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Geosolar Technologies (Geosolar Technologies) Tangible Book per Share : $-0.05 (As of Mar. 2024)


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What is Geosolar Technologies 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. Geosolar Technologies's tangible book value per share for the quarter that ended in Mar. 2024 was $-0.05.

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.


Geosolar Technologies Tangible Book per Share Historical Data

The historical data trend for Geosolar Technologies'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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Geosolar Technologies Tangible Book per Share Chart

Geosolar Technologies Annual Data
Trend Dec22 Dec23
Tangible Book per Share
-0.03 -0.05

Geosolar Technologies Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial -0.03 - -0.04 -0.05 -0.05

Competitive Comparison of Geosolar Technologies's Tangible Book per Share

For the Solar subindustry, Geosolar Technologies'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.


Geosolar Technologies's Price-to-Tangible-Book Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Geosolar Technologies's Price-to-Tangible-Book distribution charts can be found below:

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



Geosolar Technologies Tangible Book per Share Calculation

Geosolar Technologies'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)
=(-3.005-0-0)/65.352
=-0.05

Geosolar Technologies'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)
=(-3.151-0-0)/65.552
=-0.05

* 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.


Geosolar Technologies  (OTCPK:GSLR) 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.


Geosolar Technologies Tangible Book per Share Related Terms

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Geosolar Technologies (Geosolar Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1400 16th Street, Suite 400, Denver, CO, USA, 80202
Geosolar Technologies Inc plans to install natural energy systems, referred to as the GeoSolar Plus System in newly built and existing residences as well as green new apartments and commercial buildings. The GSP System is based on combining solar power, geothermal ground-sourced energy and other clean energy technologies into one fully integrated system. The GSP system is designed to significantly reduce energy consumption and associated carbon emissions and improve the atmospheric and indoor air quality in residences.

Geosolar Technologies (Geosolar Technologies) Headlines