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E Split (FRA:784) Tangible Book per Share : €7.47 (As of Dec. 2023)


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What is E Split 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. E Split's tangible book value per share for the quarter that ended in Dec. 2023 was €7.47.

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.


E Split Tangible Book per Share Historical Data

The historical data trend for E Split'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.

E Split Tangible Book per Share Chart

E Split Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial 11.21 6.33 9.22 9.83 7.47

E Split Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9.22 11.23 9.83 8.31 7.47

Competitive Comparison of E Split's Tangible Book per Share

For the Asset Management subindustry, E Split'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.


E Split's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, E Split's Price-to-Tangible-Book distribution charts can be found below:

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



E Split Tangible Book per Share Calculation

E Split'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)
=(160.989-0-0)/21.5639
=7.47

E Split'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)
=(160.989-0-0)/21.5639
=7.47

* 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.


E Split  (FRA:784) 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.


E Split Tangible Book per Share Related Terms

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E Split (FRA:784) Business Description

Traded in Other Exchanges
Address
100 King Street West, 58th Floor, 1st Canadian Place, P.O. Box 192, Toronto, ON, CAN, M5X 1A6
E Split Corp. is a mutual fund company. The company has a portfolio comprised of common shares of Enbridge, a North American oil and gas pipeline, gas processing and natural gas distribution company. The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, and for Class A Shares are to provide holders with non-cumulative monthly cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the Portfolio.

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