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Inspiration Healthcare Group (LSE:IHC) Tangible Book per Share : £0.26 (As of Jul. 2023)


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What is Inspiration Healthcare Group 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. Inspiration Healthcare Group's tangible book value per share for the quarter that ended in Jul. 2023 was £0.26.

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.


Inspiration Healthcare Group Tangible Book per Share Historical Data

The historical data trend for Inspiration Healthcare Group'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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Inspiration Healthcare Group Tangible Book per Share Chart

Inspiration Healthcare Group Annual Data
Trend Dec14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.18 0.25 0.29 0.27

Inspiration Healthcare Group Semi-Annual Data
Dec13 Jun14 Dec14 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 0.25 0.29 0.27 0.27 0.26

Competitive Comparison of Inspiration Healthcare Group's Tangible Book per Share

For the Medical Devices subindustry, Inspiration Healthcare Group'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.


Inspiration Healthcare Group's Price-to-Tangible-Book Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Inspiration Healthcare Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Inspiration Healthcare Group's Price-to-Tangible-Book falls into.



Inspiration Healthcare Group Tangible Book per Share Calculation

Inspiration Healthcare Group's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(35.474-0-17.004)/68.1306
=0.27

Inspiration Healthcare Group's Tangible Book Value Per Share for the quarter that ended in Jul. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(35.227-0-17.251)/68.2348
=0.26

* 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.


Inspiration Healthcare Group  (LSE:IHC) 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.


Inspiration Healthcare Group Tangible Book per Share Related Terms

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Inspiration Healthcare Group (LSE:IHC) Business Description

Traded in Other Exchanges
N/A
Address
Unit 7/8 Commerce Park, Commerce Way, Croydon, GBR, CR0 4YL
Inspiration Healthcare Group PLC supplies outcome-improving medical devices in the areas of neonatal intensive care and patient warming. It operates in the Critical Care Medical Devices segment which includes Critical Care, Operating Theatre, and Home Healthcare. The company derives the maximum of its revenue from the United Kingdom through the Critical Care market division.

Inspiration Healthcare Group (LSE:IHC) Headlines

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