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G50 (ASX:G50) Tangible Book per Share : A$0.09 (As of Dec. 2023)


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What is G50 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. G50's tangible book value per share for the quarter that ended in Dec. 2023 was A$0.09.

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.


G50 Tangible Book per Share Historical Data

The historical data trend for G50'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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G50 Tangible Book per Share Chart

G50 Annual Data
Trend Jun22 Jun23
Tangible Book per Share
0.11 0.10

G50 Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share 0.12 0.11 0.11 0.10 0.09

Competitive Comparison of G50's Tangible Book per Share

For the Other Precious Metals & Mining subindustry, G50'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.


G50's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G50's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where G50's Price-to-Tangible-Book falls into.



G50 Tangible Book per Share Calculation

G50's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.46-0-0)/96.925
=0.10

G50's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.689-0-0)/109.29
=0.09

* 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.


G50  (ASX:G50) 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.


G50 Tangible Book per Share Related Terms

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G50 (ASX:G50) Business Description

Traded in Other Exchanges
N/A
Address
140 Arthur Street, Suite 503, North Sydney, NSW, AUS, 2060
Gold 50 Ltd is a mineral exploration and mining company focused on gold and silver projects. Some of its projects are the Golconda Project, the Spitfire Mine, the Broken Hills, the Caisson Project, and the Top Gun Project.

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