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RegTech Open Project (LSE:RTOP) Tangible Book per Share : £-0.09 (As of Dec. 2022)


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What is RegTech Open Project 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. RegTech Open Project's tangible book value per share for the quarter that ended in Dec. 2022 was £-0.09.

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.


RegTech Open Project Tangible Book per Share Historical Data

The historical data trend for RegTech Open Project'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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RegTech Open Project Tangible Book per Share Chart

RegTech Open Project Annual Data
Trend Dec20 Dec21
Tangible Book per Share
-0.05 -0.07

RegTech Open Project Semi-Annual Data
Dec20 Dec21 Dec22
Tangible Book per Share -0.05 -0.07 -0.09

Competitive Comparison of RegTech Open Project's Tangible Book per Share

For the Software - Application subindustry, RegTech Open Project'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.


RegTech Open Project's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, RegTech Open Project's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where RegTech Open Project's Price-to-Tangible-Book falls into.



RegTech Open Project Tangible Book per Share Calculation

RegTech Open Project's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.888-0-3.192)/60.000
=-0.07

RegTech Open Project's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.427-0-2.963)/60.000
=-0.09

* 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.


RegTech Open Project  (LSE:RTOP) 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.


RegTech Open Project Tangible Book per Share Related Terms

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RegTech Open Project (LSE:RTOP) Business Description

Traded in Other Exchanges
Address
107 Cheapside, 9th Floor, London, GBR, EC2V 6DN
RegTech Open Project plc is a technology business specialized in regtech that has developed the Orbit Open Platform, an award-winning proprietary software platform focused on OR, which helps its customers navigate an increasingly complex regulatory landscape, maintain a secure and stable operating environment, whilst improving compliance with applicable regulations and standards and reducing the risk of business disruptions. The Orbit Open Platform is a cloud-based SaaS solution that offers a suite of modules and features enabling businesses to achieve OR more efficiently and effectively. By leveraging the cloud, the Orbit Open Platform is able to offer flexibility, scalability, and easy access for businesses of all sizes, sectors and geographies.

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