Covista Communications (Covista Communications) Tangible Book per Share : $0.63 (As of Apr. 2005)

Covista Communications Tangible Book per Share Chart

Covista Communications Annual Data
	Trend	Jan96	Jan97	Jan98	Jan99	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05
Tangible Book per Share		Get a 7-Day Free Trial					0.73	0.15	0.37	0.33	0.63

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Tangible Book per Share	Get a 7-Day Free Trial															0.25	0.21	0.62	0.63	0.63

Competitive Comparison of Covista Communications's Tangible Book per Share

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

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

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

Covista Communications Tangible Book per Share Calculation

Covista Communications's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2005 is calculated as

Covista Communications's Tangible Book Value Per Share for the quarter that ended in Apr. 2005 is calculated as

* 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.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications Tangible Book per Share Related Terms

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Covista Communications (Covista Communications) Business Description