Ventia Services Group (ASX:VNT) Tangible Book per Share : A$-0.68 (As of Dec. 2023)

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What is Ventia Services 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. Ventia Services Group's tangible book value per share for the quarter that ended in Dec. 2023 was A$-0.68.

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.

Ventia Services Group Tangible Book per Share Historical Data

The historical data trend for Ventia Services 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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Ventia Services Group Tangible Book per Share Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Tangible Book per Share

-0.97

-0.76

-0.68

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Tangible Book per Share	-0.97	-0.81	-0.76	-0.72	-0.68

Competitive Comparison of Ventia Services Group's Tangible Book per Share

For the Infrastructure Operations subindustry, Ventia Services 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.

Ventia Services Group's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Price-to-Tangible-Book distribution charts can be found below:

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

Ventia Services Group Tangible Book per Share Calculation

Ventia Services Group'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)
	=	(570.2	-	0	-	1147.9)	/	855.484
	=	-0.68

Ventia Services Group'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)
	=	(570.2	-	0	-	1147.9)	/	855.484
	=	-0.68

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.

Ventia Services Group (ASX:VNT) 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.

Ventia Services Group Tangible Book per Share Related Terms

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Ventia Services Group (ASX:VNT) Business Description

Industry

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Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.