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Crown Castle (Crown Castle) Tangible Book per Share

: $-15.87 (As of Dec. 2023)
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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. Crown Castle's tangible book value per share for the quarter that ended in Dec. 2023 was $-15.87.

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.


Crown Castle Tangible Book per Share Historical Data

The historical data trend for Crown Castle'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.

Crown Castle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.64 -11.72 -13.58 -14.39 -15.87

Crown Castle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share 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 Premium Member Only Premium Member Only Premium Member Only -14.39 -14.65 -14.81 -15.42 -15.87

Competitive Comparison

For the REIT - Specialty subindustry, Crown Castle'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.


Crown Castle Price-to-Tangible-Book Distribution

For the REITs industry and Real Estate sector, Crown Castle's Price-to-Tangible-Book distribution charts can be found below:

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



Crown Castle Tangible Book per Share Calculation

Crown Castle'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)
=(6381-0-13264)/433.689
=-15.87

Crown Castle'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)
=(6381-0-13264)/433.689
=-15.87

* 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.


Crown Castle  (NYSE:CCI) 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.


Crown Castle Tangible Book per Share Related Terms

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


Crown Castle (Crown Castle) Business Description

Industry
Traded in Other Exchanges
Address
8020 Katy Freeway, Houston, TX, USA, 77024-1908
Crown Castle International owns and leases roughly 40,000 cell towers in the United States. It also owns more than 85,000 route miles of fiber. It leases space on its towers to wireless service providers, which install equipment on the towers to support their wireless networks. The company's fiber is primarily leased by wireless service providers to set up small-cell network infrastructure and by enterprises for their internal connection needs. Crown Castle's towers and fiber are predominantly located in the largest U.S. cities. The company has a very concentrated customer base, with more than 70% of its revenue coming from the big three U.S. mobile carriers. Crown Castle operates as a real estate investment trust.
Executives
Robert Sean Collins officer: Vice President and Controller 8020 KATY FREEWAY, HOUSTON TX 77024
Maria M Pope director C/O PORTLAND GENERAL ELECTRIC CO., 121 SW SALMON ST, PORTLAND OR 97204
Kevin T Kabat director UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Kevin A Stephens director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Laura B Nichol officer: EVP - Business Support 8020 KATY FREEWAY, HOUSTON TX 77024
Christopher Levendos officer: EVP & COO - Fiber 8020 KATY FREEWAY, HOUSTON TX 77024
Adams Edward B Jr officer: EVP and General Counsel 8020 KATY FREEWAY, HOUSTON TX 77024
Matthew Iii Thornton director 3610 HACKS CROSS ROAD, MEMPHIS TN 38125
Michael Joseph Kavanagh officer: SVP & Chief Commercial Officer 8020 KATY FREEWAY, HOUSTON TX 77024
Catherine Piche officer: EVP & COO-Towers 8020 KATY FREEWAY, HOUSTON TX 77024
Daniel K Schlanger officer: SVP & Chief Financial Officer 8020 KATY FREEWAY, HOUSTON TX 77024
J Landis Martin director TIMET CORP, 1999 BROADWAY SUITE 4300, DENVER CO 80202
Kenneth Jay Simon officer: SVP and General Counsel 8020 KATY FREEWAY, HOUSTON TX 77024
James D Young officer: SVP & Chief Operating Officer 510 BERING DRIVE, SUITE 500, HOUSTON TX 77057
Tammy Jones director MONOGRAM RESIDENTIAL TRUST,INC., 5800 GRANITE PARKWAY, SUITE 1000, PLANO TX 75024