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Hour Loop (Hour Loop) Tangible Book per Share : $0.16 (As of Mar. 2024)


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What is Hour Loop 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. Hour Loop's tangible book value per share for the quarter that ended in Mar. 2024 was $0.16.

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.


Hour Loop Tangible Book per Share Historical Data

The historical data trend for Hour Loop'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.

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Hour Loop Tangible Book per Share Chart

Hour Loop Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
0.01 0.12 0.08 0.20 0.13

Hour Loop Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.14 0.14 0.13 0.16

Competitive Comparison of Hour Loop's Tangible Book per Share

For the Internet Retail subindustry, Hour Loop'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.


Hour Loop's Price-to-Tangible-Book Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hour Loop's Price-to-Tangible-Book distribution charts can be found below:

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



Hour Loop Tangible Book per Share Calculation

Hour Loop'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)
=(4.453-0-0)/35.0825
=0.13

Hour Loop's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.538-0-0)/35.1088
=0.16

* 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.


Hour Loop  (NAS:HOUR) 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.


Hour Loop Tangible Book per Share Related Terms

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Hour Loop (Hour Loop) Business Description

Traded in Other Exchanges
N/A
Address
8201 164th Avenue North East, Redmond, WA, USA, 98052-7615
Hour Loop Inc is a technology-enabled consumer products company that uses machine learning and data analytics to design, develop, market, and sell products. Hour Loop predominantly operates through online retail channels such as Amazon, Walmart, and Hourloop.com. The Company, as an Internet marketplace seller, sells products in multiple categories, including home/garden decor, toys, kitchenware, apparel, and electronics.
Executives
Hillary Hui-chong Bui director C/O HOUR LOOP, INC. 8201 164TH AVE. NE, REDMOND WA 98052-7615
Sau Kuen Yu director, 10 percent owner, officer: Senior Vice President C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Rahul Ray Ratan officer: Chief Financial Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Sam Lai director, 10 percent owner, officer: Chief Executive Officer C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Michael Minkin Lenner director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Douglas Ian Branch director C/O HOUR LOOP, INC.,, 8201 164TH AVE NE, #200, REDMOND WA 98052-7615
Minghui Gao director C/O HOUR LOOP, INC., 8201 164TH AVE NE, #200, REDMOND WA 98052-7615

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