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eFleets (eFleets) Tangible Book per Share : $-0.77 (As of Jun. 2014)


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What is eFleets 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. eFleets's tangible book value per share for the quarter that ended in Jun. 2014 was $-0.77.

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.


eFleets Tangible Book per Share Historical Data

The historical data trend for eFleets'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.

eFleets Tangible Book per Share Chart

eFleets Annual Data
Trend May09 May10 May11 May12 Dec13
Tangible Book per Share
- - -0.01 -0.01 -0.67

eFleets Quarterly Data
Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 Jun13 Sep13 Dec13 Mar14 Jun14
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 -0.48 -0.60 -0.67 -0.74 -0.77

Competitive Comparison of eFleets's Tangible Book per Share

For the Auto Manufacturers subindustry, eFleets'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.


eFleets's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, eFleets's Price-to-Tangible-Book distribution charts can be found below:

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



eFleets Tangible Book per Share Calculation

eFleets's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-5.674-0-0)/8.43706
=-0.67

eFleets's Tangible Book Value Per Share for the quarter that ended in Jun. 2014 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-6.812-0-0)/8.87974
=-0.77

* 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.


eFleets  (GREY:EFLT) 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.


eFleets Tangible Book per Share Related Terms

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eFleets (eFleets) Business Description

Traded in Other Exchanges
N/A
Address
7660 Pebble Drive, Fort Worth, TX, USA, 76118
Website
eFleets Corp is focused on the design, development and manufacturing of an all-electric fleet vehicle for the essential services market. The company's all-electric vehicles are designed for use in traffic control/parking enforcement, security, small package delivery, military, maintenance, airport services, warehouses, and other comparable utility application. Its electric vehicles offer a zero-emission, high performance, low-maintenance and affordable alternative to specifically meet the needs of fleet vehicles in the essential services market. The company is focused on developing technology for its battery management and integrated drive system, which maximizes energy efficiency to satisfy the needs of its customers.

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