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Atrato Onsite Energy (LSE:ROOF) Tangible Book per Share : £0.92 (As of Sep. 2023)


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What is Atrato Onsite Energy 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. Atrato Onsite Energy's tangible book value per share for the quarter that ended in Sep. 2023 was £0.92.

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.


Atrato Onsite Energy Tangible Book per Share Historical Data

The historical data trend for Atrato Onsite Energy'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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Atrato Onsite Energy Tangible Book per Share Chart

Atrato Onsite Energy Annual Data
Trend Sep22 Sep23
Tangible Book per Share
0.93 0.92

Atrato Onsite Energy Semi-Annual Data
Mar22 Sep22 Mar23 Sep23
Tangible Book per Share 0.97 0.93 0.94 0.92

Competitive Comparison of Atrato Onsite Energy's Tangible Book per Share

For the Asset Management subindustry, Atrato Onsite Energy'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.


Atrato Onsite Energy's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Atrato Onsite Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Atrato Onsite Energy's Price-to-Tangible-Book falls into.



Atrato Onsite Energy Tangible Book per Share Calculation

Atrato Onsite Energy's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(138.057-0-0)/150
=0.92

Atrato Onsite Energy's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(138.057-0-0)/150
=0.92

* 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.


Atrato Onsite Energy  (LSE:ROOF) 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.


Atrato Onsite Energy Tangible Book per Share Related Terms

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Atrato Onsite Energy (LSE:ROOF) Business Description

Traded in Other Exchanges
Address
125 London Wall, 6th Floor, London, GBR, EC2Y 5AS
Atrato Onsite Energy PLC is a new investment company focused on onsite green energy generation, providing new renewable energy capacity with 100% carbon traceability to industrial and commercial counterparties. The company focuses on UK commercial rooftop solar, helping its corporate clients achieve net zero and reduce their energy bills.

Atrato Onsite Energy (LSE:ROOF) Headlines