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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Tangible Book per Share : C$0.00 (As of . 20)


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What is Kingsway Linked Return Of Capital 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. Kingsway Linked Return Of Capital Trust's tangible book value per share for the quarter that ended in . 20 was C$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.


Kingsway Linked Return Of Capital Trust Tangible Book per Share Historical Data

The historical data trend for Kingsway Linked Return Of Capital 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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Kingsway Linked Return Of Capital Trust Tangible Book per Share Chart

Kingsway Linked Return Of Capital Trust Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tangible Book per Share
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Kingsway Linked Return Of Capital Trust Quarterly Data
Tangible Book per Share

Competitive Comparison of Kingsway Linked Return Of Capital Trust's Tangible Book per Share

For the Asset Management subindustry, Kingsway Linked Return Of Capital 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.


Kingsway Linked Return Of Capital Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kingsway Linked Return Of Capital Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kingsway Linked Return Of Capital Trust's Price-to-Tangible-Book falls into.



Kingsway Linked Return Of Capital Trust Tangible Book per Share Calculation

Kingsway Linked Return Of Capital Trust's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(67.673-0-0)/0
=

Kingsway Linked Return Of Capital Trust's Tangible Book Value Per Share for the quarter that ended in . 20 is calculated as

* 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.


Kingsway Linked Return Of Capital Trust  (TSX:KSP.UN.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.


Kingsway Linked Return Of Capital Trust Tangible Book per Share Related Terms

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Kingsway Linked Return Of Capital Trust (TSX:KSP.UN.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Kingsway Linked Return is an investment trust established in Canada. The Company seeks to provide quarterly fixed cumulative distributions of $0.3125 per LROC Preferred Unit. The Company will use the net proceeds of this offering to subscribe for and purchase all of the limited partnership units of KL Limited Partnership. The Company's activities are managed by Scotia Managed Companies Administration Inc., and overseen by the trustees of the Trust.

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