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Albion Technology & General VCT (LSE:AATG) Tangible Book per Share : £0.72 (As of Dec. 2023)


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What is Albion Technology & General VCT 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. Albion Technology & General VCT's tangible book value per share for the quarter that ended in Dec. 2023 was £0.72.

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.


Albion Technology & General VCT Tangible Book per Share Historical Data

The historical data trend for Albion Technology & General VCT'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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Albion Technology & General VCT Tangible Book per Share Chart

Albion Technology & General VCT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.69 0.81 0.73 0.72

Albion Technology & General VCT Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.81 0.79 0.73 0.76 0.72

Competitive Comparison of Albion Technology & General VCT's Tangible Book per Share

For the Asset Management subindustry, Albion Technology & General VCT'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.


Albion Technology & General VCT's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Albion Technology & General VCT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Albion Technology & General VCT's Price-to-Tangible-Book falls into.



Albion Technology & General VCT Tangible Book per Share Calculation

Albion Technology & General VCT'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)
=(127.322-0-0)/176.848
=0.72

Albion Technology & General VCT'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)
=(127.322-0-0)/176.848
=0.72

* 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.


Albion Technology & General VCT  (LSE:AATG) 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.


Albion Technology & General VCT Tangible Book per Share Related Terms

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Albion Technology & General VCT (LSE:AATG) Business Description

Traded in Other Exchanges
N/A
Address
1 Benjamin Street, London, GBR, EC1M 5QL
Albion Technology & General VCT PLC provides investors with a regular and predictable source of dividend income combined with the prospect of longer-term capital growth. The company maintains a balanced portfolio of predominantly unquoted growth and technology businesses in a qualifying Venture Capital Trust. The company operates in a single business segment, which is an investment in smaller early-stage companies principally based in the United Kingdom.

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