GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » International Tower Hill Mines Ltd (AMEX:THM) » Definitions » Tangible Book per Share

International Tower Hill Mines (International Tower Hill Mines) Tangible Book per Share : $0.29 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is International Tower Hill Mines 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. International Tower Hill Mines's tangible book value per share for the quarter that ended in Dec. 2023 was $0.29.

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.


International Tower Hill Mines Tangible Book per Share Historical Data

The historical data trend for International Tower Hill Mines'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.

* Premium members only.

International Tower Hill Mines Tangible Book per Share Chart

International Tower Hill Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.35 0.32 0.31 0.29

International Tower Hill Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.31 0.31 0.30 0.30 0.29

Competitive Comparison of International Tower Hill Mines's Tangible Book per Share

For the Gold subindustry, International Tower Hill Mines'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.


International Tower Hill Mines's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where International Tower Hill Mines's Price-to-Tangible-Book falls into.



International Tower Hill Mines Tangible Book per Share Calculation

International Tower Hill Mines'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)
=(57.14-0-0)/195.886
=0.29

International Tower Hill Mines'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)
=(57.14-0-0)/195.886
=0.29

* 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.


International Tower Hill Mines  (AMEX:THM) 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.


International Tower Hill Mines Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of International Tower Hill Mines's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


International Tower Hill Mines (International Tower Hill Mines) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
International Tower Hill Mines Ltd is a mining company. It is engaged in the acquisition, exploration, and development of mineral properties. The company holds interests in an exploration project namely the Livengood Gold Project. It is located approximately 70 miles northwest of Fairbanks, Alaska in the Tolovana mining district within the Tintina gold belt. The project property consists of land leased from the Alaska mental health trust, a number of smaller private mineral leases, Alaska state mining claims purchased or located by the company and patented ground held by the company.
Executives
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Edel Tully director C/O INTERNATIONAL TOWER HILL MINES LTD., 2710-200 GRANVILLE STREET, VANCOUVER A1 V6C 1S4
Karl L Hanneman director, officer: Chief Executive Officer 506 GAFFNEY ROAD, SUITE 200, FAIRBANKS AK 99701
David Allen Cross officer: Chief Financial Officer C/O INERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Stuart Alan Harshaw director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS ST., SUITE 2300, VANCOUVER A1 V6E 2K3
Anton J Drescher director 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Electrum Strategic Opportunities Fund Ii Gp L.p. 10 percent owner C/O THE ELECTRUM GROUP LLC, 535 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Christopher Papagianis director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 WEST HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Electrum Strategic Opportunities Fund Ii L.p. 10 percent owner C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FL., NEW YORK NY 10065
Esof Ii Gp Ltd. 10 percent owner C/O THE ELECTRUM GROUP LLC, 535 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10022
Electrum Group Llc 10 percent owner 535 MADISON AVENUE, 11TH FLOOR, NEW YORK NY 10022
Thomas S. Weng director C/O INTERNATIONAL TOWER HILL MINES LTD., 1177 W. HASTINGS STREET, SUITE 2300, VANCOUVER A1 V6E 2K3
Mark R Hamilton director 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Tom Sq Yip officer: CFO 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3
Thomas E Irwin officer: CEO AND PRESIDENT 2300 - 1177 WEST HASTINGS STREET, VANCOUVER A1 V6E 2K3