GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Macquarie Infrastructure Holdings LLC (NYSE:MIC) » Definitions » Tangible Book per Share

Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Tangible Book per Share : $2.06 (As of Mar. 2022)


View and export this data going back to 2004. Start your Free Trial

What is Macquarie Infrastructure Holdings LLC 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. Macquarie Infrastructure Holdings LLC's tangible book value per share for the quarter that ended in Mar. 2022 was $2.06.

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.


Macquarie Infrastructure Holdings LLC Tangible Book per Share Historical Data

The historical data trend for Macquarie Infrastructure Holdings LLC'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.

Macquarie Infrastructure Holdings LLC Tangible Book per Share Chart

Macquarie Infrastructure Holdings LLC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 1.55 19.62 8.70 1.93

Macquarie Infrastructure Holdings LLC Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 -1.93 -1.63 2.09 1.93 2.06

Competitive Comparison of Macquarie Infrastructure Holdings LLC's Tangible Book per Share

For the Utilities - Regulated Gas subindustry, Macquarie Infrastructure Holdings LLC'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.


Macquarie Infrastructure Holdings LLC's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Macquarie Infrastructure Holdings LLC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Macquarie Infrastructure Holdings LLC's Price-to-Tangible-Book falls into.



Macquarie Infrastructure Holdings LLC Tangible Book per Share Calculation

Macquarie Infrastructure Holdings LLC'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)
=(294.904-0-124.691)/88.3438
=1.93

Macquarie Infrastructure Holdings LLC's Tangible Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(307.069-0-124.585)/88.8055
=2.05

* 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.


Macquarie Infrastructure Holdings LLC  (NYSE:MIC) 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.


Macquarie Infrastructure Holdings LLC Tangible Book per Share Related Terms

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


Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Business Description

Traded in Other Exchanges
N/A
Address
125 West 55th Street, New York, NY, USA, 10019
Macquarie Infrastructure Holdings LLC is a diversified business company. The company's business comprises (i) Hawaii Gas, Hawaii's only government-franchised gas utility and an unregulated LPG distribution business providing gas and related services to industrial, commercial, residential, and governmental customers; (ii) controlling interests in two solar facilities on Oahu; and (iii) smaller projects collectively engaged in efforts to reduce the cost and improve the reliability and sustainability of energy in Hawaii. The company serves corporations, government agencies, and individual customers primarily in the United States.
Executives
Christopher Frost director, officer: Chief Executive Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Nick O'neil officer: Chief Financial Officer C/O MACQUARIE INFRASTRUCTURE CORPORATION 125 WEST 55TH STREET NEW YORK NY 10019
Michael Kernan officer: General Counsel and Secretary 125 W 55TH STREET NEW YORK NY 10019
Jay Davis officer: Vice President 125 W. 55TH STREET LEVEL 15 NEW YORK NY 10019
Martin Stanley director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Ronald Kirk director TEXAS INSTRUMENTS INCORPORATED, 12500 TI BOULEVARD MS 3999, DALLAS TX 75243
Maria S. Dreyfus director 125 WEST 55TH STREET, 15TH FLOOR, NEW YORK NY 10019
Ouma Sananikone director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC, 125 WEST 55TH STREET, NEW YORK NY 10019
Henry E Lentz director ONE WILLIAMS CENTER, SUITE 3800, TULSA OK 74172
Amanda M Brock director 840 GESSNER ROAD, SUITE 1400, HOUSTON TX 77024
Brown Norman H Jr director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 125 WEST 55TH STREET NEW YORK NY 10019
Mihi Llc director, 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Infrastructure Management (usa) Inc director, 10 percent owner 125 WEST 55TH STREET, 15TH FLOOR NEW YORK NY 10019
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Carmany George W Iii other: Former Director C/O MACQUARIE INFRASTRUCTURE COMPANY LLC 600 FIFTH AVENUE, 21ST FLOOR NEW YORK NY 10020

Macquarie Infrastructure Holdings LLC (Macquarie Infrastructure Holdings LLC) Headlines

From GuruFocus

EPIQ PARTNERS, LLC Buys 3, Sells 2 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-07-2023

MIC Provides Update on Year-to-Date Operating Performance

By Business Wire Business Wire 03-18-2020

MIC Announces Results of Voting at Special Meeting of Shareholders

By Business Wire Business Wire 09-21-2021