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Technology Solutions Co (Technology Solutions Co) Tangible Book per Share : $3.62 (As of Dec. 2008)


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What is Technology Solutions Co 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. Technology Solutions Co's tangible book value per share for the quarter that ended in Dec. 2008 was $3.62.

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.


Technology Solutions Co Tangible Book per Share Historical Data

The historical data trend for Technology Solutions Co'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.

Technology Solutions Co Tangible Book per Share Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.57 10.05 6.87 3.79 3.62

Technology Solutions Co Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 3.79 3.81 4.36 3.99 3.62

Competitive Comparison of Technology Solutions Co's Tangible Book per Share

For the Information Technology Services subindustry, Technology Solutions Co'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.


Technology Solutions Co's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Technology Solutions Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Technology Solutions Co's Price-to-Tangible-Book falls into.



Technology Solutions Co Tangible Book per Share Calculation

Technology Solutions Co's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.343-0-0.06)/2.56587
=3.62

Technology Solutions Co's Tangible Book Value Per Share for the quarter that ended in Dec. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.343-0-0.06)/2.56587
=3.62

* 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.


Technology Solutions Co  (OTCPK:TSCC) 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.


Technology Solutions Co Tangible Book per Share Related Terms

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Technology Solutions Co (Technology Solutions Co) Business Description

Traded in Other Exchanges
N/A
Address
55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603
Website
Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.
Executives
Miller Lloyd I Iii 10 percent owner
Gerald Luterman director 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell director 14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman director 49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip director, officer: Former Chairman 901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

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