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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Tangible Book per Share : £0.30 (As of Jan. 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv 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. ICG-Longbow Senior Secured UK Prop Debt Inv's tangible book value per share for the quarter that ended in Jan. 2024 was £0.30.

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.


ICG-Longbow Senior Secured UK Prop Debt Inv Tangible Book per Share Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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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ICG-Longbow Senior Secured UK Prop Debt Inv Tangible Book per Share Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.98 0.72 0.64 0.30

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.72 0.66 0.64 0.46 0.30

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's Tangible Book per Share

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's Price-to-Tangible-Book falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv Tangible Book per Share Calculation

ICG-Longbow Senior Secured UK Prop Debt Inv's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(36.224-0-0)/121.303
=0.30

ICG-Longbow Senior Secured UK Prop Debt Inv's Tangible Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(36.224-0-0)/121.303
=0.30

* 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.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.


ICG-Longbow Senior Secured UK Prop Debt Inv Tangible Book per Share Related Terms

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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Headlines

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