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Simply (Simply) Tangible Book per Share : $-0.66 (As of Jan. 2022)


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What is Simply 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. Simply's tangible book value per share for the quarter that ended in Jan. 2022 was $-0.66.

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.


Simply Tangible Book per Share Historical Data

The historical data trend for Simply'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.

Simply Tangible Book per Share Chart

Simply Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Jan20 Jan21 Jan22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.54 -2.92 -3.20 -0.47 -0.66

Simply Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 -0.47 -0.58 -0.69 -0.36 -0.66

Competitive Comparison of Simply's Tangible Book per Share

For the Specialty Retail subindustry, Simply'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.


Simply's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Simply's Price-to-Tangible-Book distribution charts can be found below:

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



Simply Tangible Book per Share Calculation

Simply's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-5.966-0-2.478)/12.886
=-0.66

Simply's Tangible Book Value Per Share for the quarter that ended in Jan. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-5.966-0-2.478)/12.886
=-0.66

* 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.


Simply  (OTCPK:SIMPQ) 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.


Simply Tangible Book per Share Related Terms

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Simply (Simply) Business Description

Traded in Other Exchanges
N/A
Address
10801 NW 97th Street, Suite 09, Miami, FL, USA, 33178
Simply Inc through its subsidiary, operates a chain of retail electronics stores and is an authorized reseller of Apple products and other high-profile consumer electronic brands. It operates business in a single segment in the United States through its Simply Mac retail stores.
Executives
House Of Lithium Llc 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Sol Global Investments Corp. 10 percent owner 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Sol Verano Blocker 1 Llc 10 percent owner, other: Wholly-Owned Subsidiary 100 KING STREET WEST, SUITE 5600, TORONTO A6 M5X 1C9
Reinier Voigt officer: Chief Operating Officer 48 NW 25TH STREET, MIAMI FL 33127
Kevin Taylor director, other: Chairman of the Board C/O COOL HOLDINGS, INC., 2001 NW 84TH AVENUE, MIAMI FL 33122
Vincent Earl Virga director C/O COOL HOLDINGS, INC., 2001 NW 84TH AVENUE, MIAMI FL 33122
Caravel Cad Fund Ltd. 10 percent owner #6 LYFORD CAY SHOPPING CENTRE, NEW PROVIDENCE C5 00000
Michael Galloro director 48 NW 25TH STREET, SUITE 108, MIAMI FL 33127
Mauricio Diaz director, officer: CEO 48 NW 25 ST 108, MIAMI FL 33127
Carlos Felipe Rezk director, officer: Chief Sales & Mktg Officer 48 NW 25TH STREET 108, MIAMI FL 33127
Carlos Alfredo Carrasco officer: Chief Financial Officer 48 NW, 25TH ST., MIAMI FL 33127
Andrew Anthony Defrancesco director 2300 E LAS OLAS BLVD., 5TH FLOOR, FORT LAUDERDALE FL 33301
Aaron Serruya director 48 NW 25TH STREET, MIAMI FL 33127
Vernon A Loforti officer: Chief Financial Officer 4350 EXECUTIVE DRIVE, SUITE 100, SAN DIEGO CA 92121
Roger Laungani officer: Interim CFO 4350 EXECUTIVE DRIVE, SUITE 100, SAN DIEGO CA 92121