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Weave Communications (Weave Communications) Tangible Book per Share : $1.04 (As of Mar. 2024)


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What is Weave Communications 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. Weave Communications's tangible book value per share for the quarter that ended in Mar. 2024 was $1.04.

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.


Weave Communications Tangible Book per Share Historical Data

The historical data trend for Weave Communications'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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Weave Communications Tangible Book per Share Chart

Weave Communications Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
-1.52 -2.02 1.75 1.27 1.13

Weave Communications Quarterly Data
Dec19 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 1.20 1.12 1.17 1.13 1.04

Competitive Comparison of Weave Communications's Tangible Book per Share

For the Health Information Services subindustry, Weave Communications'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.


Weave Communications's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Weave Communications's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Weave Communications's Price-to-Tangible-Book falls into.



Weave Communications Tangible Book per Share Calculation

Weave Communications'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)
=(78.957-0-0)/70.1164
=1.13

Weave Communications'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)
=(73.436-0-0)/70.9804
=1.03

* 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.


Weave Communications  (NYSE:WEAV) 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.


Weave Communications Tangible Book per Share Related Terms

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Weave Communications (Weave Communications) Business Description

Traded in Other Exchanges
N/A
Address
1331 West Powell Way, Lehi, UT, USA, 84043
Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.
Executives
Matthew C. Hyde officer: Chief Revenue Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Erin Goodsell officer: Chief Legal Officer & Corp.Sec C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Bessemer Venture Partners Ix L.p. 10 percent owner C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Crosslink Capital Inc 10 percent owner 2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Branden Neish officer: Chief Product &Technology Ofcr C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Alan Taylor officer: Chief Financial Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Tiger Global Management Llc 10 percent owner 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
George P Scanlon director 13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
Blake G Modersitzki director 2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Marty Smuin officer: Chief Operating Officer C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Wendy Harper officer: Chief Legal Officer & Corp.Sec C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Harvey Stuart C. Jr director C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Debora B Tomlin director 6550 OAK LEAF COURT, YOUNTVILLE CA 94599
Roy Banks director, officer: Chief Executive Officer 6129 WEST 9600 NORTH, HIGHLAND UT 84003
Coleman Charles P Iii 10 percent owner C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019