GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gesher I Acquisition Corp (NAS:GIAC) » Definitions » Tangible Book per Share

Gesher I Acquisition (Gesher I Acquisition) Tangible Book per Share : $7.55 (As of Sep. 2022)


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

What is Gesher I Acquisition 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. Gesher I Acquisition's tangible book value per share for the quarter that ended in Sep. 2022 was $7.55.

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.


Gesher I Acquisition Tangible Book per Share Historical Data

The historical data trend for Gesher I Acquisition'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.

Gesher I Acquisition Tangible Book per Share Chart

Gesher I Acquisition Annual Data
Trend Sep22
Tangible Book per Share
7.55

Gesher I Acquisition Quarterly Data
Feb21 Jun21 Dec21 Mar22 Jun22 Sep22
Tangible Book per Share Get a 7-Day Free Trial - 7.75 7.70 7.60 7.55

Competitive Comparison of Gesher I Acquisition's Tangible Book per Share

For the Shell Companies subindustry, Gesher I Acquisition'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.


Gesher I Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Gesher I Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Gesher I Acquisition Tangible Book per Share Calculation

Gesher I Acquisition's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(110.094-0-0)/14.575
=7.55

Gesher I Acquisition's Tangible Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(110.094-0-0)/14.575
=7.55

* 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.


Gesher I Acquisition  (NAS:GIAC) 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.


Gesher I Acquisition Tangible Book per Share Related Terms

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


Gesher I Acquisition (Gesher I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR
Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.
Executives
Noah G. Levy director 60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev director C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner director, 10 percent owner, officer: Chief Executive Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc 10 percent owner HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward officer: Chief Financial Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni director, 10 percent owner, officer: Chief Operating Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925