HealthStream, Inc. Financial Ratios — HL5 Stock

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 (%)	7.82	6.04	5.98	6.55	3.85	1.33	3.41	10.41	4.8	4.19	1.74	3.59	4.51	5.72	5.14
Return on Assets (%)	5.88	4.65	4.35	4.42	2.71	0.97	2.48	7.55	3.39	2.85	1.18	2.46	3.05	3.96	3.56
Return on Capital (%)	7.84	6.04	5.98	6.55	3.85	1.33	3.41	10.41	4.59	3.85	1.61	3.35	4.24	5.42	4.92
Return on Invested Capital (%)	7.81	6	5.91	6.5	3.81	1.57	2.81	4.02	3.4	3.43	1.67	2.68	3.67	4.67	4.3
Gross Margin (%)	62.15	59.84	57.96	56.56	57.23	60.98	59.42	58.55	59.12	63.51	64.54	65.84	65.95	66.42	64.74
EBITDA Margin (%)	20.41	19.4	17.02	16	14.62	14.33	15.57	17.15	16.76	18.79	17.48	18.89	20.46	21.44	20.95
Operating Margin (%)	13.82	12.97	11.09	9.59	6.49	3.73	4.38	6.69	5.79	6.46	3.14	4.67	5.74	7.3	6.66
Incremental Operating Margin (%)	26.23	9.79	4.23	4.45	- -	37.84	9.82	36.39	- -	- -	- -	43.44	29.17	41.87	- -
Pretax Margin (%)	13.83	13.09	11.22	9.68	6.56	4.03	4.72	7.16	7.06	7.28	3.03	5.84	6.63	8.5	7.64
Profit Margin (%)	8.46	7.37	6.36	6.09	4.12	1.95	4.66	13.91	6.21	5.76	2.28	4.53	5.45	6.86	6.03
Net Income to Common Margin (%)	8.46	7.37	6.36	6.09	4.12	1.95	4.66	13.91	6.21	5.76	2.28	4.53	5.45	6.86	6.03
Effective Tax Rate (%)	38.81	43.69	43.28	37.09	37.16	38.2	12.84	20.05	20.82	20.94	24.74	22.42	17.82	19.34	21
Dvd Payout Ratio (%)	- -	- -	- -	- -	- -	- -	- -	244.19	0.41	0.28	0.33	- -	20.1	17.01	20.33
Sustainable Growth Rate (%)	7.82	6.04	5.98	6.55	3.85	1.33	3.41	-15.01	4.78	4.18	1.73	3.59	3.6	4.74	4.1

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	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
ST Debt	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
LT Debt	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
Total Debt/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	0.72	0.62	0.58	0.46	0.35	0.28	0.23
Net Debt/EBITDA	-4.59	-2.06	-2.64	-3	-2.68	-1.8	-2.53	-3.38	-3.09	-0.79	-1.05	-0.91	-0.71	-0.95	-0.57
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	2.09	1.8	3.25	1.87	1.26	0.82	0.73
Net Debt/EBIT	-6.78	-3.07	-4.06	-5.01	-6.05	-6.92	-9.01	-8.67	-8.94	-2.31	-5.82	-3.7	-2.52	-2.79	-1.79
EBITDA to Interest Expense	348.96	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	136.88	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	236.21	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	78.4	75.74	70.29	65.25	73.85	72.25	73.01	72.17	69.08	66.77	69.65	67.12	68.16	70.36	68.03
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	9.09	8.53	7.72	6.98	5.94	4.83	4.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	8.33	7.86	7.17	6.53	5.61	4.61	3.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	6.28	5.69	5.38	4.69	4.05	3.4	2.82
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	9.09	8.53	7.72	6.98	5.94	4.83	4.15
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	8.33	7.86	7.17	6.53	5.61	4.61	3.98
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	6.28	5.69	5.38	4.69	4.05	3.4	2.82
Net Debt to Equity	-63.6	-31.29	-39.84	-48.85	-29.26	-17.35	-28.24	-42.11	-38.9	-10.95	-13.84	-13.78	-11.84	-16.55	-10.21
Net Debt/Capital (%)	-174.74	-45.54	-66.23	-95.49	-41.35	-20.99	-39.35	-72.75	-55.42	-11.22	-14.74	-14.78	-12.58	-18.75	-10.87
EBITDA	17	20	23	27	31	28	33	40	43	46	45	50	57	63	64
EBITDA-CapEx	7	11	14	17	15	14	18	21	6	27	20	25	29	61	60
Operating Income (Loss)	11	13	15	16	14	7	9	15	15	16	8	12	16	21	20

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	2.57	2.66	1.92	1.57	1.67	1.09	1.3	1.58	1.64	0.39	0.52	0.46	0.6	0.84	0.46
Current Ratio	3.42	3.38	2.62	2.26	2.35	1.87	1.98	2.26	2.14	0.96	1.06	0.98	1.1	1.32	0.96
Quick Ratio	3.11	3.14	2.4	2.02	2.1	1.59	1.67	1.96	1.93	0.78	0.87	0.82	0.93	1.15	0.77
CFO/Avg Current Liab	0.69	0.67	0.59	0.51	0.42	0.26	0.48	0.42	0.62	0.32	0.39	0.47	0.54	0.49	0.53
Common Equity/Total Assets	78.4	75.74	70.29	65.25	73.85	72.25	73.01	72.17	69.08	66.77	69.65	67.12	68.16	70.36	68.03
Long-Term Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	9.09	8.53	7.72	6.98	5.94	4.83	4.15
Long-Term Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	8.33	7.86	7.17	6.53	5.61	4.61	3.98
Long-Term Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	6.28	5.69	5.38	4.69	4.05	3.4	2.82
Total Debt/Equity (%)	- -	- -	- -	- -	- -	- -	- -	- -	9.09	8.53	7.72	6.98	5.94	4.83	4.15
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	8.33	7.86	7.17	6.53	5.61	4.61	3.98
Total Debt/Total Assets (%)	- -	- -	- -	- -	- -	- -	- -	- -	6.28	5.69	5.38	4.69	4.05	3.4	2.82
CFO/Total Liabilities	59.29	53.22	42.83	38.32	35.18	22.05	42.1	35.16	43.37	21.58	28.69	31.27	40.18	38.08	38.06
CFO/CapEx	1.94	2.57	3.11	3.36	2.27	1.76	3.09	2.34	1.8	1.91	1.67	2.04	2.28	41.16	17.18
Altman's Z-Score	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5.48	6.35	5.26

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	5.78	6.62	6.51	5.84	6.01	4.73	5.27	6.19	7.73	7.16	7.23	7.96	7.85	9.04	9.75
Days Sales Outstanding	63.15	55.18	56.1	62.53	60.7	77.09	69.21	58.95	47.24	50.97	50.5	45.85	46.48	40.38	37.42
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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	823	963	681
- Cash & Cash Equivalents	77	41	60	82	82	50	85	134	132	37	47	46	40	59	36
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Total Debt	- -	- -	- -	- -	- -	- -	- -	- -	31	28	26	23	20	17	15
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	772	883	639
Total Capital	121	132	149	168	280	286	300	319	369	363	365	357	361	377	369
Total Debt/Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	8.33	7.86	7.17	6.53	5.61	4.61	3.98
Total Debt / EV	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.03	0.02	0.02
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.77	3.03	2.1
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.52	14.12	10.03
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	48.18	41.49	31.57
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.07	15.32	10.09
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.46	15.7	10.71
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	833	967	694
Diluted Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	782	887	652
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25.48	29.02	21.6
TTM Sales	82	104	132	171	209	192	215	232	254	245	257	267	279	292	304
TTM EBITDA	17	20	23	27	31	28	33	40	43	46	45	50	57	63	64
TTM Operating Income	11	13	15	16	14	7	9	15	15	16	8	12	16	21	20
TTM Cash Flow to Firm	20	23	27	34	35	24	47	43	66	36	42	51	64	58	63
TTM Free Cash Flow to Firm	10	14	18	24	20	10	32	25	29	17	17	26	36	56	60

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	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	23.16	17.18	11.64
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	48.18	41.49	31.57
Enterprise Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	772	883	639
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25.29	24.09	22.91
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.77	3.03	2.1
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.52	14.12	10.03
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	54.57	48.06	37.69
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	53.59	42.87	46.85
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	54.91	50.72	55.74
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	50.81	36.59	37.5
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.41	2.68	1.92
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.37	2.39	2.39
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.43	2.83	2.85
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.25	2.04	1.91
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.22	13.91	26.21
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	19.85	12.41	32.57
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	20.34	14.68	38.76
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	18.82	10.59	26.07
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.97	3.3	2.27
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.92	2.94	2.83
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.99	3.48	3.36
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.77	2.51	2.26
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.98	16.68	10.92
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.74	14.87	13.57
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.06	17.6	16.15
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.08	12.69	10.86
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	22.75	15.32	14.47
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	23.3	18.13	17.22
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	21.57	13.08	11.58
EV/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.71	2.67	2.65
EV/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.78	3.21	3.17
EV/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	2.56	2.24	2.09
EV/EBITDA Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.26	12.46	12.63
EV/EBITDA High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	13.61	14.98	15.15
EV/EBITDA Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	12.53	10.45	9.97
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	47.26	36.6	39.75
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	48.5	43.99	47.7
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	44.65	30.69	31.4
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.16	31.65	23.03
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	27.32	33.4	34.06
Enterprise Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	757	779	804
Enterprise Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	777	936	965
Enterprise Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	715	653	635

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	26	26	27	28	32	32	32	32	32	31	31	31	30	30	30
Diluted Weighted Avg Shares	24	28	28	28	30	32	32	32	32	32	32	31	31	31	30
Basic Weighted Avg Shares	22	26	27	28	30	32	32	32	32	32	32	31	31	30	30
Revenue per Share	3.66	3.97	4.93	6.19	6.95	6.06	6.74	7.18	7.85	7.66	8.14	8.71	9.13	9.6	10.13
EBITDA per Share	0.75	0.77	0.84	0.99	1.02	0.87	1.05	1.23	1.32	1.44	1.42	1.64	1.87	2.06	2.12
Operating Income per Share	0.51	0.52	0.55	0.59	0.45	0.23	0.3	0.48	0.45	0.49	0.26	0.41	0.52	0.7	0.67
Basic EPS, GAAP	0.31	0.29	0.31	0.38	0.29	0.12	0.31	1	0.49	0.44	0.19	0.39	0.5	0.66	0.61
Basic EPS from Cont Ops	0.31	0.29	0.31	0.38	0.29	0.15	0.28	0.41	0.44	0.44	0.19	0.39	0.5	0.66	0.61
Diluted EPS, GAAP	0.29	0.28	0.3	0.37	0.28	0.12	0.31	1	0.49	0.44	0.18	0.39	0.5	0.66	0.61
Diluted EPS from Cont Ops	0.29	0.28	0.3	0.37	0.28	0.15	0.27	0.41	0.44	0.44	0.18	0.39	0.5	0.66	0.61
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	1	- -	- -	- -	- -	0.1	0.11	0.12
Cash Flow per Share	0.88	0.86	1.01	1.24	1.16	0.76	1.47	1.34	2.03	1.12	1.34	1.67	2.09	1.9	2.11
Free Cash Flow per Basic Share	0.43	0.53	0.68	0.87	0.65	0.33	0.99	0.77	0.9	0.53	0.54	0.85	1.18	1.85	1.99
Cash & Equivalents per Share	3.22	3.56	3.96	4.37	4.71	3.25	4.11	5.22	5.34	1.48	1.66	1.76	2.35	3.19	1.93
Book Value per Share	4.67	5.04	5.47	6.06	8.86	9.01	9.41	9.87	10.44	10.61	10.82	10.92	11.25	11.81	11.97
Tangible Book Value per Share	3.47	3.22	3.43	3.56	4.02	2.57	4.06	4.8	4.77	0.9	1.11	0.75	1.34	2.27	0.88