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World Wireless Communications (World Wireless Communications) Tangible Book per Share : $-0.28 (As of Dec. 2002)


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What is World Wireless Communications 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. World Wireless Communications's tangible book value per share for the quarter that ended in Dec. 2002 was $-0.28.

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.


World Wireless Communications Tangible Book per Share Historical Data

The historical data trend for World Wireless Communications'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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World Wireless Communications Tangible Book per Share Chart

World Wireless Communications Annual Data
Trend Dec99 Dec00 Dec01 Dec02
Tangible Book per Share
-0.18 0.12 -0.09 -0.28

World Wireless Communications Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 -0.09 -0.15 -0.19 -0.24 -0.28

Competitive Comparison of World Wireless Communications's Tangible Book per Share

For the Telecom Services subindustry, World Wireless Communications'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.


World Wireless Communications's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where World Wireless Communications's Price-to-Tangible-Book falls into.



World Wireless Communications Tangible Book per Share Calculation

World Wireless Communications's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2002 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-8.779-0-0)/31.4599
=-0.28

World Wireless Communications's Tangible Book Value Per Share for the quarter that ended in Dec. 2002 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-8.779-0-0)/31.4599
=-0.28

* 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.


World Wireless Communications  (OTCPK:WWRL) 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.


World Wireless Communications Tangible Book per Share Related Terms

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World Wireless Communications (World Wireless Communications) Business Description

Traded in Other Exchanges
N/A
Address
5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111
World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.
Executives
Marty Steinberg 10 percent owner 1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

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