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iFabric (iFabric) Tangible Book per Share : $0.58 (As of Jun. 2023)


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What is iFabric 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. iFabric's tangible book value per share for the quarter that ended in Jun. 2023 was $0.58.

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.


iFabric Tangible Book per Share Historical Data

The historical data trend for iFabric'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.

iFabric Tangible Book per Share Chart

iFabric Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.32 0.27 0.27 0.59

iFabric Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.59 0.57 0.56 0.56 0.58

Competitive Comparison of iFabric's Tangible Book per Share

For the Apparel Manufacturing subindustry, iFabric'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.


iFabric's Price-to-Tangible-Book Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, iFabric's Price-to-Tangible-Book distribution charts can be found below:

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



iFabric Tangible Book per Share Calculation

iFabric's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(17.573-0-0.043)/29.6245
=0.59

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

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(17.625-0-0.041)/30.2995
=0.58

* 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.


iFabric  (OTCPK:IFABF) 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.


iFabric Tangible Book per Share Related Terms

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iFabric (iFabric) Business Description

Traded in Other Exchanges
Address
525 Denison Street, Unit 1, Markham, ON, CAN, L3R 1B8
iFabric Corp is engaged in the business of women's intimate apparel. It has three business segments. The Intimate apparel segment is involved in the design and distribution of women's intimate apparel, and accessories. Its Intelligent fabric segment develops and distributes innovative products and treatments that are suitable for application to textiles, plastics, liquids, and hard surfaces as well as finished performance apparel. The other segment engages in the leasing of property to group companies, related parties, and third parties. Its geographical segments include Canada, United States, United Kingdom, and Southeast Asia & others. The company derives the majority of its revenue from the Intimate apparel segment and its geographical location of Canada.