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D2L (TSX:DTOL) Tangible Book per Share : C$1.14 (As of Jan. 2024)


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What is D2L 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. D2L's tangible book value per share for the quarter that ended in Jan. 2024 was C$1.14.

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.


D2L Tangible Book per Share Historical Data

The historical data trend for D2L'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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D2L Tangible Book per Share Chart

D2L Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tangible Book per Share
Get a 7-Day Free Trial -3.63 -4.52 1.27 1.18 1.14

D2L Quarterly Data
Jan19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.18 1.27 1.11 1.17 1.14

Competitive Comparison of D2L's Tangible Book per Share

For the Software - Application subindustry, D2L'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.


D2L's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, D2L's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where D2L's Price-to-Tangible-Book falls into.



D2L Tangible Book per Share Calculation

D2L's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(76.35-0-15.049)/53.9781
=1.14

D2L's Tangible Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(76.35-0-15.049)/53.9781
=1.14

* 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.


D2L  (TSX:DTOL) 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.


D2L Tangible Book per Share Related Terms

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D2L (TSX:DTOL) Business Description

Industry
Traded in Other Exchanges
Address
137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave.

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