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Phoslock Environmental Technologies (ASX:PET) Tangible Book per Share : A$0.02 (As of Dec. 2024)


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What is Phoslock Environmental 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. Phoslock Environmental Technologies's tangible book value per share for the quarter that ended in Dec. 2024 was A$0.02.

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.


Phoslock Environmental Technologies Tangible Book per Share Historical Data

The historical data trend for Phoslock Environmental 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.

* Premium members only.

Phoslock Environmental Technologies Tangible Book per Share Chart

Phoslock Environmental Technologies Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.04 0.02 0.02 0.02

Phoslock Environmental Technologies Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Phoslock Environmental Technologies's Tangible Book per Share

For the Pollution & Treatment Controls subindustry, Phoslock Environmental 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.


Phoslock Environmental Technologies's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Phoslock Environmental Technologies's Price-to-Tangible-Book distribution charts can be found below:

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


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Phoslock Environmental Technologies Tangible Book per Share Calculation

Phoslock Environmental Technologies's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(10.007-0-0)/624.391
=0.02

Phoslock Environmental Technologies's Tangible Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(10.007-0-0)/624.391
=0.02

* 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.


Phoslock Environmental Technologies  (ASX:PET) 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.


Phoslock Environmental Technologies Tangible Book per Share Related Terms

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Phoslock Environmental Technologies Business Description

Traded in Other Exchanges
N/A
Address
75 Elizabeth Street, Suite3, Level 12, Sydney, NSW, AUS, 2000
Phoslock Environmental Technologies Ltd provides water technologies and engineering solutions to manage nutrients and other water pollutants. The company is engaged in providing design, engineering, and project implementation solutions for water-related projects and water treatment products to clean up lakes, rivers, canals, wetlands, and drinking water reservoirs. The geographical segments of the group are Australia/New Zealand, Europe/UK, U.S/Canada/Brazil, and China.