Sourcefire (FIRE)

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54.08 -0.68  -1.24%   NASDAQ May 24, 8:00PM BATS Real time Currency in USD

Sourcefire Tangible Book Value

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Sourcefire Tangible Book Value Chart

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Sourcefire Historical Tangible Book Value Data

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March 31, 2013 Go Pro
Dec. 31, 2012 Go Pro
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Dec. 31, 2011 Go Pro
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Dec. 31, 2004 Go Pro

About Tangible Book Value

Tangible book value (TBV) is calculated by subtracting intangible assets from the company's book value. TBV is frequently used to illustrate "how much of a company is left after a bankruptcy filing?"

For instance, if a company filed bankruptcy with five million in current assets, three million in gross property, plant, and equipment, and four million in goodwill, we would expect the company to be able to sell the current assets and gross property. It would be unable / difficult to sell goodwill, because it's not a tangible asset. The TBV in this example would be eight (5+3) million.

Tangible book value excludes:
- Goodwill
- Items classified as "Intangible Assets" on the balance sheet
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