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Iconic Labs (LSE:ICON) Tangible Book per Share : £-0.27 (As of Dec. 2023)


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What is Iconic Labs 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. Iconic Labs's tangible book value per share for the quarter that ended in Dec. 2023 was £-0.27.

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.


Iconic Labs Tangible Book per Share Historical Data

The historical data trend for Iconic Labs'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.

Iconic Labs Tangible Book per Share Chart

Iconic Labs Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only -109.26 -5.02 -2.19 -2.39 -0.79

Iconic Labs Semi-Annual Data
Dec13 Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec19 Jun20 Dec20 Jun21 Jun22 Dec22 Jun23 Dec23
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 -2.19 -2.39 -0.89 -0.79 -0.27

Competitive Comparison of Iconic Labs's Tangible Book per Share

For the Advertising Agencies subindustry, Iconic Labs'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.


Iconic Labs's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

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

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



Iconic Labs Tangible Book per Share Calculation

Iconic Labs's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-3.64-0-0)/4.63069
=-0.79

Iconic Labs's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.742-0-0)/10.3068
=-0.27

* 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.


Iconic Labs  (LSE:ICON) 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.


Iconic Labs Tangible Book per Share Related Terms

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Iconic Labs (LSE:ICON) Business Description

Traded in Other Exchanges
N/A
Address
7 Bell Yard, London, GBR, WC2A 2JR
Iconic Labs PLC is a media and technology business focused on the identification, acquisition and growth of technology-driven companies in the online media, artificial intelligence, and big data gathering, processing and analysis sectors. Its asset Gay Star News ("GSN"), an online media platform is dedicated to the LGBTQ+ community that intends to continue developing with strategic partners.

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