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Leggett & Platt (Leggett & Platt) Tangible Book per Share : $-2.43 (As of Dec. 2023)


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What is Leggett & Platt 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. Leggett & Platt's tangible book value per share for the quarter that ended in Dec. 2023 was $-2.43.

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.


Leggett & Platt Tangible Book per Share Historical Data

The historical data trend for Leggett & Platt'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.

Leggett & Platt Tangible Book per Share Chart

Leggett & Platt Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.53 -5.04 -3.83 -3.85 -2.43

Leggett & Platt Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -3.85 -3.51 -3.41 -3.47 -2.43

Competitive Comparison of Leggett & Platt's Tangible Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Leggett & Platt'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.


Leggett & Platt's Price-to-Tangible-Book Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Leggett & Platt's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Leggett & Platt's Price-to-Tangible-Book falls into.



Leggett & Platt Tangible Book per Share Calculation

Leggett & Platt'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)
=(1333.3-0-1657.3)/133.4
=-2.43

Leggett & Platt's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1333.3-0-1657.3)/133.4
=-2.43

* 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.


Leggett & Platt  (NYSE:LEG) 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.


Leggett & Platt Tangible Book per Share Related Terms

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Leggett & Platt (Leggett & Platt) Business Description

Traded in Other Exchanges
Address
No. 1 Leggett Road, Carthage, MO, USA, 64836
Leggett & Platt Inc designs and produces engineered components and products found in most homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring and Textile Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture and work furniture, flooring underlayment, adjustable beds, and various other products.
Executives
Ryan Michael Kleiboeker officer: SVP-Chief Strategic Plan. Off. NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Phoebe A Wood director PO BOX 1080, LOUISVILLE KY 40201
Scott S Douglas officer: SVP-Gen. Counsel and Secretary NO 1 LEGGETT ROAD, CARTHAGE MO 64836
Karl G Glassman director, officer: Executive Vice President LEGGETT & PLATT, INCORPORATED, NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Angela Barbee director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Benjamin Michael Burns officer: SVP-Business Support Services NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
James Tyson Hagale officer: SVP, Pres. - Bedding Products NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Christina Ptasinski officer: SVP - Chief HR Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
J Mitchell Dolloff director, officer: President and COO NO.1 LEGGETT ROAD, CARTHAGE MO 64836
Steven K Henderson officer: Executive Vice President NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Tammy M Trent officer: SVP - Chief Accounting Officer NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Jeffrey L. Tate officer: Executive Vice President - CFO 2211 H.H. DOW WAY, MIDLAND MI 48674
Susan R Mccoy officer: SVP - Investor Relations NO. 1 LEGGETT ROAD, CARTHAGE MO 64836
Judy C Odom director 2140 MERRITT DRIVE, GARLAND TX 75401
Maryelizabeth R Campbell director NO. 1 LEGGETT ROAD, CARTHAGE MO 64836

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