GURUFOCUS.COM » STOCK LIST » Technology » Software » Carbonite Inc (NAS:CARB) » Definitions » Tangible Book per Share

Carbonite (Carbonite) Tangible Book per Share : $-19.86 (As of Sep. 2019)


View and export this data going back to 2011. Start your Free Trial

What is Carbonite 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. Carbonite's tangible book value per share for the quarter that ended in Sep. 2019 was $-19.86.

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.


Carbonite Tangible Book per Share Historical Data

The historical data trend for Carbonite'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.

* Premium members only.

Carbonite Tangible Book per Share Chart

Carbonite Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.72 -1.13 -1.16 -3.11 -0.47

Carbonite Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -0.26 -0.47 -20.58 -20.25 -19.86

Competitive Comparison of Carbonite's Tangible Book per Share

For the Software - Infrastructure subindustry, Carbonite'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.


Carbonite's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Carbonite Tangible Book per Share Calculation

Carbonite's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(257.21-0-273.049)/33.9231
=-0.47

Carbonite's Tangible Book Value Per Share for the quarter that ended in Sep. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(246.137-0-935.743)/34.7325
=-19.85

* 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.


Carbonite  (NAS:CARB) 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.


Carbonite Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Carbonite's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Carbonite (Carbonite) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Two Avenue de Lafayette, Boston, MA, USA, 02111
Carbonite Inc is a provider of cloud and hybrid business continuity solutions. Its solutions include Carbonite Personal, which offers unlimited cloud backup for individuals, and Carbonite which offers cloud backup for small and midsize businesses, for an annual flat fee based on the amount of storage needed. Both solutions are packaged at three different service levels. The company derives revenues from subscription fees for its software-as-a-service offerings. A large majority of the firm's revenue is generated in the United States.
Executives
Linda Connly director C/O CARBONITE, INC., TWO AVENUE DE LAFAYETTE, BOSTON MA 02111
Charles Kane director 289 TURNPIKE RD, WESTBORO MA 01581
Anthony Folger officer: Chief Financial Officer C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Todd Krasnow director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Marina Levinson director C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Mohamad Ali director, officer: CEO and President 2 AVENUE DE LAFAYETTE, BOSTON MA 02111
Peter Gyenes director 50 WASHINGTON ST, WESBOROUGH MA 012581
Mv Management X, L.l.c. 10 percent owner 3000 SAND HILL ROAD, BUILDING 4, SUITE 100, MENLO PARK CA 94025
Menlo Ventures X L P 10 percent owner 2884 SAND HILL RD, SUITE 100, MENLO PARK CA 94025
Menlo Entrepreneurs Fund X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Mmef X Lp 10 percent owner C/O MENLO VENTURES, 2884 SAND HILL RD SUITE 100, MENLO PARK CA 94025
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Thomas A. Murray officer: SVP, Marketing C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Gary Hromadko director 301 VELOCITY WAY 5TH FLOOR, FOSTER CITY CA 94404
Crosslink Capital Inc other: Affiliate of Director 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025

Carbonite (Carbonite) Headlines

From GuruFocus

OpenText Commences Tender Offer for Carbonite, Inc.

By PRNewswire PRNewswire 11-25-2019