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Zeo Energy (Zeo Energy) Tangible Book per Share : $-0.97 (As of Mar. 2024)


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What is Zeo Energy 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. Zeo Energy's tangible book value per share for the quarter that ended in Mar. 2024 was $-0.97.

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.


Zeo Energy Tangible Book per Share Historical Data

The historical data trend for Zeo Energy'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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Zeo Energy Tangible Book per Share Chart

Zeo Energy Annual Data
Trend Dec21 Dec22 Dec23
Tangible Book per Share
0.07 0.44 0.91

Zeo Energy Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial 0.44 - 1.26 0.91 -0.97

Competitive Comparison of Zeo Energy's Tangible Book per Share

For the Solar subindustry, Zeo Energy'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.


Zeo Energy's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Zeo Energy's Price-to-Tangible-Book distribution charts can be found below:

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



Zeo Energy Tangible Book per Share Calculation

Zeo Energy's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(32.333-0-27.782)/5.02696
=0.91

Zeo Energy's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(22.66-0-27.525)/5.02696
=-0.97

* 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.


Zeo Energy  (NAS:ZEO) 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.


Zeo Energy Tangible Book per Share Related Terms

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Zeo Energy (Zeo Energy) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
7625 little Road, Suite 200A, New Port Richley, FL, USA, 34654
Website
Zeo Energy Corp is a vertically integrated provider of residential solar energy systems, other energy efficient equipment and related services currently serving customers in Florida, Texas, Arkansas and Missouri.

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