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Economy Bank for Investment (IQS:BEFI) Tangible Book per Share : ع.د0.00 (As of . 20)


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What is Economy Bank for Investment 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. Economy Bank for Investment's tangible book value per share for the quarter that ended in . 20 was ع.د0.00.

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.


Economy Bank for Investment Tangible Book per Share Historical Data

The historical data trend for Economy Bank for Investment'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.

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Economy Bank for Investment Tangible Book per Share Chart

Economy Bank for Investment Annual Data
Trend
Tangible Book per Share

Economy Bank for Investment Quarterly Data
Tangible Book per Share

Competitive Comparison of Economy Bank for Investment's Tangible Book per Share

For the Banks - Regional subindustry, Economy Bank for Investment'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.


Economy Bank for Investment's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Economy Bank for Investment's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Economy Bank for Investment's Price-to-Tangible-Book falls into.



Economy Bank for Investment Tangible Book per Share Calculation

Economy Bank for Investment's Tangible Book Value Per Share for the fiscal year that ended in . 20 is calculated as

Economy Bank for Investment's Tangible Book Value Per Share for the quarter that ended in . 20 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.


Economy Bank for Investment  (IQS:BEFI) 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.


Economy Bank for Investment Tangible Book per Share Related Terms

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Economy Bank for Investment (IQS:BEFI) Business Description

Traded in Other Exchanges
N/A
Address
Al-Amerate Street, PO Box 55432, Al-Mansour, Opposite Al-Zuhour Aucation, Baghdad, IRQ
Economy Bank for Investment operates as a commercial bank. It offers saving accounts, current accounts, certified checks, foreign exchange, letters of guarantee, and letters of credit among others.

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