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.
Chicago Atlantic Real Estate Finance Tangible Book per Share Historical Data
* 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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Chicago Atlantic Real Estate Finance Tangible Book per Share Chart
Chicago Atlantic Real Estate Finance Annual Data
Trend
Dec21
Dec22
Dec23
Tangible Book per Share
15.13
14.86
14.94
Chicago Atlantic Real Estate Finance Quarterly Data
Competitive Comparison of Chicago Atlantic Real Estate Finance's Tangible Book per Share
For the REIT - Mortgage subindustry, Chicago Atlantic Real Estate Finance'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.
Chicago Atlantic Real Estate Finance's Price-to-Tangible-Book Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Chicago Atlantic Real Estate Finance's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Chicago Atlantic Real Estate Finance's Price-to-Tangible-Book falls into.
Chicago Atlantic Real Estate Finance Tangible Book per Share Calculation
* 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.
Chicago Atlantic Real Estate Finance (NAS:REFI) 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.
Chicago Atlantic Real Estate Finance Tangible Book per Share Related Terms
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Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
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