GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » The York Water Co (NAS:YORW) » Definitions » Tangible Book per Share

The York Water Co (The York Water Co) Tangible Book per Share : $15.43 (As of Dec. 2023)


View and export this data going back to 1999. Start your Free Trial

What is The York Water Co 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. The York Water Co's tangible book value per share for the quarter that ended in Dec. 2023 was $15.43.

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.


The York Water Co Tangible Book per Share Historical Data

The historical data trend for The York Water Co'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.

The York Water Co Tangible Book per Share Chart

The York Water Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.31 10.97 11.64 14.50 15.43

The York Water Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.50 14.58 14.85 15.20 15.43

Competitive Comparison of The York Water Co's Tangible Book per Share

For the Utilities - Regulated Water subindustry, The York Water Co'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.


The York Water Co's Price-to-Tangible-Book Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, The York Water Co's Price-to-Tangible-Book distribution charts can be found below:

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



The York Water Co Tangible Book per Share Calculation

The York Water Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(221.178-0-0)/14.3322
=15.43

The York Water Co's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(221.178-0-0)/14.3322
=15.43

* 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.


The York Water Co  (NAS:YORW) 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.


The York Water Co Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of The York Water Co's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The York Water Co (The York Water Co) Business Description

Traded in Other Exchanges
Address
130 East Market Street, York, PA, USA, 17401
The York Water Co is an investor-owned water utility company in the United States. The primary business of the company is to impound, purify to meet or exceed safe drinking water standards and distribute water. It also owns and operates three wastewater collection systems and two wastewater treatment systems. The company operates within its franchised territory, which covers more than 54 municipalities within York County, Pennsylvania.
Executives
Steven R Rasmussen director 130 EAST MARKET STREET, YORK PA 17401-1219
Alexandra C Chiaruttini officer: CAO & General Counsel 130 EAST MARKET STREET, YORK PA 17401
Vernon L Bracey officer: Vice President-Customer Svc 130 EAST MARKET STREET, YORK PA 17401-1219
Joseph Thomas Hand officer: Chief Operating Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Mark S Snyder officer: Vice President-Engineering 130 EAST MARKET STREET, YORK PA 17401-1219
Natalee Colon officer: VP-Human Resources 130 EAST MARKET STREET, YORK PA 17401
Matthew E Poff officer: Chief Financial Officer 130 EAST MARKET STREET, YORK PA 17401-1219
Douglas S Brossman director 130 E MARKET STREET, YORK PA 17401
Matthew J Scarpato officer: VP- Operations 130 EAST MARKET STREET, YORK PA 17401
Laura T Wand director 130 EAST MARKET STREET, YORK PA 17401
Mark A Wheeler officer: Chief Administrative Officer 130 EAST MARKET STREET, YORK PA 17401
Kain George Hay Iii Esq director 130 EAST MARKET STREET, YORK PA 17401-1219
Paul R Bonney director 130 EAST MARKET STREET, YORK PA 17401
Cynthia Dotzel director 105 LEADER HEIGHTS ROAD, YORK PA 17403
Jody L Keller director 130 EAST MARKET STREET, YORK PA 17401-1219

The York Water Co (The York Water Co) Headlines

From GuruFocus

York Water Company Files for Rate Increase

By GuruFocusNews GuruFocusNews 05-27-2022

A Duo of Risky Picks That Could Pay Off

By Alberto Abaterusso 02-28-2022

York Water Company Reports 2nd Quarter and Six Months Earnings

By Marketwired Marketwired 08-06-2020

York Water Company Reports 2nd Quarter and Six Months Earnings

By Marketwired Marketwired 08-05-2021

The York Water Company Reports Three Months Earnings

By sperokesalga sperokesalga 05-02-2023