GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Vertical Aerospace Ltd (NYSE:EVTL) » Definitions » Tangible Book per Share

Vertical Aerospace (Vertical Aerospace) Tangible Book per Share : $-0.29 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Vertical Aerospace 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. Vertical Aerospace's tangible book value per share for the quarter that ended in Dec. 2023 was $-0.29.

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.


Vertical Aerospace Tangible Book per Share Historical Data

The historical data trend for Vertical Aerospace'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.

Vertical Aerospace Tangible Book per Share Chart

Vertical Aerospace Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
0.02 -0.03 0.37 0.03 -0.29

Vertical Aerospace Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 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 -0.23 0.03 -0.03 -0.15 -0.29

Competitive Comparison of Vertical Aerospace's Tangible Book per Share

For the Aerospace & Defense subindustry, Vertical Aerospace'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.


Vertical Aerospace's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Vertical Aerospace's Price-to-Tangible-Book distribution charts can be found below:

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



Vertical Aerospace Tangible Book per Share Calculation

Vertical Aerospace'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)
=(-63.011-0-1.289)/221.249
=-0.29

Vertical Aerospace'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)
=(-63.011-0-1.289)/221.249
=-0.29

* 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.


Vertical Aerospace  (NYSE:EVTL) 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.


Vertical Aerospace Tangible Book per Share Related Terms

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


Vertical Aerospace (Vertical Aerospace) Business Description

Traded in Other Exchanges
Address
Chapel Street, Unit 1 Camwal Court, Bristol, GBR, BS2 0UW
Vertical Aerospace Ltd is engaged in making air travel personal, on-demand, and carbon-free. The VX4, Vertical's flagship aircraft, is a piloted electric vertical take-off and landing (eVTOL) vehicle capable of carrying four passengers.