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Independent Film Development (Independent Film Development) Tangible Book per Share : $-0.01 (As of Jun. 2016)


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What is Independent Film Development 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. Independent Film Development's tangible book value per share for the quarter that ended in Jun. 2016 was $-0.01.

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.


Independent Film Development Tangible Book per Share Historical Data

The historical data trend for Independent Film Development'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.

Independent Film Development Tangible Book per Share Chart

Independent Film Development Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only -72.54 -150.38 -119.70 -36.77 -0.02

Independent Film Development Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 Premium Member Only Premium Member Only Premium Member Only -1.90 -0.02 -0.01 -0.01 -0.01

Competitive Comparison of Independent Film Development's Tangible Book per Share

For the Entertainment subindustry, Independent Film Development'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.


Independent Film Development's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Independent Film Development's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Independent Film Development's Price-to-Tangible-Book falls into.



Independent Film Development Tangible Book per Share Calculation

Independent Film Development's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.545-0.046-0)/67.3981
=-0.02

Independent Film Development's Tangible Book Value Per Share for the quarter that ended in Jun. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.365-0.001-0)/323.474
=-0.01

* 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.


Independent Film Development  (OTCPK:IFLM) 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.


Independent Film Development Tangible Book per Share Related Terms

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Independent Film Development (Independent Film Development) Business Description

Traded in Other Exchanges
N/A
Address
2732 Morse Avenue, Suite 413, Irvine, CA, USA, 92614
Independent Film Development Corp has its business spread through three domains. It holds interests in C2C Restaurant Group, Inc. (C2C), a restaurant holding company. The company focuses on the development of content creation/distribution projects, both in the form of original theatrical material, as well as related and/or derivative programming related to the operations of C2C. The firm also intends to acquire real estate assets.
Executives
Rachel Boulds Cpa, Pllc officer: CFO 6371 S. GLENOAKS STREET, MURRAY UT 84107

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