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SRH Total Return Fund, (SRH Total Return Fund,) Tangible Book per Share : $16.83 (As of Nov. 2023)


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What is SRH Total Return 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. SRH Total Return Fund,'s tangible book value per share for the quarter that ended in Nov. 2023 was $16.83.

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.


SRH Total Return Fund, Tangible Book per Share Historical Data

The historical data trend for SRH Total Return 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.

* Premium members only.

SRH Total Return Fund, Tangible Book per Share Chart

SRH Total Return Fund, Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tangible Book per Share
Get a 7-Day Free Trial 13.56 13.29 15.69 15.88 16.83

SRH Total Return Fund, Semi-Annual Data
May16 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 15.69 16.09 15.88 15.30 16.83

Competitive Comparison of SRH Total Return Fund,'s Tangible Book per Share

For the Asset Management subindustry, SRH Total Return 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.


SRH Total Return Fund,'s Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where SRH Total Return Fund,'s Price-to-Tangible-Book falls into.



SRH Total Return Fund, Tangible Book per Share Calculation

SRH Total Return Fund,'s Tangible Book Value Per Share for the fiscal year that ended in Nov. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1633.673-0-0)/97.0685
=16.83

SRH Total Return Fund,'s Tangible Book Value Per Share for the quarter that ended in Nov. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1633.673-0-0)/97.0685
=16.83

* 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.


SRH Total Return Fund,  (NYSE:STEW) 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.


SRH Total Return Fund, Tangible Book per Share Related Terms

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SRH Total Return Fund, (SRH Total Return Fund,) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1850, Denver, CO, USA, 80290
SRH Total Return Fund, Inc. is a non-diversified closed-end management investment company. The company's investment objective is to seek total return. Its fund utilizes a bottom-up, value-driven investment process to identify securities of good quality businesses trading below estimated intrinsic value.
Executives
Thomas Jack Moore director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jonathan Albro Vickery other: Officer of Advisor 1700 BROADWAY, SUITE 1230, DENVER CO 80290
Advisors Paralel other: Investment Adviser 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Stephen C Miller director, officer: President 2344 SPRUCE STREET, SUITE A, BOULDER CO 80302
Massachusetts Mutual Life Insurance Co 10 percent owner 1295 STATE STREET, SPRINGFIELD MA 01111
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6
Ernest Horejsi Trust No 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart R. Horejsi Trust No. 2 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Mildred B. Horejsi Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Susan L Ciciora Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Stewart West Indies Trust 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501
Lola Brown Trust 1b 10 percent owner C/O ALASKA TRUST COMPANY, 1029 WEST 3RD AVENUE, SUITE 400, ANCHORAGE AK 99501

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