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Kore Group Holdings (Kore Group Holdings) Tangible Book per Share : $-5.17 (As of Dec. 2023)


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What is Kore Group Holdings 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. Kore Group Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was $-5.17.

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.


Kore Group Holdings Tangible Book per Share Historical Data

The historical data trend for Kore Group Holdings'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.

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Kore Group Holdings Tangible Book per Share Chart

Kore Group Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
- -8.39 -4.42 -5.00 -5.17

Kore Group Holdings Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -5.00 -5.07 -4.57 -4.61 -5.17

Competitive Comparison of Kore Group Holdings's Tangible Book per Share

For the Telecom Services subindustry, Kore Group Holdings'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.


Kore Group Holdings's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kore Group Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Kore Group Holdings Tangible Book per Share Calculation

Kore Group Holdings'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)
=(36.973-0-462.561)/82.3827
=-5.17

Kore Group Holdings'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)
=(36.973-0-462.561)/82.3827
=-5.17

* 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.


Kore Group Holdings  (NYSE:KORE) 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.


Kore Group Holdings Tangible Book per Share Related Terms

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Kore Group Holdings (Kore Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
3 Ravinia Dr, Suite 500, Alpharetta, GA, USA, 30346
Kore Group Holdings Inc provides Internet of Things (IoT) solutions and services. In addition to providing critical services to customers globally, it enables them to manage, deploy, and scale their IoT applications and use cases. It offers connectivity services, location-based services, device solutions, and managed and professional services for the development and support of IoT technology for the Machine-to-Machine market. It derives revenue from IoT Connectivity services, IoT Solutions services, SIMs (IoT Connectivity), and IoT devices (IoT Solutions).
Executives
Romil Bahl director, officer: Chief Executive Officer 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Jason Dietrich officer: EVP, Chief Rev. Officer 3 RAVINIA DRIVE NE, SUITE 500, ATLANTA GA 30346
Twilio Inc 10 percent owner 101 SPEAR STREET, SUITE 500, San Francisco CA 94105
Robert P Macinnis director C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022
Tomer Yosef-or director C/O ABRY BROADCAST PARTNERS, 111 HUNTINGTON AVE., 30TH FLOOR, BOSTON MA 02199
Kennedy Jack William Jr. officer: See Remarks 1871 ASPEN DR NE, ATLANTA GA 30345
Tushar K. Sachdev officer: See Remarks 600 GALLERIA PARKWAY, SUITE 100, ATLANTA GA 30339
Paul Holtz officer: See Remarks C/O KORE, 3700 MANSELL ROAD, SUITE 300, ALPHARETTA GA 30022
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
James E Geisler director 2087 BRIDGEPORT DR, LEXINGTON KY 40502
Paulett Eberhart director C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Mark A Neporent director C/O CERBERUS PARTNERS LP, 450 PARK AVENUE 28TH FLOOR, NEW YORK NY 10022
Louise P Winstone officer: See Remarks 3700 MANSELL RD., SUITE 300, ALPHARETTA GA 30022
R Michael Thurston officer: See Remarks 1170 PEACHTREE STREET, SUITE 900, ATLANTA GA 30309
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220