Spirit Airlines Tangible Book Value (Per Share)
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Spirit Airlines Tangible Book Value (Per Share) Chart
Spirit Airlines Historical Tangible Book Value (Per Share) Data
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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:
- Items classified as "Intangible Assets" on the balance sheet
SAVE Tangible Book Value (Per Share) Benchmarks
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SAVE Tangible Book Value (Per Share) Range, Past 5 Years
SAVE Tangible Book Value (Per Share) Excel Add-In Codes
- Metric Code: book_value_of_tangible_equity_per_share
- Latest data point: =YCP("SAVE", "book_value_of_tangible_equity_per_share")
- Last 5 data points: =YCS("SAVE", "book_value_of_tangible_equity_per_share", -4)
To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.
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