GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » MariMed Inc (XCNQ:MRMD) » Definitions » Book Value per Share

MariMed (XCNQ:MRMD) Book Value per Share : C$0.25 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is MariMed Book Value per Share?

MariMed's book value per share for the quarter that ended in Sep. 2024 was C$0.25.

During the past 12 months, MariMed's average Book Value Per Share Growth Rate was -15.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 89.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of MariMed was 89.70% per year. The lowest was -96.40% per year. And the median was -22.90% per year.

MariMed's current price is C$0.18. Its book value per share for the quarter that ended in Sep. 2024 was C$0.25. Hence, today's PB Ratio of MariMed is 0.73.

During the past 13 years, the highest P/B Ratio of MariMed was 273.33. The lowest was 0.71. And the median was 7.13.


MariMed Book Value per Share Historical Data

The historical data trend for MariMed's Book Value 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.

MariMed Book Value per Share Chart

MariMed Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.15 0.23 0.26

MariMed Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Book Value 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 0.29 0.26 0.25 0.25 0.25

Competitive Comparison of MariMed's Book Value per Share

For the Drug Manufacturers - Specialty & Generic subindustry, MariMed's PB Ratio, along with its competitors' market caps and PB Ratio 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.


MariMed's PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, MariMed's PB Ratio distribution charts can be found below:

* The bar in red indicates where MariMed's PB Ratio falls into.



MariMed Book Value per Share Calculation

MariMed's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(96.0-0.0)/375.1
=0.26

MariMed's Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(94.2-0.0)/381.0
=0.25

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


MariMed  (XCNQ:MRMD) Book Value 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.


MariMed Book Value per Share Related Terms

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


MariMed Business Description

Traded in Other Exchanges
Address
10 Oceana Way, Floor 2, Norwood, MA, USA, 02062
MariMed Inc is a multi-state operator in the United States cannabis industry. It develops, operates, manages, and optimizes regulatory-compliant facilities for the cultivation, production, and dispensing of medical and adult-use cannabis. MariMed also licenses its proprietary brands of cannabis products along with other top brands in domestic markets Sources of revenue are comprised of Product sales (retail and wholesale), Real estate rental income, Supply procurement, Management fees and Licensing fees.
Executives
Jon R. Levine Senior Officer
Timothy Shaw Senior Officer