GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » American Heritage International Inc (GREY:AHII) » Definitions » Tangible Book per Share

American Heritage International (American Heritage International) Tangible Book per Share : $-0.01 (As of Sep. 2014)


View and export this data going back to 2012. Start your Free Trial

What is American Heritage International 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. American Heritage International's tangible book value per share for the quarter that ended in Sep. 2014 was $-0.01.

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.


American Heritage International Tangible Book per Share Historical Data

The historical data trend for American Heritage International'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.

American Heritage International Tangible Book per Share Chart

American Heritage International Annual Data
Trend Dec11 Dec12 Dec13
Tangible Book per Share
-0.01 -0.05 -0.10

American Heritage International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.07 -0.10 0.22 0.10 -0.01

Competitive Comparison of American Heritage International's Tangible Book per Share

For the Tobacco subindustry, American Heritage International'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.


American Heritage International's Price-to-Tangible-Book Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, American Heritage International's Price-to-Tangible-Book distribution charts can be found below:

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



American Heritage International Tangible Book per Share Calculation

American Heritage International's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.046-0.025-0.028)/0.99
=-0.10

American Heritage International's Tangible Book Value Per Share for the quarter that ended in Sep. 2014 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.014-0-0.02)/0.99866
=-0.01

* 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.


American Heritage International  (GREY:AHII) 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.


American Heritage International Tangible Book per Share Related Terms

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


American Heritage International (American Heritage International) Business Description

Traded in Other Exchanges
N/A
Address
30 N. Gould Street, Suite 9880, Sheridan, WY, USA, 89145
American Heritage International Inc is a United State based company engaged in manufacturing of electronic cigarette. It provides the customer with an alternative to traditional cigarettes without the negative and health issues associated with the smoking of tobacco products. It offers disposable premium electronic cigarettes including Cobalt classic, Platinum, Emerald Menthol and Red Tobacco.

American Heritage International (American Heritage International) Headlines

No Headlines