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Avantium NV (XAMS:AVTX) Tangible Book per Share : €1.20 (As of Jun. 2023)


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What is Avantium NV 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. Avantium NV's tangible book value per share for the quarter that ended in Jun. 2023 was €1.20.

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.


Avantium NV Tangible Book per Share Historical Data

The historical data trend for Avantium NV'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.

Avantium NV Tangible Book per Share Chart

Avantium NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 2.19 1.48 1.29 1.56

Avantium NV Semi-Annual Data
Dec12 Dec13 Dec14 Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.99 1.29 1.81 1.56 1.20

Competitive Comparison of Avantium NV's Tangible Book per Share

For the Specialty Chemicals subindustry, Avantium NV'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.


Avantium NV's Price-to-Tangible-Book Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Avantium NV's Price-to-Tangible-Book distribution charts can be found below:

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



Avantium NV Tangible Book per Share Calculation

Avantium NV'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)
=(81.128-0-1.975)/50.8598
=1.56

Avantium NV'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)
=(63.374-0-2.081)/50.9502
=1.20

* 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.


Avantium NV  (XAMS:AVTX) 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.


Avantium NV Tangible Book per Share Related Terms

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Avantium NV (XAMS:AVTX) Business Description

Traded in Other Exchanges
Address
Zekeringstraat 29-31, Amsterdam, NLD, 1014 BV
Avantium NV along with its subsidiaries is engaged in developing and commercializing next-generation bio-based plastics and chemicals based on its technological capabilities in advanced catalysis research and development. Avantium also provides solutions in the field of sustainable chemistry and provider of advanced catalyst testing technology. The company operates through Catalysis, R&D Solutions, Renewable Chemistries and Renewable Polymer segments.

Avantium NV (XAMS:AVTX) Headlines