What Is Booking the Basis? Booking the basis is an arrangement made between a buyer and a seller using a forward sales agreement. Booking the basis effectively locks in the current basis, or the discrepancy between the futures contract price and the spot price of the underlying asset. It does not lock in the full
What Is a Book Runner? The term book runner or a bookrunner refers to the primary underwriter or lead coordinator in the issuance of new equity, debt, or securities instruments. The book runner is the lead underwriting firm that runs or is in charge of the books in investment banking. Book runners may also coordinate with
What Is the Book-to-Bill Ratio? A book-to-bill ratio is the ratio of orders received to units shipped and billed for a specified period, generally a month or quarter. It is a widely used metric in the technology industry, specifically in the semiconductor equipment sector. Investors and analysts closely watch this ratio for an indication of
What Is the Book-to-Market Ratio? The book-to-market ratio is one indicator of a company’s value. The ratio compares a firm’s book value to its market value. A company’s book value is calculated by looking at the company’s historical cost, or accounting value. A firm’s market value is determined by its share price in the stock
What Is the Book-To-Ship Ratio? The book-to-ship ratio measures the ratio of orders being shipped for immediate delivery, and therefore billed, to orders booked for future delivery. This ratio can be used to help measure a company’s efficiency and identify potential problems in internal and external supply chains. Key Takeaways The book-to-ship ratio measures the
What Is a Book Transfer? A book transfer is the transfer of funds from one deposit account to another at the same financial institution. An example would be when an individual moves funds from their checking account to their savings account. It can also be used to refer to the change in ownership of an
What Is Book Value? Book value is equal to the cost of carrying an asset on a company’s balance sheet, and firms calculate it netting the asset against its accumulated depreciation. As a result, book value can also be thought of as the net asset value (NAV) of a company, calculated as its total assets minus intangible
What Is Book Value Per Common Share? Book value per common share (or, simply book value per share – BVPS) is a method to calculate the per-share book value of a company based on common shareholders’ equity in the company. The book value of a company is the difference between that company’s total assets and total
What is Book Value Reduction? A book value reduction lowers the value at which an asset is carried on the books. This reduction occurs because changes in the asset or market conditions have reduced its current market value. Key Takeaways A book value reduction is the result of the decreased market value of an asset.Book
What Is Boolean Algebra? Boolean algebra is a division of mathematics that deals with operations on logical values and incorporates binary variables. Boolean algebra traces its origins to an 1854 book by mathematician George Boole. The distinguishing factor of Boolean algebra is that it deals only with the study of binary variables. Most commonly Boolean
