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Far Peak Acquisition (Far Peak Acquisition) Tangible Book per Share : $8.53 (As of Dec. 2022)


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What is Far Peak Acquisition 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. Far Peak Acquisition's tangible book value per share for the quarter that ended in Dec. 2022 was $8.53.

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.


Far Peak Acquisition Tangible Book per Share Historical Data

The historical data trend for Far Peak Acquisition'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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Far Peak Acquisition Tangible Book per Share Chart

Far Peak Acquisition Annual Data
Trend Sep21 Sep22
Tangible Book per Share
7.65 8.43

Far Peak Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 7.51 7.64 8.40 8.43 8.53

Competitive Comparison of Far Peak Acquisition's Tangible Book per Share

For the Shell Companies subindustry, Far Peak Acquisition'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.


Far Peak Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Far Peak Acquisition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Far Peak Acquisition's Price-to-Tangible-Book falls into.



Far Peak Acquisition Tangible Book per Share Calculation

Far Peak Acquisition's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(588.098-0-0)/69.75
=8.43

Far Peak Acquisition's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(595.264-0-0)/69.75
=8.53

* 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.


Far Peak Acquisition  (NYSE:FPAC) 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.


Far Peak Acquisition Tangible Book per Share Related Terms

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Far Peak Acquisition (Far Peak Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
511 6th Avenue, No. 7342, New York, NY, USA, 10011
Far Peak Acquisition Corp is a blank check company. It is for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
Executives
Nicole Seligman director C/O VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Charles A Vice director 2100 RIVEREDGE PARKWAY, SUITE 500, ATLANTA GA 30308
Thomas W Farley director, officer: CEO, President and Chairman C/O: INTERCONTINENTALEXCHANGE, INC., 2100 RIVEREDGE PARKWAY, STE. 500, ATLANTA GA 30328
Stanley A Mcchrystal director C/O JETBLUE AIRWAYS CORPORATION, 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY 11101
David Bonanno director, officer: CFO and Secretary 390 PARK AVENUE, NEW YORK NY 10022
Far Peak Llc 10 percent owner 480 6TH AVE, #342, NEW YORK NY 10011