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Cincinnati Bell (Cincinnati Bell) Tangible Book per Share : $-12.13 (As of Jun. 2021)


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What is Cincinnati Bell 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. Cincinnati Bell's tangible book value per share for the quarter that ended in Jun. 2021 was $-12.13.

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.


Cincinnati Bell Tangible Book per Share Historical Data

The historical data trend for Cincinnati Bell'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.

Cincinnati Bell Tangible Book per Share Chart

Cincinnati Bell Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.31 -12.57 -10.55 -11.61 -12.43

Cincinnati Bell Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 -12.60 -12.56 -12.43 -12.29 -12.13

Competitive Comparison of Cincinnati Bell's Tangible Book per Share

For the Telecom Services subindustry, Cincinnati Bell'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.


Cincinnati Bell's Price-to-Tangible-Book Distribution in the Telecommunication Services Industry

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

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



Cincinnati Bell Tangible Book per Share Calculation

Cincinnati Bell's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-191.1-129.4-309.6)/50.6806
=-12.43

Cincinnati Bell's Tangible Book Value Per Share for the quarter that ended in Jun. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-183.2-129.4-304.9)/50.9206
=-12.13

* 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.


Cincinnati Bell  (NYSE:CBB) 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.


Cincinnati Bell Tangible Book per Share Related Terms

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Cincinnati Bell (Cincinnati Bell) Business Description

Traded in Other Exchanges
N/A
Address
221 East Fourth Street, Cincinnati, OH, USA, 45202
Cincinnati Bell Inc provides wireline and wireless telecommunication services in Cincinnati, Ohio, and surrounding markets in Kentucky and Indiana. It operates business through two segments. Entertainment and Communications segment provides high speed data, video, and voice solutions to consumers and businesses over an expanding fiber network and a legacy copper network. IT Services and Hardware segment provides sale and service of efficient, end-to-end communications and IT systems and solutions across the U.S., Canada, and Europe. The company generates a substantial portion of its revenues by delivering voice and data services over access lines.
Executives
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Martin Yudkovitz director P O BOX 2301, CINCINNATI OH 45201
Craig F Maier director P O BOX 2301, CINCINNATI OH 45202
Meredith J Ching director 822 BISHOP ST., HONOLULU HI 96813
Dods Walter A Jr director 822 BISHOP ST., HONOLULU HI 96813
Theodore H. Torbeck director, Director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Lynn A Wentworth director CINCINNATI BELL INC, P O BOX 2301, CINCINNATI OH 45201
Russel Paul Mayer director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Leigh R. Fox officer: Chief Executive Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joshua T. Duckworth officer: Vice President & Treasurer P O BOX 2301, CINCINNATI OH 45201
Christopher J Wilson officer: VP, General Counsel P O BOX 2301, CINCINNATI OH 45201
Thomas E Simpson officer: Chief Operating Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Andrew R. Kaiser officer: Chief Financial Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
Christi H Cornette officer: Chief Culture Officer 221 EAST FOURTH STREET, CINCINNATI OH 45202
John W. Eck director 221 EAST FOURTH STREET, CINCINNATI OH 45202

Cincinnati Bell (Cincinnati Bell) Headlines

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Cincinnati Bell Inc. Announces Third Quarter 2020 Earnings Issue Date

By Business Wire Business Wire 10-14-2020