GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » InvenTrust Properties Corp (NYSE:IVT) » Definitions » Tangible Book per Share

InvenTrust Properties (InvenTrust Properties) Tangible Book per Share : $21.23 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is InvenTrust Properties 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. InvenTrust Properties's tangible book value per share for the quarter that ended in Dec. 2023 was $21.23.

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.


InvenTrust Properties Tangible Book per Share Historical Data

The historical data trend for InvenTrust Properties'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.

InvenTrust Properties Tangible Book per Share Chart

InvenTrust Properties 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 23.63 22.82 22.13 22.27 21.23

InvenTrust Properties 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 22.27 21.45 21.48 21.45 21.23

Competitive Comparison of InvenTrust Properties's Tangible Book per Share

For the REIT - Retail subindustry, InvenTrust Properties'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.


InvenTrust Properties's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, InvenTrust Properties's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where InvenTrust Properties's Price-to-Tangible-Book falls into.



InvenTrust Properties Tangible Book per Share Calculation

InvenTrust Properties'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)
=(1554.044-0-114.485)/67.8078
=21.23

InvenTrust Properties'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)
=(1554.044-0-114.485)/67.8078
=21.23

* 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.


InvenTrust Properties  (NYSE:IVT) 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.


InvenTrust Properties Tangible Book per Share Related Terms

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


InvenTrust Properties (InvenTrust Properties) Business Description

Traded in Other Exchanges
N/A
Address
3025 Highland Parkway, Suite 350, Downers Grove, IL, USA, 60515
InvenTrust Properties Corp is the United States of America based company qualified as a REIT (Real Estate Investment Trust). It owns, manages, acquires and develops a diversified portfolio of commercial real estate located across the United States. The company also owns properties in development and partially owns properties through joint ventures, as well as investments in marketable securities and other assets. The company focuses on investing in an open-air retail platform comprised of grocery-anchored centers and necessity-based power centers. InvenTrust operates through a single segment i.e. multi-tenant retail.
Executives
Smita Shah director 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
David Bryson officer: SVP, Chief Accounting Officer 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Michael Douglas Phillips officer: S.V.P., C.A.O. & Controller 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Daniel Busch officer: E.V.P., C.F.O. & Treasurer 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Amanda Elizabeth Black director 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Christy Lynn David officer: EVP, General Counsel & Sec. 3025 HIGHLAND PARKWAY, SUITE 350, DOWNERS GROVE IL 60515
Ivy Zoe Greaner officer: Chief Operating Officer 3025 HIGHLAND PARKWAY, DOWNERS GROVE IL 60515
Stuart Aitken director C/O JOURNAL MEDIA GROUP, INC., 333 WEST STATE STREET, MILWAUKEE WI 53203
Adam M Jaworski officer: SVP/Chief Accounting Officer 2809 BUTTERFIELD ROAD, OAK BROOK IL 60523
Scott A. Nelson director 2809 BUTTERFIELD ROAD, SUITE 200, OAK BROOK IL 60523
Michael A Stein director 4582 S. ULSTER STREET, SUITE 1100, DENVER CO 80237
Julian E Whitehurst director
Anna N Fitzgerald officer: See Remarks 191 N WACKER DRIVE, SUITE 1200, CHICAGO IL 60606
David F Collins officer: See Remarks 2809 BUTTERFIELD ROAD, SUITE 360, OAK BROOK IL 60523
Michael E. Podboy officer: See Remarks 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523