GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Nevada Gold & Casinos Inc (AMEX:UWN) » Definitions » Tangible Book per Share

Nevada Gold & Casinos (Nevada Gold & Casinos) Tangible Book per Share : $1.15 (As of Jan. 2019)


View and export this data going back to 1995. Start your Free Trial

What is Nevada Gold & Casinos 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. Nevada Gold & Casinos's tangible book value per share for the quarter that ended in Jan. 2019 was $1.15.

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.


Nevada Gold & Casinos Tangible Book per Share Historical Data

The historical data trend for Nevada Gold & Casinos'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.

* Premium members only.

Nevada Gold & Casinos Tangible Book per Share Chart

Nevada Gold & Casinos Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 0.60 0.64 0.77 0.82

Nevada Gold & Casinos Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19
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 0.79 0.82 1.06 1.09 1.15

Competitive Comparison of Nevada Gold & Casinos's Tangible Book per Share

For the Resorts & Casinos subindustry, Nevada Gold & Casinos'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.


Nevada Gold & Casinos's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Nevada Gold & Casinos's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Nevada Gold & Casinos's Price-to-Tangible-Book falls into.



Nevada Gold & Casinos Tangible Book per Share Calculation

Nevada Gold & Casinos's Tangible Book Value Per Share for the fiscal year that ended in Apr. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(34.253-0-20.421)/16.8482
=0.82

Nevada Gold & Casinos's Tangible Book Value Per Share for the quarter that ended in Jan. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(36.781-0-16.323)/17.7658
=1.15

* 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.


Nevada Gold & Casinos  (AMEX:UWN) 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.


Nevada Gold & Casinos Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Nevada Gold & Casinos's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Nevada Gold & Casinos (Nevada Gold & Casinos) Business Description

Traded in Other Exchanges
N/A
Address
133 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Nevada Gold & Casinos Inc is a gaming company involved in financing, developing, owning and operating gaming properties and projects. It operates with Washington, South Dakota, Nevada and Corporate segments. The Washington Gold segment consists of the Washington mini-casinos. The South Dakota Gold segment includes slot route operation in South Dakota. The Nevada segment consists of club fortune casino and corporate segment includes the vacant land in Colorado and its taxes and maintenance expenses. The firm has approximately 540 slot machines, seven table games and a poker room, two bars, an entertainment lounge, a William Hill sports book, a cafe, a snack bar, and a gift shop. Nevada derives the majority of revenue from casino operation and rests from others.
Executives
Michael P Shaunnessy officer: President/CEO 50 BRIAR HOLLOW LANE, STE 500W, HOUSTON TX 77027
James Meier officer: CFO 4670 SOUTH FORT APACHE ROAD, SUITE 190, LAS VEGAS NV 89147
Wayne H White director
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital, Inc. Profit Sharing Plan 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123

Nevada Gold & Casinos (Nevada Gold & Casinos) Headlines

From GuruFocus

The Big Deal: Electronic Scratch Ticket Games and Nevada Gold.

By ragnarisapirate ragnarisapirate 10-04-2011

Interview of Bob Sturges, CEO of Nevada Gold

By ragnarisapirate ragnarisapirate 10-02-2011