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Mid Wynd International Inv Trust (CHIX:MWYL) Tangible Book per Share : £7.63 (As of Dec. 2023)


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What is Mid Wynd International Inv Trust 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. Mid Wynd International Inv Trust's tangible book value per share for the quarter that ended in Dec. 2023 was £7.63.

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.


Mid Wynd International Inv Trust Tangible Book per Share Historical Data

The historical data trend for Mid Wynd International Inv Trust'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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Mid Wynd International Inv Trust Tangible Book per Share Chart

Mid Wynd International Inv Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.53 6.13 7.54 6.92 7.20

Mid Wynd International Inv Trust Quarterly Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 8.30 6.92 7.03 7.20 7.63

Competitive Comparison of Mid Wynd International Inv Trust's Tangible Book per Share

For the Asset Management subindustry, Mid Wynd International Inv Trust'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.


Mid Wynd International Inv Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mid Wynd International Inv Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Mid Wynd International Inv Trust's Price-to-Tangible-Book falls into.



Mid Wynd International Inv Trust Tangible Book per Share Calculation

Mid Wynd International Inv Trust's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(449.026-0-0)/62.3784
=7.20

Mid Wynd International Inv Trust'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)
=(419.322-0-0)/54.9333
=7.63

* 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.


Mid Wynd International Inv Trust  (CHIX:MWYl) 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.


Mid Wynd International Inv Trust Tangible Book per Share Related Terms

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Mid Wynd International Inv Trust (CHIX:MWYL) Business Description

Traded in Other Exchanges
Address
50 Lothian Road, 6th Floor, Exchange Plaza, Edinburgh, GBR, EH3 9BY
Mid Wynd International Inv Trust PLC is an investment trust company. Its investment objective is to achieve capital and income growth by investing on a worldwide basis. It aims to provide dividend growth over time, although the primary aim is maximizing total returns to shareholders. The company invests in different markets, sectors, industries, market capitalizations, and asset classes as investment opportunities dictate. It may use derivatives and gearing mechanisms for investment purposes and efficient portfolio management. Geographically, the company holds its investment in North America, Europe, Japan, the UK, and Asia. Its revenue mainly consists of interest and dividend income from the investment.

Mid Wynd International Inv Trust (CHIX:MWYL) Headlines

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