Symetra Financial Corporation Tangible Book Value
Symetra Financial Corporation Tangible Book Value Chart
Symetra Financial Corporation Historical Tangible Book Value DataPro Data Export
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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
View Tangible Book Value for SYA.
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SYA Tangible Book Value Benchmarks
|Atlantic American||Go Pro|
|Torchmark Corporation||Go Pro|
|Manulife Financial Corporation||Go Pro|
SYA Tangible Book Value Rankings
387 of 8006
119 of 956 in Financial Services
14 of 26 in Insurance - Life
SYA Tangible Book Value Range, Past 5 Years
|Minimum||Go Pro||Dec 2008|
|Maximum||Go Pro||Sep 2012|
Business Wire May 13
Seeking Alpha May 4
Street Insider May 2
Business Wire May 2
Seeking Alpha Apr 25