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AgriFORCE Growing Systems (AgriFORCE Growing Systems) Tangible Book per Share : $-0.15 (As of Mar. 2024)


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What is AgriFORCE Growing Systems 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. AgriFORCE Growing Systems's tangible book value per share for the quarter that ended in Mar. 2024 was $-0.15.

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.


AgriFORCE Growing Systems Tangible Book per Share Historical Data

The historical data trend for AgriFORCE Growing Systems'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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AgriFORCE Growing Systems Tangible Book per Share Chart

AgriFORCE Growing Systems Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial -12.84 -18.89 21.49 -8.06 -0.71

AgriFORCE Growing Systems Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -12.91 -12.65 -4.92 -0.71 -0.15

Competitive Comparison of AgriFORCE Growing Systems's Tangible Book per Share

For the Farm Products subindustry, AgriFORCE Growing Systems'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.


AgriFORCE Growing Systems's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, AgriFORCE Growing Systems's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where AgriFORCE Growing Systems's Price-to-Tangible-Book falls into.



AgriFORCE Growing Systems Tangible Book per Share Calculation

AgriFORCE Growing Systems's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(8.565-0-12.734)/5.84104
=-0.71

AgriFORCE Growing Systems's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(8.939-0-12.266)/22.5739
=-0.15

* 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.


AgriFORCE Growing Systems  (NAS:AGRI) 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.


AgriFORCE Growing Systems Tangible Book per Share Related Terms

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AgriFORCE Growing Systems (AgriFORCE Growing Systems) Business Description

Traded in Other Exchanges
N/A
Address
300-2233 Columbia Street, Vancouver, BC, CAN, V5Y 0M6
AgriFORCE Growing Systems Ltd is a Canada-based company dedicated to transforming modern agricultural development through its proprietary patent-pending facility design and automated growing system. Its methods are designed to produce high-quality, pesticide-free, locally cultivated crops, cost-effectively and with the ability to quickly scale, in virtually any climate.
Executives
Ingo Wilhelm Mueller director, officer: Chief Executive Officer 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6
Amy Griffith director 718 OLD LANCASTER ROAD, BRYN MAWR PA 19010
Richard Levychin director 189 MONTAGUE STREET, APT. 28A, BROOKLYN NY 11201
Don Nicholson director 1602-1228 WEST HASTINGS ST, VANCOUVER A1 V6E 4S6
David Ryan Welch director 500 SOUTH GRAND AVENUE,, SUITE 1800, LOS ANGELES CA 90071
William John Meekison director 4475 ROSS CRESCENT, WEST VANCOUVER A1 V7W 1B4
Troy Mcclellan officer: President, AgriFORCE Solutions C/O AGRIFORCE GROWING SYSTEMS LTD, 300 - 2233 COLUMBIA STREET, VANCOUVER A1 V5Y 0M6