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Smart Employee Benefits (TSXV:SEB) Tangible Book per Share : C$-0.17 (As of Aug. 2022)


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What is Smart Employee Benefits 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. Smart Employee Benefits's tangible book value per share for the quarter that ended in Aug. 2022 was C$-0.17.

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.


Smart Employee Benefits Tangible Book per Share Historical Data

The historical data trend for Smart Employee Benefits'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.

Smart Employee Benefits Tangible Book per Share Chart

Smart Employee Benefits Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.14 -0.14 -0.15 -0.13 -0.15

Smart Employee Benefits Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -0.14 -0.15 -0.16 -0.16 -0.17

Competitive Comparison of Smart Employee Benefits's Tangible Book per Share

For the Information Technology Services subindustry, Smart Employee Benefits'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.


Smart Employee Benefits's Price-to-Tangible-Book Distribution in the Software Industry

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

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



Smart Employee Benefits Tangible Book per Share Calculation

Smart Employee Benefits's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-16.776-0-8.479)/171.047
=-0.15

Smart Employee Benefits's Tangible Book Value Per Share for the quarter that ended in Aug. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-21.878-0-8.358)/173.509
=-0.17

* 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.


Smart Employee Benefits  (TSXV:SEB) 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.


Smart Employee Benefits Tangible Book per Share Related Terms

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Smart Employee Benefits (TSXV:SEB) Business Description

Traded in Other Exchanges
N/A
Address
5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7
Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.

Smart Employee Benefits (TSXV:SEB) Headlines