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RASJQ.PFD (RAIT Financial Trust) Tangible Book per Share : $0.00 (As of Jun. 2019)


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What is RAIT Financial 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. RAIT Financial Trust's tangible book value per share for the quarter that ended in Jun. 2019 was $0.00.

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.


RAIT Financial Trust Tangible Book per Share Historical Data

The historical data trend for RAIT Financial 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.

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RAIT Financial Trust Tangible Book per Share Chart

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tangible Book per Share
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RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of RAIT Financial Trust's Tangible Book per Share

For the REIT - Diversified subindustry, RAIT Financial 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.


RAIT Financial Trust's Price-to-Tangible-Book Distribution in the REITs Industry

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

* The bar in red indicates where RAIT Financial Trust's Price-to-Tangible-Book falls into.


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RAIT Financial Trust Tangible Book per Share Calculation

RAIT Financial Trust's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(68.506-0.1-1.717)/0
=

RAIT Financial Trust's Tangible Book Value Per Share for the quarter that ended in Jun. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(64.454-0.1-1.37)/0
=

* 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.


RAIT Financial Trust  (OTCPK:RASJQ.PFD) 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.


RAIT Financial Trust Tangible Book per Share Related Terms

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RAIT Financial Trust Business Description

Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust Headlines

From GuruFocus

RAIT Financial Trust (RAS) CFO Jack Salmon buys 10,000 Shares

By GuruFocus Research GuruFocus Editor 12-01-2010

RAIT Financial Trust (RAS) CEO Scott Schaeffer buys 25,000 Shares

By GuruFocus Research GuruFocus Editor 11-24-2009

RAIT Financial Trust (RAS) COO & Secretary Raphael Licht sells 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009

RAIT Financial Trust (RAS) Chairman & Trustee Betsy Z Cohen buys 9,191 Shares

By GuruFocus Research GuruFocus Editor 12-04-2009