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Cable One (Cable One) Tangible Book per Share : $-294.05 (As of Dec. 2023)


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What is Cable One 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. Cable One's tangible book value per share for the quarter that ended in Dec. 2023 was $-294.05.

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.


Cable One Tangible Book per Share Historical Data

The historical data trend for Cable One'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.

Cable One Tangible Book per Share Chart

Cable One 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 -157.54 -35.41 -336.72 -318.69 -294.05

Cable One 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 -318.69 -321.89 -317.58 -309.48 -294.05

Competitive Comparison of Cable One's Tangible Book per Share

For the Telecom Services subindustry, Cable One'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.


Cable One's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cable One's Price-to-Tangible-Book distribution charts can be found below:

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



Cable One Tangible Book per Share Calculation

Cable One'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)
=(1873.145-0-3524.839)/5.61699
=-294.05

Cable One'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)
=(1873.145-0-3524.839)/5.61699
=-294.05

* 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.


Cable One  (NYSE:CABO) 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.


Cable One Tangible Book per Share Related Terms

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Cable One (Cable One) Business Description

Traded in Other Exchanges
Address
210 East Earll Drive, Phoenix, AZ, USA, 85012
Cable One Inc is a telecommunications company. It derives revenue from the provision of broadband, voice, and video services to residential and business customers. From a product perspective, the majority of revenue is sourced from data and video services. This revenue is subscription-based and billed monthly. The company also offers Sparklight TV, an internet protocol-based (IPTV) video service that allows customers with our Sparklight TV app to stream our video channels from the cloud. The company also derives advertising revenue from selling airtime on its video channels. Voice services are offered over Internet protocols. The company owns a telecommunications infrastructure.
Executives
Thomas O. Might director, officer: Chairman and CEO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Matthew Armstrong officer: SVP Residential Services 210 E EARLL DRIVE, PHOENIX AZ 85012
P Robert Bartolo director 1220 AUGUSTA DRIVE, SUITE 600, HOUSTON TX 77057
Eric Michael Lardy officer: SVP C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
Christopher D Boone officer: See Remarks 210 E EARLL DR, C/O CABLE ONE, INC., PHOENIX AZ 85012
Thomas Sinnickson Gayner director C/O MARKEL CORP, 4521 HIGHWOODS PARKWAY, GLEN ALLEN VA 23060
Brad D. Brian director C/O CABLE ONE, INC., 210 E. EARLL DRIVE, PHOENIX AZ 85012
James A Obermeyer officer: SVP, Marketing & Sales C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Peter N. Witty officer: See Remarks CABLE ONE, 210 E. EARLL DRIVE, PHOENIX AZ 85012
Wallace R Weitz director 210 E. EARLL DRIVE, PHOENIX AZ 85012
Steven Scott Cochran officer: SVP C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
Julia M. Laulis officer: President and COO 210 E. EARLL DRIVE, PHOENIX AZ 85012
Todd M Koetje officer: See Remarks CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Margaret Masoner Detz officer: SVP, Human Resources C/O CABLE ONE, INC., 210 E EARLL DR, PHOENIX AZ 85012
Katharine Weymouth director 1300 NORTH 17TH STREET, SUITE 1700, ARLINGTON VA 22209

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