GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Reliq Health Technologies Inc (OTCPK:RQHTF) » Definitions » Tangible Book per Share

Reliq Health Technologies (Reliq Health Technologies) Tangible Book per Share : $0.03 (As of Sep. 2022)


View and export this data going back to 2009. Start your Free Trial

What is Reliq Health Technologies 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. Reliq Health Technologies's tangible book value per share for the quarter that ended in Sep. 2022 was $0.03.

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.


Reliq Health Technologies Tangible Book per Share Historical Data

The historical data trend for Reliq Health Technologies'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.

Reliq Health Technologies Tangible Book per Share Chart

Reliq Health Technologies Annual Data
Trend Dec13 Dec14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.02 0.01 0.01 0.03

Reliq Health Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.02 0.03 0.03 0.03 0.03

Competitive Comparison of Reliq Health Technologies's Tangible Book per Share

For the Health Information Services subindustry, Reliq Health Technologies'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.


Reliq Health Technologies's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Reliq Health Technologies's Price-to-Tangible-Book falls into.



Reliq Health Technologies Tangible Book per Share Calculation

Reliq Health Technologies's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.976-0-0)/188.581
=0.03

Reliq Health Technologies's Tangible Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(6.189-0-0)/190.431
=0.03

* 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.


Reliq Health Technologies  (OTCPK:RQHTF) 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.


Reliq Health Technologies Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Reliq Health Technologies's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Reliq Health Technologies (Reliq Health Technologies) Business Description

Traded in Other Exchanges
N/A
Address
175 Longwood Rd S., Suite 406A, Hamilton, ON, CAN, L8P 0A1
Reliq Health Technologies Inc specializes in developing Software-as-a-Service (SaaS) solutions for remote patient monitoring, telemedicine, and care collaboration. Reliq's IUGO health technology platform is a hardware and software solution that allows complex patients to receive high-quality care in the home, improving health outcomes, enhancing the quality of life for patients and families and reducing the cost of care delivery. The firm earns through the supply of mobile device management (MDM) solutions for mobile devices and subscriptions of the iUGO CARE platform to healthcare client. The firm is based in Canada.