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Tiga Acquisition (Tiga Acquisition) Tangible Book per Share : $6.94 (As of Sep. 2022)


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What is Tiga Acquisition 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. Tiga Acquisition's tangible book value per share for the quarter that ended in Sep. 2022 was $6.94.

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.


Tiga Acquisition Tangible Book per Share Historical Data

The historical data trend for Tiga Acquisition'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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Tiga Acquisition Tangible Book per Share Chart

Tiga Acquisition Annual Data
Trend Dec20 Dec21
Tangible Book per Share
6.51 7.19

Tiga Acquisition Quarterly Data
Jul20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 7.17 7.19 7.42 7.21 6.94

Competitive Comparison of Tiga Acquisition's Tangible Book per Share

For the Shell Companies subindustry, Tiga Acquisition'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.


Tiga Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tiga Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Tiga Acquisition Tangible Book per Share Calculation

Tiga Acquisition's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(248.074-0-0)/34.5
=7.19

Tiga Acquisition'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)
=(239.381-0-0)/34.5
=6.94

* 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.


Tiga Acquisition  (NYSE:TINV) 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.


Tiga Acquisition Tangible Book per Share Related Terms

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Tiga Acquisition (Tiga Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Ocean Financial Centre, Level 40, 10 Collyer Quay, Singapore, SGP, 049315
Tiga Acquisition Corp is a blank check company.
Executives
David Christopher Ryan director C/O AFFILIATED MANAGERS GROUP, INC., 777 SOUTH FLAGLER DRIVE, WEST PALM BEACH FL 33401
Tiga Sponsor Llc 10 percent owner C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Peter Chambers officer: Chief Operating Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Diana Luo officer: Chief Financial Officer C/O TIGA ACQUISITION CORP., 250 NORTH BRIDGE ROAD, #24-00 RAFFLES, SINGAPORE U0 179101
Ben Falloon director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Carman Wong director C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315
Zage George Raymond Iii director, 10 percent owner, officer: Chief Executive Officer C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 04
Ashish Gupta director, 10 percent owner C/O TIGA ACQUISITION CORP., OFC, LEVEL 40, 10 COLLYER QUAY, SINGAPORE U0 049315