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BTHC XV (BTHC XV) Tangible Book per Share : $1.07 (As of Dec. 2011)


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What is BTHC XV 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. BTHC XV's tangible book value per share for the quarter that ended in Dec. 2011 was $1.07.

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.


BTHC XV Tangible Book per Share Historical Data

The historical data trend for BTHC XV'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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BTHC XV Tangible Book per Share Chart

BTHC XV Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Tangible Book per Share
Get a 7-Day Free Trial -0.03 -0.03 19.27 0.78 1.07

BTHC XV Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Tangible Book per Share Get a 7-Day Free Trial -0.03 -0.03 19.27 0.78 1.07

Competitive Comparison of BTHC XV's Tangible Book per Share

For the Conglomerates subindustry, BTHC XV'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.


BTHC XV's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, BTHC XV's Price-to-Tangible-Book distribution charts can be found below:

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



BTHC XV Tangible Book per Share Calculation

BTHC XV's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2011 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(19.524-0-0.261)/18.09
=1.06

BTHC XV's Tangible Book Value Per Share for the quarter that ended in Dec. 2011 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(19.524-0-0.261)/18.09
=1.06

* 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.


BTHC XV  (OTCPK:BTXV) 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.


BTHC XV Tangible Book per Share Related Terms

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BTHC XV (BTHC XV) Business Description

Traded in Other Exchanges
N/A
Address
Website
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, COB, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

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