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WeCommerce Holdings (TSXV:WE) Tangible Book per Share : C$-1.05 (As of Dec. 2022)


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What is WeCommerce 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. WeCommerce Holdings's tangible book value per share for the quarter that ended in Dec. 2022 was C$-1.05.

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.


WeCommerce Holdings Tangible Book per Share Historical Data

The historical data trend for WeCommerce 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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WeCommerce Holdings Tangible Book per Share Chart

WeCommerce Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
-0.20 1.26 -1.47 -1.05

WeCommerce Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 -1.47 -1.09 -1.07 -1.12 -1.05

Competitive Comparison of WeCommerce Holdings's Tangible Book per Share

For the Software - Application subindustry, WeCommerce 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.


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

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

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



WeCommerce Holdings Tangible Book per Share Calculation

WeCommerce Holdings's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(112.33-0-155.916)/41.6148
=-1.05

WeCommerce Holdings's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(112.33-0-155.916)/41.6148
=-1.05

* 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.


WeCommerce Holdings  (TSXV:WE) 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.


WeCommerce Holdings Tangible Book per Share Related Terms

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WeCommerce Holdings (TSXV:WE) Business Description

Traded in Other Exchanges
N/A
Address
329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2
WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

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