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Fast Finance24 Holding AG (XTER:FF24) Tangible Book per Share : €0.80 (As of Dec. 2021)


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What is Fast Finance24 Holding AG 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. Fast Finance24 Holding AG's tangible book value per share for the quarter that ended in Dec. 2021 was €0.80.

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.


Fast Finance24 Holding AG Tangible Book per Share Historical Data

The historical data trend for Fast Finance24 Holding AG'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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Fast Finance24 Holding AG Tangible Book per Share Chart

Fast Finance24 Holding AG Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 0.83 0.83 0.80 0.84

Fast Finance24 Holding AG Quarterly Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 0.84 0.88 0.88 0.80 0.84

Competitive Comparison of Fast Finance24 Holding AG's Tangible Book per Share

For the Credit Services subindustry, Fast Finance24 Holding AG'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.


Fast Finance24 Holding AG's Price-to-Tangible-Book Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fast Finance24 Holding AG's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fast Finance24 Holding AG's Price-to-Tangible-Book falls into.



Fast Finance24 Holding AG Tangible Book per Share Calculation

Fast Finance24 Holding AG's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(41.516-0-0.017)/49.4047
=0.84

Fast Finance24 Holding AG's Tangible Book Value Per Share for the quarter that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(39.648-0-0)/49.4047
=0.80

* 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.


Fast Finance24 Holding AG  (XTER:FF24) 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.


Fast Finance24 Holding AG Tangible Book per Share Related Terms

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Fast Finance24 Holding AG (XTER:FF24) Business Description

Traded in Other Exchanges
N/A
Address
Uhlandstrasse 165/166, Berlin, DEU, 10719
Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

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