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ClearDebt Group (LSE:CLEA) Tangible Book per Share : £0.00 (As of Dec. 2012)


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What is ClearDebt Group 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. ClearDebt Group's tangible book value per share for the quarter that ended in Dec. 2012 was £0.00.

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.


ClearDebt Group Tangible Book per Share Historical Data

The historical data trend for ClearDebt Group'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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ClearDebt Group Tangible Book per Share Chart

ClearDebt Group Annual Data
Trend Dec02 Dec03 Dec04 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Tangible Book per Share
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ClearDebt Group Semi-Annual Data
Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12
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Competitive Comparison of ClearDebt Group's Tangible Book per Share

For the Asset Management subindustry, ClearDebt Group'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.


ClearDebt Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where ClearDebt Group's Price-to-Tangible-Book falls into.



ClearDebt Group Tangible Book per Share Calculation

ClearDebt Group's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.828-0-5.627)/308.341
=0.00

ClearDebt Group's Tangible Book Value Per Share for the quarter that ended in Dec. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.948-0-5.23)/308.341
=0.00

* 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.


ClearDebt Group  (LSE:CLEA) 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.


ClearDebt Group Tangible Book per Share Related Terms

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ClearDebt Group (LSE:CLEA) Business Description

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