GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Thunder Bridge Capital Partners IV Inc (NAS:THCP) » Definitions » Tangible Book per Share

Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Tangible Book per Share : $2.22 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Thunder Bridge Capital Partners IV 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. Thunder Bridge Capital Partners IV's tangible book value per share for the quarter that ended in Mar. 2024 was $2.22.

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.


Thunder Bridge Capital Partners IV Tangible Book per Share Historical Data

The historical data trend for Thunder Bridge Capital Partners IV'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.

Thunder Bridge Capital Partners IV Tangible Book per Share Chart

Thunder Bridge Capital Partners IV Annual Data
Trend Dec21 Dec22 Dec23
Tangible Book per Share
7.44 7.54 2.25

Thunder Bridge Capital Partners IV Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.63 0.77 2.34 2.25 2.22

Competitive Comparison of Thunder Bridge Capital Partners IV's Tangible Book per Share

For the Shell Companies subindustry, Thunder Bridge Capital Partners IV'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.


Thunder Bridge Capital Partners IV's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Thunder Bridge Capital Partners IV's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thunder Bridge Capital Partners IV's Price-to-Tangible-Book falls into.



Thunder Bridge Capital Partners IV Tangible Book per Share Calculation

Thunder Bridge Capital Partners IV'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)
=(22.645-0-0)/10.0783
=2.25

Thunder Bridge Capital Partners IV's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(22.418-0-0)/10.0783
=2.22

* 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.


Thunder Bridge Capital Partners IV  (NAS:THCP) 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.


Thunder Bridge Capital Partners IV Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Thunder Bridge Capital Partners IV's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Thunder Bridge Capital Partners IV (Thunder Bridge Capital Partners IV) Business Description

Traded in Other Exchanges
N/A
Address
9912 Georgetown Pike, Suite D203, Great Falls, VA, USA, 22066
Website
Thunder Bridge Capital Partners IV Inc is a blank check company.
Executives
Weiss Asset Management Lp 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Andrew M Weiss 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Wam Gp Llc 10 percent owner 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
Bip Gp Llc other: Former 10% owner. 222 BERKELEY STREET, 16TH FLOOR, BOSTON MA 02116
David E Mangum director
Gary A Simanson director, 10 percent owner, officer: President and CEO 717 KING STREET, ALEXANDRIA VA 22314
Stewart J Paperin director HOLLAND & KNIGHT LLP, 701 BRICKELL AVENUE, SUITE 3300, MIAMI FL 33131
William A Houlihan officer: Chief Financial Officer 10900 WAYZATA BOULEVARD, MINNETONKA MN 55305
Robert Herman Hartheimer director 3232 RITTENHOUSE STREET NW, WASHINGTON DC 20015
Allerd D. Stikker director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Mary Anne Gillespie director 9912 GEORGETOWN PIKE, SUITE D203, GREAT FALLS VA 22066
Tbcp Iv, Llc 10 percent owner 9912 GEORGETOWN PIKE (SUITE D-203), GREAT FALLS VA 22066