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IIPZF (InterRent Real Estate Investment Trust) Tangible Book per Share : $12.58 (As of Sep. 2024)


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What is InterRent Real Estate Investment Trust 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. InterRent Real Estate Investment Trust's tangible book value per share for the quarter that ended in Sep. 2024 was $12.58.

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.


InterRent Real Estate Investment Trust Tangible Book per Share Historical Data

The historical data trend for InterRent Real Estate Investment Trust'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.

InterRent Real Estate Investment Trust Tangible Book per Share Chart

InterRent Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.76 11.67 13.49 12.96 13.25

InterRent Real Estate Investment Trust Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 13.07 13.25 13.19 12.87 12.58

Competitive Comparison of InterRent Real Estate Investment Trust's Tangible Book per Share

For the REIT - Residential subindustry, InterRent Real Estate Investment Trust'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.


InterRent Real Estate Investment Trust's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, InterRent Real Estate Investment Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where InterRent Real Estate Investment Trust's Price-to-Tangible-Book falls into.



InterRent Real Estate Investment Trust Tangible Book per Share Calculation

InterRent Real Estate Investment Trust'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)
=(1918.143-0-0)/144.783
=13.25

InterRent Real Estate Investment Trust'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)
=(1859.456-0-0)/147.764
=12.58

* 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.


InterRent Real Estate Investment Trust  (OTCPK:IIPZF) 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.


InterRent Real Estate Investment Trust Tangible Book per Share Related Terms

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InterRent Real Estate Investment Trust Business Description

Traded in Other Exchanges
Address
485 Bank Street, Suite 207, Ottawa, ON, CAN, K2P 1Z2
InterRent Real Estate Investment Trust is an open-ended real estate investment trust engaged in increasing Unitholder value and creating a growing and sustainable distribution through the acquisition and ownership of multi-residential properties. The company operations are carried out throughout the region of Canada. It derives revenue from investment properties which includes rents from tenants under leases, parking, laundry and other ancillary services.