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Starcore International Mines (Starcore International Mines) Tangible Book per Share : $0.51 (As of Jan. 2023)


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What is Starcore International Mines Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Starcore International Mines's tangible book value per share for the quarter that ended in Jan. 2023 was $0.51.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Starcore International Mines Tangible Book per Share Historical Data

The historical data trend for Starcore International Mines's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Starcore International Mines Tangible Book per Share Chart

Starcore International Mines Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.59 0.54 0.59 0.64

Starcore International Mines Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.64 0.57 0.54 0.51

Competitive Comparison of Starcore International Mines's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Starcore International Mines's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Starcore International Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Starcore International Mines's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Starcore International Mines's Price-to-Tangible-Book falls into.



Starcore International Mines Tangible Book per Share Calculation

Starcore International Mines's Tangible Book Value Per Share for the fiscal year that ended in Apr. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(31.718-0-0)/49.6469
=0.64

Starcore International Mines's Tangible Book Value Per Share for the quarter that ended in Jan. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(28.601-0-0)/55.6469
=0.51

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Starcore International Mines  (OTCPK:SHVLF) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Starcore International Mines Tangible Book per Share Related Terms

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Starcore International Mines (Starcore International Mines) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines