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Insight Selectome Fund (Insight Selectome Fund) Tangible Book per Share : $17.66 (As of Mar. 2024)


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What is Insight Selectome Fund 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. Insight Selectome Fund's tangible book value per share for the quarter that ended in Mar. 2024 was $17.66.

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.


Insight Selectome Fund Tangible Book per Share Historical Data

The historical data trend for Insight Selectome Fund'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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Insight Selectome Fund Tangible Book per Share Chart

Insight Selectome Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial 19.67 21.26 19.59 17.52 17.66

Insight Selectome Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only 19.59 16.67 17.52 16.69 17.66

Competitive Comparison of Insight Selectome Fund's Tangible Book per Share

For the Asset Management subindustry, Insight Selectome Fund'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.


Insight Selectome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Insight Selectome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Insight Selectome Fund's Price-to-Tangible-Book falls into.



Insight Selectome Fund Tangible Book per Share Calculation

Insight Selectome Fund's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(189.158-0-0)/10.7134
=17.66

Insight Selectome Fund'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)
=(189.158-0-0)/10.7134
=17.66

* 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.


Insight Selectome Fund  (NYSE:INSI) 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.


Insight Selectome Fund Tangible Book per Share Related Terms

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Insight Selectome Fund (Insight Selectome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 7th Floor, New York, NY, USA, 10166
Insight Select Income Fund is a diversified closed-end, management investment company. The fund's investment objective is to seek a high rate of return, primarily from interest income and trading activity, from a portfolio principally consisting of debt securities. It offers various solutions such as risk management, liquidity management, and return generation among others.
Executives
Daniel Haff officer: Chief Compliance Officer C/O INSIGHT SELECT INCOME FUND, 200 PARK AVE, 7TH FLOOR, NEW YORK NY 10166
Patrick Harris officer: Chief Compliance Officer C/O INSIGHT SELECT INCOME FUND, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Seth Gelman officer: Chief Compliance Officer C/O INSIGHT INVESTMENT, 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166
Ellen D Harvey director
Insight North America Llc other: Investment Adviser 200 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10166-0005
James Dichiaro officer: Vice President 113 KING STREET, ARMONK NY 10504
David Lebisky officer: Chief Compliance Officer 11601 WILSHIRE BOULEVARD, SUITE 1200, LOS ANGELES CA 90025
Thomas Stabile officer: VP, Treasurer and CFO 200 PARK AVE, 7TH FLOOR, NEW YORK NY 10166
Robin J. Shulman officer: Chief Compliance Officer 200 PARK AVE, 7TH FLOOR, NEW YORK X1 19103
Thomas Edgar Spock director 43 STONEYSIDE DRIVE, LARCHMONT NY 10538
Cutwater Investor Services Corp. other: Investment Advisor 113 KING STREET, ARMONK NY 10504
Joseph L. Sevely officer: VP, Treasurer and CFO 276 FIFTH AVENUE, SUITE 306, NEW YORK NY 10001
W Thacher Brown director 355 MAPLE AVE, HARLEYSVILLE PA 19438-2297
J Lawrence Shane director 1838 BOND DEBENTURE TRADING FUND, 2701 RENAISSANCE BLVD 4TH FL, KING OF PRUSSIA PA 19406
Mbia Inc other: Parent of Inv. Adv. see foot.1 1 MANHATTANVILLE ROAD, SUITE 301, PURCHASE NY 10577

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