Tasty (LSE:TAST) Tangible Book per Share

: £-0.05 (As of Jun. 2023)

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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. Tasty's tangible book value per share for the quarter that ended in Jun. 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.

Tasty Tangible Book per Share Historical Data

The historical data trend for Tasty'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.

Tasty Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Tangible Book per Share

0.17

0.09

0.03

-0.01

Tasty Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Tangible Book per Share																-0.02	0.03	0.01	-0.01	-0.05

Competitive Comparison

For the Restaurants subindustry, Tasty'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.

Tasty Price-to-Tangible-Book Distribution

For the Restaurants industry and Consumer Cyclical sector, Tasty's Price-to-Tangible-Book distribution charts can be found below:

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

Tasty Tangible Book per Share Calculation

Tasty's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(-2.048	-	0	-	0.025)	/	146.315
	=	-0.01

Tasty's Tangible Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(-8.275	-	0	-	0.032)	/	163.166
	=	-0.05

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.

Tasty (LSE:TAST) 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.

Tasty Tangible Book per Share Related Terms

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Tasty (LSE:TAST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tasty PLC (LSE:TAST) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

T9V:Germany

Address

32 Charlotte Street, London, GBR, WC1T 2NQ

Website

https://www.dimt.co.uk

Tasty PLC is engaged in the operations of restaurants. It operates in the UK restaurant market with more than 50 restaurants in operation. The company's restaurant chain operates under the brand name of DimTs, Wildwoods and Wildwood Kitchens. The restaurants are located across the UK at Plymouth, Hereford, Telford, Chichester, Taunton, Worcester, Port Solent, Brentwood, Whiteley, Kingston, and Liverpool.