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QEP Midstream Partners LP (FRA:1QM) Tangible Book per Share : €6.22 (As of Mar. 2015)


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What is QEP Midstream Partners LP 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. QEP Midstream Partners LP's tangible book value per share for the quarter that ended in Mar. 2015 was €6.22.

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.


QEP Midstream Partners LP Tangible Book per Share Historical Data

The historical data trend for QEP Midstream Partners LP'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.

QEP Midstream Partners LP Tangible Book per Share Chart

QEP Midstream Partners LP Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Tangible Book per Share
- - 6.59 5.41

QEP Midstream Partners LP Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 6.51 6.57 5.11 5.41 6.22

Competitive Comparison of QEP Midstream Partners LP's Tangible Book per Share

For the Oil & Gas Midstream subindustry, QEP Midstream Partners LP'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.


QEP Midstream Partners LP's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, QEP Midstream Partners LP's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where QEP Midstream Partners LP's Price-to-Tangible-Book falls into.



QEP Midstream Partners LP Tangible Book per Share Calculation

QEP Midstream Partners LP's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2014 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(289.04-0-0)/53.4
=5.41

QEP Midstream Partners LP's Tangible Book Value Per Share for the quarter that ended in Mar. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(332.64-0-0)/53.4489
=6.22

* 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.


QEP Midstream Partners LP  (FRA:1QM) 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.


QEP Midstream Partners LP Tangible Book per Share Related Terms

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QEP Midstream Partners LP (FRA:1QM) Business Description

Traded in Other Exchanges
N/A
Address
QEP Midstream Partners LP provides gathering, compression and transportation services to producers and users of natural gas and crude oil. Its assets consist of ownership interests in four gathering systems and two FERC-regulated pipelines. Its assets are located in the Green River Basin located in Wyoming and Colorado, the Uinta Basin located in eastern Utah, and the portion of the Williston Basin located in North Dakota. The company derives revenues from the fee-based agreements.

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