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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Tangible Book per Share : $0.25 (As of Aug. 2023)


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What is Life Electric Vehicles Holdings 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. Life Electric Vehicles Holdings's tangible book value per share for the quarter that ended in Aug. 2023 was $0.25.

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.


Life Electric Vehicles Holdings Tangible Book per Share Historical Data

The historical data trend for Life Electric Vehicles Holdings'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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Life Electric Vehicles Holdings Tangible Book per Share Chart

Life Electric Vehicles Holdings Annual Data
Trend Nov98 Nov99 Nov00 Nov01 Nov02 Nov03 Nov04 Nov05 Nov06 Nov07
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 3.41 4.56 3.16 1.96

Life Electric Vehicles Holdings Quarterly Data
May04 Aug04 Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08 Aug08 Aug22 Aug23
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 1.59 1.37 1.01 - 0.25

Competitive Comparison of Life Electric Vehicles Holdings's Tangible Book per Share

For the Recreational Vehicles subindustry, Life Electric Vehicles Holdings'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.


Life Electric Vehicles Holdings's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Life Electric Vehicles Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Life Electric Vehicles Holdings's Price-to-Tangible-Book falls into.



Life Electric Vehicles Holdings Tangible Book per Share Calculation

Life Electric Vehicles Holdings's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2007 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.941-0-0)/0.98985
=1.96

Life Electric Vehicles Holdings's Tangible Book Value Per Share for the quarter that ended in Aug. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(2.094-0-0)/8.34564
=0.25

* 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.


Life Electric Vehicles Holdings  (OTCPK:LFEV) 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.


Life Electric Vehicles Holdings Tangible Book per Share Related Terms

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Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Business Description

Traded in Other Exchanges
N/A
Address
460 Hillsboro Technology Drive, Deerfield Beach, FL, USA, 33441
Life Electric Vehicles Holdings Inc is a developer, manufacturer, and distributor in the light electric vehicle industry. The business model includes the launching, acquisition, and consolidation of multiple brands of e-bikes, e-trikes, e-scooters, and light EV companies to become an industry leader in the American micro-mobility market.

Life Electric Vehicles Holdings (Life Electric Vehicles Holdings) Headlines

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