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Metro Global Media (Metro Global Media) Tangible Book per Share : $-0.06 (As of Nov. 2001)


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What is Metro Global Media 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. Metro Global Media's tangible book value per share for the quarter that ended in Nov. 2001 was $-0.06.

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.


Metro Global Media Tangible Book per Share Historical Data

The historical data trend for Metro Global Media'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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Metro Global Media Tangible Book per Share Chart

Metro Global Media Annual Data
Trend May92 May93 May94 May95 May96 May97 May98 May99 May00 May01
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.91 0.52 -0.05

Metro Global Media Quarterly Data
Feb97 May97 Aug97 Nov97 Feb98 May98 Aug98 Nov98 Feb99 May99 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01
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 0.20 0.24 -0.05 -0.11 -0.06

Competitive Comparison of Metro Global Media's Tangible Book per Share

For the Entertainment subindustry, Metro Global Media'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.


Metro Global Media's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Metro Global Media's Price-to-Tangible-Book distribution charts can be found below:

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



Metro Global Media Tangible Book per Share Calculation

Metro Global Media's Tangible Book Value Per Share for the fiscal year that ended in May. 2001 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.356-0-4.799)/8.630
=-0.05

Metro Global Media's Tangible Book Value Per Share for the quarter that ended in Nov. 2001 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.862-0-4.428)/9.199
=-0.06

* 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.


Metro Global Media  (GREY:MGMA) 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.


Metro Global Media Tangible Book per Share Related Terms

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Metro Global Media (Metro Global Media) Business Description

Traded in Other Exchanges
N/A
Address
1060 Park Avenue, Cranston, RI, USA, 02910
Metro Global Media Inc operates in the media industry in United States. The company is a multimedia, mass marketing company that produces adult film, video, and internet entertainment. The firm also publishes and distributes magazines.

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