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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. Hennessy Capital Investment VI's tangible book value per share for the quarter that ended in Sep. 2024 was $1.11.
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.
The historical data trend for Hennessy Capital Investment VI'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.
Hennessy Capital Investment VI Annual Data | |||||||
Trend | Dec21 | Dec22 | Dec23 | ||||
Tangible Book per Share | 6.95 | 7.28 | 7.11 |
Hennessy Capital Investment VI Quarterly Data | |||||||||||||||
Jan21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Tangible Book per Share | Get a 7-Day Free Trial | 6.88 | 7.11 | 2.77 | 2.46 | 1.11 |
For the Shell Companies subindustry, Hennessy Capital Investment VI'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.
For the Diversified Financial Services industry and Financial Services sector, Hennessy Capital Investment VI's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Hennessy Capital Investment VI's Price-to-Tangible-Book falls into.
Hennessy Capital Investment VI'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) |
= | (264.198 | - | 0 | - | 0) | / | 37.1621 | |
= | 7.11 |
Hennessy Capital Investment VI's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (16.241 | - | 0 | - | 0) | / | 14.6408 | |
= | 1.11 |
* 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.
Hennessy Capital Investment VI (NAS:HCVI) 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.
Thank you for viewing the detailed overview of Hennessy Capital Investment VI's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Atlas Merchant Capital Llc | 10 percent owner | 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022 |
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Arena Short Duration High Yield Fund, L.p.- Series G | 10 percent owner | 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025-1164 |
Arena Short Duration High Yield Fund, Lp - Series D | 10 percent owner | 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025 |
Arena Vii, Llc | 10 percent owner | 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025 |
Arena Short Duration High Yield Fund, Lp- Series E | 10 percent owner | 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025 |
Arena Short Duration High Yield Fund, Lp - Series C | 10 percent owner | 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025 |
Arena Short Duration High Yield Fund, Lp - Series B | 10 percent owner | 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025 |
Arena Short Duration High Yield Fund, Lp - Series A | 10 percent owner | 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025 |
Richard H Fearon | director | 1239 GERBING ROAD, AMELIA ISLAND FL 32034 |
Hennessy Capital Partners Vi Llc | 10 percent owner | 3415 N. PINES WAY, SUITE 204, WILSON WY 83014 |
Greg Ethridge | director, 10 percent owner, officer: PRESIDENT AND COO | 585 WEED STREET, NEW CANAAN CT 06840 |
Nicholas A Petruska | 10 percent owner, officer: EVP, CFO AND SECRETARY | 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606 |
Hennessy Capital Group Llc | 10 percent owner | 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606 |
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