLAZA CENTRE BLDG., SUITE 203 WILMINGTON DE 19810
Kenneth K Chalmers director
Rollins John W Jr director 1131 N DUPONT HGWY PO BOX 843 DOVER DE 19903
Eugene W Weaver 10 percent owner P O BOX 843, DOVER DE 19803
Richard K Struthers director 900 OLD KENNETT ROAD, GREENVILLE DE 19807
Gates Capital Management, Inc. 10 percent owner 1177 AVE. OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Jeffrey L Gates 10 percent owner 1177 AVENUE OF THE AMERICAS 46TH FLOOR NEW YORK NY 10036
Estate Of Rollins John W Sr 10 percent owner 2200 CONCORD PIKE WILMINGTON DE 19803