TVCE (TVC Telecom) Tangible Book per Share: $-0.01 (As of Dec. 2003)


What is TVC Telecom Tangible Book per Share?

TVC Telecom TVCE Tangible Book per Share is $-0.01 as of Dec. 2003.

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. TVC Telecom's tangible book value per share for the quarter that ended in Dec. 2003 was $-0.01.

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.

TVC Telecom  (OTCPK:TVCE) 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.

TVC Telecom Tangible Book per Share Related Terms

TVC Telecom Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for TVC Telecom'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.

TVC Telecom Tangible Book per Share Chart

TVC Telecom Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Tangible Book per Share
Get a 7-Day Free Trial 0.20 0.11 0.02 -0.01 -0.01

TVC Telecom Quarterly Data
Dec96 Dec97 Dec98 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
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 -0.01 -0.01 -0.00 -0.01 -0.01

TVCE vs DIRV, FULO, TOWTF: Tangible Book per Share Comparison

For the Telecom Services subindustry, TVC Telecom'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.

TVC Telecom Price-to-Tangible-Book vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, TVC Telecom's Price-to-Tangible-Book distribution charts can be found below:

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


TVC Telecom Tangible Book per Share Calculation

TVC Telecom's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2003 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.064-0-0)/155.175
=-0.01

TVC Telecom's Tangible Book Value Per Share for the quarter that ended in Dec. 2003 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.064-0-0)/155.175
=-0.01

* 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.

What does a Tangible Book per Share of $-0.01 mean?
TVC Telecom (TVCE) has a Tangible Book per Share of $-0.01 as of Dec. 2003. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on TVC Telecom and its competitors.
Is TVC Telecom's Tangible Book per Share too high?
TVC Telecom's current Tangible Book per Share is $-0.01.
How does TVC Telecom's Tangible Book per Share compare to DIRV and FULO?
TVC Telecom's Tangible Book per Share of $-0.01 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Telecommunication Services company?
A good Tangible Book per Share depends on the Telecommunication Services industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on TVC Telecom and its competitors. TVC Telecom's current Tangible Book per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TVC Telecom stock overvalued right now?
TVC Telecom (TVCE) has a current Tangible Book per Share of $-0.01. The current Tangible Book per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For TVC Telecom (TVCE), the current Tangible Book per Share is $-0.01 as of Dec. 2003. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TVC Telecom Business Description

Address 3550 Biscayne Boulevard, Suite 704, Miami, FL, USA, 33137
TVC Telecom Inc is a facilities-based telecommunications provider. The Company offers service to the business and consumer market segments with a particular focus on ethnic markets with a demand for international calling.