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Gabelli Healthcare & WellnessRx Trust Tangible Book per Share

: $15.36 (As of Dec. 2021)
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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. Gabelli Healthcare & WellnessRx Trust's tangible book value per share for the quarter that ended in Dec. 2021 was $15.36.

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.


Gabelli Healthcare & WellnessRx Trust Tangible Book per Share Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx Trust'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.

Gabelli Healthcare & WellnessRx Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21
Tangible Book per Share
11.74 10.96 13.10 13.81 15.36

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
Tangible Book per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.10 11.83 13.81 15.19 15.36

Competitive Comparison

For the Asset Management subindustry, Gabelli Healthcare & WellnessRx Trust's Tangible Book per Share, along with its competitors' market caps and Tangible Book per Share 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.

   

Gabelli Healthcare & WellnessRx Trust Tangible Book per Share Distribution

For the Asset Management industry and Financial Services sector, Gabelli Healthcare & WellnessRx Trust's Tangible Book per Share distribution charts can be found below:

* The bar in red indicates where Gabelli Healthcare & WellnessRx Trust's Tangible Book per Share falls into.



Gabelli Healthcare & WellnessRx Trust Tangible Book per Share Calculation

Gabelli Healthcare & WellnessRx Trust's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(263.952-0-0)/17.181
=15.36

Gabelli Healthcare & WellnessRx Trust'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)
=(263.952-0-0)/17.181
=15.36

* 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.


Gabelli Healthcare & WellnessRx Trust  (NYSE:GRX) 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.


Gabelli Healthcare & WellnessRx Trust Tangible Book per Share Related Terms

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


Gabelli Healthcare & WellnessRx Trust Business Description

Gabelli Healthcare & WellnessRx Trust logo
Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least 80% of its assets in equity securities and income-producing securities of domestic & foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment & Supplies, and Pharmaceuticals account for the majority of the weightage.
Executives
Mullady Agnes director ONE CORPORATE CENTER RYE NY 10580
Avansino Calgary director C/O GAMCO INVESTORS, INC. ONE CORPORATE CENTER RYE NY 10580
Foley Leslie Fahrenkopf director C/O GAMCO INVESTORS, INC. ONE CORPORATE CENTER RYE NY 10580
Goldstein Peter D. officer: Secretary 249 ROYAL PALM WAY SUITE 503 PALM BEACH FL 33480
Ball John Chester officer: Treasurer 800 CONNECTICUT AVENUE NORWALK CT 06854
Jonas Jeffrey J. Jr director C/O GAMCO INVESTORS, INC. ONE CORPORATE CENTER RYE NY 10580
Egan Joseph H officer: Treasurer ONE CORPORATE CENTER RYE NY 10580
Nakamura Kuni director 1 MARTIN BUTLER COURT RYE NY 10580
Zizza Salvatore J director 810 SEVENTH AVE 27TH FLOOR NEW YORK NY 10019
Bratter Thomas E director ONE CORPORATE CENTER RYE NY 10580
Alpert Bruce N officer: Acting President/Treasurer C/O GAMCO INVESTORS, INC. ONE CORPORATE CENTER RYE NY 10580
Gpj Retirement Partners, Llc other: Limited Liability Company 1 CORPORATE CENTER RYE NY 10580
Mjg Iv Limited Partnership other: Limited Partnership
Colavita Anthony J director ONE CORPORATE CENTER RYE NY 10580
Gabelli Mario J director C/O GAMCO INVESTORS, INC ONE CORPORATE CENTER RYE NY 10580

Gabelli Healthcare & WellnessRx Trust Headlines

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