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Ebix (EBIXQ) Tangible Book per Share : $-11.20 (As of Sep. 2023)


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What is Ebix 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. Ebix's tangible book value per share for the quarter that ended in Sep. 2023 was $-11.20.

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.


Ebix Tangible Book per Share Historical Data

The historical data trend for Ebix'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.

Ebix Tangible Book per Share Chart

Ebix Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.85 -16.74 -14.03 -12.23 -11.27

Ebix Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -11.30 -11.27 -10.86 -10.74 -11.20

Competitive Comparison of Ebix's Tangible Book per Share

For the Software - Application subindustry, Ebix'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.


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

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

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



Ebix Tangible Book per Share Calculation

Ebix'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)
=(617.225-0-964.566)/30.8195
=-11.27

Ebix's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(611.085-0-957.17)/30.8993
=-11.20

* 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.


Ebix  (OTCPK:EBIXQ) 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.


Ebix Tangible Book per Share Related Terms

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


Ebix (EBIXQ) Business Description

Industry
Traded in Other Exchanges
Address
1 Ebix Way, Johns Creek, GA, USA, 30097
Ebix Inc is a provider of enterprise cloud e-commerce solutions for the insurance, finance, and healthcare industries. The company derives its revenues primarily from its financial transaction fees, software subscription, and transaction fees, software license fees, risk compliance solutions services fees, and professional service fees, including associated fees for consulting, implementation, training, and project management provided to customers with installed systems and applications. These exchanges connect multiple entities within the insurance and healthcare markets, enabling participants to carry and process data from one entity to another. Ebix generates the majority of its revenue from India.
Executives
Elizabeth A. Lapuma director 520 LAKE COOK ROAD, SUITE 315, DEERFIELD IL 60015
Jill M Krueger director
Priyanka Kaul director 1 EBIX WAY, JOHNS CREEK GA 30097
Senge James Scott Sr officer: Senior Vice President 1629 SEEGAR ROAD, PITTSBURGH PA 15241
Neil D Eckert director 62 BISHOPSGATE, LONDON X0 EC2N 4AW
Steven M Hamil officer: Chief Financial Officer 1 EBIX WAY, JOHNS CREEK GA 30097
Robin Raina director, officer: Chairman & CEO 5 CONCOURSE PARKWAY S 3200, ATLANTA GA 30328
Pavan Bhalla director 1109 BRECKENRIDGE LANE, ALPHARETTA GA 30005
Hans Ueli Keller director BOHLSTRASSE 25, 6300, ZUG V8 6300
Rolf Herter director STOCKERSTRASSE 38, ZURICH V8 CH-8002
Hans U Benz director AGERISTRASSE 24, ZUG V8 CH-6300
George Hebard director C/O ICAHN CAPITAL LP, 767 FIFTH AVE., SUITE 4700, NEW YORK NY 10153
Robert F Kerris officer: Chief Financial Officer 2840 TALIMORE COURT, MARIETTA GA 30066
Fondation Rennes 10 percent owner RATIKONSTRASSE 13, VADUZ, PRINCIPALITY OF LIECHTENSTEIN N2 FL-9490
D'apice Leon Royden Thomas officer: See Remarks 1 URALBA PLACE, WAHROONGA NSW C3 2076