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Canada House Wellness Group (Canada House Wellness Group) Tangible Book per Share : $-0.01 (As of Apr. 2023)


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What is Canada House Wellness Group 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. Canada House Wellness Group's tangible book value per share for the quarter that ended in Apr. 2023 was $-0.01.

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.


Canada House Wellness Group Tangible Book per Share Historical Data

The historical data trend for Canada House Wellness Group'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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Canada House Wellness Group Tangible Book per Share Chart

Canada House Wellness Group Annual Data
Trend Mar12 Mar13 Mar14 Jul15 Jul16 Apr17 Apr18 Apr19 Apr20 Apr21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.03 0.01 0.01 -

Canada House Wellness Group Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Oct22 Jan23 Apr23
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 -0.01 -0.01 - - -0.01

Competitive Comparison of Canada House Wellness Group's Tangible Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Canada House Wellness Group'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.


Canada House Wellness Group's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Canada House Wellness Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Canada House Wellness Group's Price-to-Tangible-Book falls into.



Canada House Wellness Group Tangible Book per Share Calculation

Canada House Wellness Group's Tangible Book Value Per Share for the fiscal year that ended in Apr. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.501-0-8.099)/683.454
=-0.00

Canada House Wellness Group's Tangible Book Value Per Share for the quarter that ended in Apr. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.32-0-8.3)/683.454
=-0.01

* 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.


Canada House Wellness Group  (OTCPK:SARSF) 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.


Canada House Wellness Group Tangible Book per Share Related Terms

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Canada House Wellness Group (Canada House Wellness Group) Business Description

Traded in Other Exchanges
N/A
Address
551 Rue, Saint Marc, Louiseville, Quebec, QC, CAN, J5V 2L4
Canada House Cannabis Group Inc is a licensed producer that produces high quality medical grade cannabis. IsoCanMed Inc, a Licensed Producer in Louiseville, Quebec growing indoor cannabis, production facility employing state of the art vertical, aeroponic production methodologies; Canada House Clinics Inc, with clinics across the country that work directly with primary care teams to provide specialized cannabinoid therapy services to patients suffering from simple and complex medical conditions; and Knalysis Technologies, a provider of fully customizable, cloud-based software that links physician, provider, and patient to data that supports treatment with medical cannabis; Margaree Health Group a medical cannabis clinic.

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