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Texim Bank AD (XBUL:TXIM) Tangible Book per Share : лв1.38 (As of Dec. 2022)


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What is Texim Bank AD 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. Texim Bank AD's tangible book value per share for the quarter that ended in Dec. 2022 was лв1.38.

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.


Texim Bank AD Tangible Book per Share Historical Data

The historical data trend for Texim Bank AD'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.

Texim Bank AD Tangible Book per Share Chart

Texim Bank AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.22 1.30 1.33 1.32 1.38

Texim Bank AD Semi-Annual Data
Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.30 1.33 1.32 1.38

Competitive Comparison of Texim Bank AD's Tangible Book per Share

For the Banks - Regional subindustry, Texim Bank AD'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.


Texim Bank AD's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Texim Bank AD's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Texim Bank AD's Price-to-Tangible-Book falls into.



Texim Bank AD Tangible Book per Share Calculation

Texim Bank AD's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.579-0-1.883)/27.995
=1.38

Texim Bank AD's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.579-0-1.883)/27.995
=1.38

* 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.


Texim Bank AD  (XBUL:TXIM) 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.


Texim Bank AD Tangible Book per Share Related Terms

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Texim Bank AD (XBUL:TXIM) Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Kn. Maria-Luisa 107, Sofia, BGR, 1202
Texim Bank AD operates in the banking sector. The company performs general banking functions in Bulgaria.

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