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Koil Energy Solutions (Koil Energy Solutions) Tangible Book per Share : $0.50 (As of Mar. 2024)


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What is Koil Energy Solutions 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. Koil Energy Solutions's tangible book value per share for the quarter that ended in Mar. 2024 was $0.50.

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.


Koil Energy Solutions Tangible Book per Share Historical Data

The historical data trend for Koil Energy Solutions'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.

Koil Energy Solutions Tangible Book per Share Chart

Koil Energy Solutions 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 1.08 0.63 0.83 0.59 0.47

Koil Energy Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.55 0.54 0.47 0.50

Competitive Comparison of Koil Energy Solutions's Tangible Book per Share

For the Oil & Gas Equipment & Services subindustry, Koil Energy Solutions'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.


Koil Energy Solutions's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Koil Energy Solutions's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Koil Energy Solutions's Price-to-Tangible-Book falls into.



Koil Energy Solutions Tangible Book per Share Calculation

Koil Energy Solutions'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)
=(5.618-0-0.072)/11.8882
=0.47

Koil Energy Solutions'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)
=(6.213-0-0.07)/12.1882
=0.50

* 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.


Koil Energy Solutions  (OTCPK:KLNG) 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.


Koil Energy Solutions Tangible Book per Share Related Terms

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Koil Energy Solutions (Koil Energy Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1310 Rankin Road, Houston, TX, USA, 77073
Koil Energy Solutions Inc is an energy services company that provides equipment and support services to the world's energy and offshore industries. Its core services and technological solutions include distribution system installation support and engineering services, umbilical terminations, loose-tube steel flying leads, and related services. Additionally, its team can support subsea engineering, manufacturing, installation, commissioning, and maintenance projects. Its products include Buoyancy Solutions, Flying Leads, Storage, and Transportation, Subsea Fluid and Power Distribution, and Umbilical Termination Solutions.
Executives
Trevor L Ashurst officer: Vice President of Finance 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Ronald Eric Smith director, 10 percent owner, officer: President, CEO and Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Micah Thomas Simmons officer: Chief Operating Officer 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
David J. Douglas director, 10 percent owner 3889 MAPLE AVE., 6TH FLOOR, DALLAS TX 75219
Charles K Njuguna officer: CHIEF FINANCIAL OFFICER PO BOX 1389, CROSBY TX 77532
Eugene L Butler director, officer: Chief Financial Officer PO BOX 12818, HOUSTON TX 77217
Wellington Trust Company, National Association Multiple Common Trust Funds Trust, Micro Cap Equity Portfolio 10 percent owner C/O WELLINGTON TRUST COMPANY, NA, 280 CONGRESS STREET, BOSTON MA 02210
Mary Lynne Budrunas director, 10 percent owner, officer: Secretary & Director 3020 SOUTH ISLAND DRIVE, SEABROOK TX 77586
Mark Carden director 18511 BEAUMONT HIGHWAY, HOUSTON TX 77049
Randolph W Warner director 8827 W. SAM HOUSTON PKWY N, #100, HOUSTON TX 77040
Perlus Microcap Fund L.p. 10 percent owner CRICKET SQUARE, HUTCHINS DRIVE, P.O. BOX 268, GRAND CAYMAN E9 KY1-1111
Ira Selya officer: Corporate Controller 8827 W SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040
Gay Stanley Mayeux officer: VP and CFO 8827 W. SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77040
Mark R Hollinger director 8827 W. SAM HOUSTON PKWY N, STE 100, HOUSTON TX 77040

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