Choice Hotels International, Inc. Financial Ratios — CZH

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	157.96	271.74	- -	- -
Return on Assets (%)	25.85	24.83	20.9	20.62	18.9	13.6	13.24	20.28	17.65	5.07	16.42	16.47	11.5	12.17	13.58
Return on Capital (%)	57.02	51.88	43.84	43.66	40.76	29.28	28.97	48.65	36.57	- -	26.51	25.98	19.48	20.55	21.94
Return on Invested Capital (%)	57.24	52.62	44.1	44.31	41.48	28.94	29.02	49.76	37.68	- -	27.85	26.35	18.52	20.12	18.34
Gross Margin (%)	44.72	43.75	43.75	45.56	43.16	43.09	49.07	48.69	46.75	40.2	56.07	49.93	51.31	53.34	52.72
EBITDA Margin (%)	28.18	29.12	28.4	29.54	27.55	26.58	33.67	33.84	31.81	21.98	44.84	38.7	29.19	33.73	33.05
Operating Margin (%)	26.93	27.93	27.08	28.31	26.2	23.08	30.74	30.99	29.91	17.62	40.14	35.8	28.14	30.35	28.38
Incremental Operating Margin (%)	26.4	40.22	8.67	54.98	10.55	74.83	77.19	33.28	14.67	57.83	99.17	21.86	- -	114.24	- -
Pretax Margin (%)	24.78	24.47	21.9	22.92	21.4	18.34	26.48	26.24	24.21	6.85	35.21	31.16	21.82	24.96	28.61
Profit Margin (%)	17.34	17.56	15.69	16.25	14.89	13.21	13	20.78	19.99	9.74	27.02	23.69	16.74	18.91	23.17
Net Income to Common Margin (%)	17.16	17.37	15.54	16.11	14.79	13.12	12.91	20.66	19.99	9.74	27.02	23.69	16.74	18.91	23.17
Effective Tax Rate (%)	30.17	28.45	28.56	30.09	30.41	27.97	50.92	20.82	17.43	- -	23.25	23.96	23.28	24.26	19.03
Dvd Payout Ratio (%)	38.86	544.02	28.22	35.26	34.86	42.88	39.35	22.07	21.58	33.53	8.67	15.82	21.84	18.52	14.45
Sustainable Growth Rate (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	132.97	212.4	- -	- -

Credit (USD)

Credit Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	253	855	794	785	814	841	727	755	883	1,082	1,108	1,285	1,682	1,887	2,022
ST Debt	1	8	10	12	1	1	1	1	18	11	228	14	504	5	8
LT Debt	252	847	783	773	813	839	725	754	865	1,071	880	1,272	1,178	1,882	2,014
Total Debt/EBITDA	1.4	4.24	3.86	3.51	3.44	3.91	2.29	2.14	2.49	6.36	2.31	2.37	3.73	3.53	3.83
Net Debt/EBITDA	0.81	3.58	3.04	2.55	2.62	2.97	1.55	2.07	2.31	4.84	1.14	2.14	3.42	3.23	3.53
Total Debt/EBIT	1.46	4.42	4.04	3.66	3.61	4.49	2.51	2.37	2.77	8.89	2.58	2.69	4.48	4.07	4.51
Net Debt/EBIT	0.84	3.73	3.19	2.66	2.75	3.41	1.7	2.29	2.57	6.77	1.28	2.43	4.11	3.73	4.15
EBITDA to Interest Expense	13.95	7.42	4.84	5.4	5.53	4.83	7.04	7.68	7.58	3.47	10.27	12.39	7.07	6.14	5.79
EBITDA-CapEx/Interest Expense	13.11	6.85	4.05	4.88	4.86	4.21	6.46	6.6	6.21	2.76	8.6	10.25	5.21	4.46	4.19
EBIT to Interest Expense	13.33	7.12	4.61	5.17	5.26	4.19	6.43	7.03	7.12	2.78	9.19	11.46	6.81	5.52	4.97
Interest Expense	13	27	43	41	43	44	45	46	47	49	47	44	64	87	91
Common Equity/Total Assets	-5.71	-101.27	-81.39	-67.22	-55.22	-36.52	-25.99	-16.14	-1.7	-0.36	13.76	7.36	1.49	-1.79	6.21
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	330.83	822.15	3,309.83	- -	1,111.35
Long-Term Debt/Capital (%)	110.96	267.49	229.97	216.89	194.37	158.6	155	132	100.69	99.55	64.03	88.31	68.61	102.17	91.4
Long-Term Debt/Total Assets (%)	56.3	159.27	140.81	121.13	113.38	98.47	72.88	66.19	62.41	67.5	45.53	60.49	49.2	74.36	69.02
Total Debt/Equity (%)	-988.64	-158.8	-175.23	-183.09	-205.64	-269.99	-280.94	-410.62	-3,755.61	-18,812.24	416.71	830.97	4,724.25	-4,168.56	1,115.96
Total Debt/Capital (%)	111.25	270.07	232.93	220.36	194.66	158.83	155.27	132.19	102.74	100.53	80.65	89.26	97.93	102.46	91.78
Total Debt/Total Assets (%)	56.45	160.81	142.62	123.07	113.55	98.61	73	66.29	63.68	68.17	57.35	61.14	70.22	74.58	69.3
Net Debt to Equity	-569.81	-133.89	-138.18	-132.98	-156.78	-204.96	-189.94	-396.13	-3,478.57	-14,324.74	206.43	751.3	4,329.64	-3,817.78	1,026.95
Net Debt/Capital (%)	121.29	395.1	361.94	403.26	276.11	195.27	211.18	133.77	99.05	97.91	63.66	83.1	91.17	95.93	86.22
EBITDA	181	202	206	224	237	215	317	352	355	170	479	543	451	535	528
EBITDA-CapEx	170	186	172	202	208	187	291	303	291	135	402	449	332	389	382
Operating Income (Loss)	173	193	196	215	225	186	289	323	333	136	429	502	435	481	453

Liquidity (USD)

Liquidity Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	0.65	0.78	0.96	1.07	0.93	0.77	0.83	0.08	0.1	0.92	0.9	0.1	0.03	0.09	0.1
Current Ratio	1.06	1.61	1.76	1.63	1.49	1.31	1.41	0.77	0.73	1.69	1.34	0.8	0.31	0.73	0.87
Quick Ratio	0.95	1.33	1.51	1.56	1.41	1.21	1.32	0.66	0.65	1.61	1.28	0.72	0.27	0.64	0.77
CFO/Avg Current Liab	0.75	0.83	0.88	1	0.81	0.64	0.94	0.81	0.84	0.38	0.93	0.73	0.43	0.45	0.58
Common Equity/Total Assets	-5.71	-101.27	-81.39	-67.22	-55.22	-36.52	-25.99	-16.14	-1.7	-0.36	13.76	7.36	1.49	-1.79	6.21
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	330.83	822.15	3,309.83	- -	1,111.35
Long-Term Debt/Capital (%)	110.96	267.49	229.97	216.89	194.37	158.6	155	132	100.69	99.55	64.03	88.31	68.61	102.17	91.4
Long-Term Debt/Total Assets (%)	56.3	159.27	140.81	121.13	113.38	98.47	72.88	66.19	62.41	67.5	45.53	60.49	49.2	74.36	69.02
Total Debt/Equity (%)	-988.64	-158.8	-175.23	-183.09	-205.64	-269.99	-280.94	-410.62	-3,755.61	-18,812.24	416.71	830.97	4,724.25	-4,168.56	1,115.96
Total Debt/Capital (%)	111.25	270.07	232.93	220.36	194.66	158.83	155.27	132.19	102.74	100.53	80.65	89.26	97.93	102.46	91.78
Total Debt/Total Assets (%)	56.45	160.81	142.62	123.07	113.55	98.61	73	66.29	63.68	68.17	57.35	61.14	70.22	74.58	69.3
CFO/Total Liabilities	27.76	14.02	15.25	17.59	14.83	13.06	20.53	18.37	19.19	6.91	23.03	18.85	12.57	12.4	9.88
CFO/CapEx	12.03	9.72	4.61	8.69	5.79	5.47	9.92	4.91	4.22	3.15	4.93	3.92	2.51	2.19	1.85
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.61	5.06

Working Capital (USD)

Working Capital Ratios API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover	- -	10.42	8.93	8.71	9.5	8.22	8.07	7.89	7.97	5.31	7.06	7.58	7.49	8.51	8.31
Days Sales Outstanding	- -	35.04	40.9	41.91	38.42	44.43	45.21	46.25	45.77	68.72	51.73	48.13	48.75	42.9	43.91
Inventory Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Days Inventory Outstanding	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Accounts Payable Turnover Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Conversion Cycle	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventory to Cash Days	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Inventories	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Raw Materials	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Work In Process	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Finished Goods	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Enterprise Value (USD)

Enterprise Value API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6,536	4,405
- Cash & Cash Equivalents	107	134	168	215	193	202	235	27	34	235	512	42	27	40	45
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	253	855	794	785	814	841	727	755	883	1,082	1,108	1,285	1,682	1,887	2,022
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8,383	6,382
Total Capital	227	317	341	356	418	529	468	571	859	1,076	1,374	1,440	1,717	1,842	2,204
Total Debt/Capital (%)	111.25	270.07	232.93	220.36	194.66	158.83	155.27	132.19	102.74	100.53	80.65	89.26	97.93	102.46	91.78
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.23	0.32
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.29	4
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.68	12.09
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.08	14.23
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.75	18.54
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35	32.16
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6,742	4,484
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8,589	6,462
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	178.91	138.75
TTM Sales	641	693	725	758	860	808	941	1,041	1,115	774	1,069	1,402	1,544	1,585	1,597
TTM EBITDA	181	202	206	224	237	215	317	352	355	170	479	543	451	535	528
TTM Operating Income	173	193	196	215	225	186	289	323	333	136	429	502	435	481	453
TTM Cash Flow to Firm	140	170	184	217	195	184	279	279	309	- -	420	400	345	385	344
TTM Free Cash Flow to Firm	129	154	151	195	166	156	254	230	245	- -	342	307	227	240	198

Multiples (USD)

Valuation Multiples API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	38.85	35.97
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.08	14.23
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8,383	6,382
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	108.35	84.23
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.29	4
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	15.68	12.09
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.28	12.01
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.41	15.2
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	24.34	19.31
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	17.31	10.57
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-144.38	24.3
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-132.25	30.74
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-157.68	39.07
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-112.15	21.38
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5.69	-3.65
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-5.21	-4.62
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-6.21	-5.87
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-4.42	-3.21
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.21	2.78
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.86	3.52
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.6	4.47
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3.27	2.45
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.91	16.44
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.15	20.79
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.83	26.42
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.24	14.46
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	35.58	45.5
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	42.43	57.83
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	30.18	31.64
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.94	4.73
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.67	5.67
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4.37	3.66
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.65	14.3
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.81	17.17
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.95	11.09
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	16.89	16.83
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.37	20.2
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	14.93	13.05
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	139.5	95.76
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	152.35	153.93
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	7,834	7,548
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	8,986	9,057
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	6,924	5,852

Per Share Data Items (USD)

Per-Share Data API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Shares Outstanding	58	58	59	57	56	56	57	56	56	56	56	52	50	47	46
Diluted Weighted Avg Shares	60	58	59	59	58	57	57	57	56	56	56	55	51	48	47
Basic Weighted Avg Shares	59	58	59	58	57	56	57	56	56	55	56	55	51	48	46
Revenue per Share	10.79	11.94	12.36	12.99	15.04	14.38	16.63	18.43	20.01	13.96	19.24	25.54	30.52	33.11	34.4
EBITDA per Share	3.04	3.48	3.51	3.84	4.14	3.82	5.6	6.24	6.37	3.07	8.63	9.88	8.91	11.17	11.37
Operating Income per Share	2.91	3.33	3.35	3.68	3.94	3.32	5.11	5.71	5.98	2.46	7.72	9.14	8.59	10.05	9.76
Basic EPS, GAAP	1.85	2.07	1.92	2.09	2.22	1.89	2.15	3.81	4	1.36	5.2	6.05	5.11	6.26	7.97
Basic EPS from Cont Ops	1.87	2.09	1.93	2.08	2.24	1.9	2.16	3.83	4	1.36	5.2	6.05	5.11	6.26	7.97
Diluted EPS, GAAP	1.85	2.07	1.91	2.08	2.2	1.87	2.14	3.78	3.98	1.35	5.15	5.99	5.07	6.2	7.9
Diluted EPS from Cont Ops	1.86	2.08	1.92	2.07	2.22	1.88	2.15	3.8	3.98	1.35	5.15	5.99	5.07	6.2	7.9
Dividend per Share	0.74	11.27	0.56	0.75	0.79	0.82	0.86	0.86	0.86	0.46	0.45	0.96	1.12	1.16	1.15
Cash Flow per Share	2.21	2.59	2.62	3.21	2.89	2.71	4.55	4.3	4.86	1.99	6.9	6.69	5.86	6.67	5.83
Free Cash Flow per Basic Share	2.03	2.32	2.05	2.84	2.39	2.21	4.09	3.42	3.71	1.35	5.5	4.98	3.52	3.63	2.69
Cash & Equivalents per Share	2.04	2.37	2.87	3.75	3.43	3.6	4.15	0.48	0.61	4.23	9.2	0.8	0.54	0.86	0.98
Book Value per Share	-0.44	-9.26	-7.72	-7.48	-7.03	-5.53	-4.56	-3.3	-0.42	-0.1	4.78	2.96	0.72	-0.97	3.94
Tangible Book Value per Share	-1.87	-10.62	-9.02	-8.78	-8.65	-7.21	-7.76	-11.21	-8.49	-8.44	-3.7	-15.44	-20.1	-24.53	-26.24