GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » East Africa Metals Inc (OTCPK:EFRMF) » Definitions » Tangible Book per Share

East Africa Metals (East Africa Metals) Tangible Book per Share : $0.05 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is East Africa Metals 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. East Africa Metals's tangible book value per share for the quarter that ended in Dec. 2023 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.


East Africa Metals Tangible Book per Share Historical Data

The historical data trend for East Africa Metals'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.

East Africa Metals Tangible Book per Share Chart

East Africa Metals Annual Data
Trend Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 0.07 0.07 0.06

East Africa Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 0.06 - 0.05 0.05 0.05

Competitive Comparison of East Africa Metals's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, East Africa Metals'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.


East Africa Metals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where East Africa Metals's Price-to-Tangible-Book falls into.



East Africa Metals Tangible Book per Share Calculation

East Africa Metals's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(12.995-0-0)/204.28
=0.06

East Africa Metals'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)
=(9.612-0-0)/204.28
=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.


East Africa Metals  (OTCPK:EFRMF) 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.


East Africa Metals Tangible Book per Share Related Terms

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


East Africa Metals (East Africa Metals) Business Description

Traded in Other Exchanges
Address
777 Dunsmuir Street, 17th Floor, Vancouver, BC, CAN, V7Y 1K4
East Africa Metals Inc is a mineral exploration company focused on the identification, acquisition, exploration, development, and/or sale of base and precious mineral resource properties in Ethiopia and Tanzania. The company's mineral properties consist of one project in Ethiopia, the Harvest Project, Adyabo Project, and one project in Tanzania, the Handeni and Other Properties. The geographical segments of the company include Canada, Tanzania, and Ethiopia. It has one reportable segment Exploration and Development of Mineral Properties.

East Africa Metals (East Africa Metals) Headlines

From GuruFocus

East Africa Receives Final Payment in Adyabo Transaction

By PRNewswire PRNewswire 12-02-2019

East Africa Metals Announces a Second Extension to Related Party Loan

By GlobeNewswire GlobeNewswire 06-02-2018

East Africa Metals Extends Closing of Private Placement

By GlobeNewswire GlobeNewswire 03-28-2019

East Africa Metals Provides Corporate Update

By GlobeNewswire GlobeNewswire 05-27-2019

East Africa Metals Private Placement

By GlobeNewswire GlobeNewswire 02-12-2019

East Africa Grants Options

By GlobeNewswire GlobeNewswire 06-08-2019

East Africa Grants Options

By GlobeNewswire GlobeNewswire 06-30-2018