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OHCS (Optimus Healthcare Svcs) Tangible Book per Share : $-0.20 (As of Sep. 2024)


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What is Optimus Healthcare Svcs 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. Optimus Healthcare Svcs's tangible book value per share for the quarter that ended in Sep. 2024 was $-0.20.

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.


Optimus Healthcare Svcs Tangible Book per Share Historical Data

The historical data trend for Optimus Healthcare Svcs'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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Optimus Healthcare Svcs Tangible Book per Share Chart

Optimus Healthcare Svcs Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec08 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only -0.14 0.01 0.03 -0.06 -0.18

Optimus Healthcare Svcs Quarterly Data
Sep03 Mar07 Jun07 Sep07 Mar08 Jun08 Sep08 Dec08 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 -0.15 -0.18 -0.19 -0.19 -0.20

Competitive Comparison of Optimus Healthcare Svcs's Tangible Book per Share

For the Health Information Services subindustry, Optimus Healthcare Svcs'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.


Optimus Healthcare Svcs's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Optimus Healthcare Svcs's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Optimus Healthcare Svcs's Price-to-Tangible-Book falls into.


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Optimus Healthcare Svcs Tangible Book per Share Calculation

Optimus Healthcare Svcs'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)
=(-7.138-0.008-0)/39.968
=-0.18

Optimus Healthcare Svcs'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)
=(-9.34-0.008-0)/47.907
=-0.20

* 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.


Optimus Healthcare Svcs  (OTCPK:OHCS) 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.


Optimus Healthcare Svcs Tangible Book per Share Related Terms

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Optimus Healthcare Svcs Business Description

Traded in Other Exchanges
N/A
Address
1400 Old Country Road, Suite 306, Westbury, NY, USA, 11590
Optimus Healthcare Svcs Inc focuses on acquiring controlling interests in healthcare-related businesses. The company is dedicated to advancing access to clinical trial research and simplifying access to vaccines and pharmaceutical products. It currently operates through its portfolio companies, Clinical Research Alliance, Inc. (CRA), and Worker's Health Rx (d/b/a "Vitality Rx"). The vision is to grow by acquiring controlling interests in healthcare-related businesses with products and services that improve healthcare access and outcomes. Optimus aims to empower physicians and patients with information and tools for informed healthcare decisions.