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WRIT Media Group (WRIT Media Group) Tangible Book per Share : $-0.01 (As of Dec. 2017)


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What is WRIT Media Group 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. WRIT Media Group's tangible book value per share for the quarter that ended in Dec. 2017 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.


WRIT Media Group Tangible Book per Share Historical Data

The historical data trend for WRIT Media Group'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.

WRIT Media Group Tangible Book per Share Chart

WRIT Media Group Annual Data
Trend Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.19 -3.88 -3.18 -0.04 -0.03

WRIT Media Group Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -0.02 -0.01 -0.01

Competitive Comparison of WRIT Media Group's Tangible Book per Share

For the Entertainment subindustry, WRIT Media Group'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.


WRIT Media Group's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WRIT Media Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where WRIT Media Group's Price-to-Tangible-Book falls into.



WRIT Media Group Tangible Book per Share Calculation

WRIT Media Group's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.678-0-4.76)/39.8573
=-0.03

WRIT Media Group's Tangible Book Value Per Share for the quarter that ended in Dec. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.834-0-4.421)/57.043
=-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.


WRIT Media Group  (OTCPK:WRIT) 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.


WRIT Media Group Tangible Book per Share Related Terms

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WRIT Media Group (WRIT Media Group) Business Description

Traded in Other Exchanges
N/A
Address
1980 Festival Plaza Drive, Suite 300, Las Vegas, NV, USA, 89135
WRIT Media Group Inc is a part of the media industry. It is mainly engaged in producing films, television programs, and similar entertainment programs for various media formats. It is a content creation company, which produces, acquires, licenses, and distributes music-related content in three-dimensional (3-D), and ultra-high definition (4K) for initial worldwide digital broadcast into digitally-enabled movie theatres. It also licenses classic pre-Windows computer game libraries and adapts, and republishes titles for smartphones, game consoles, personal computers, tablets, and other television streaming devices.

WRIT Media Group (WRIT Media Group) Headlines

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