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1414 Degrees (ASX:14D) Tangible Book per Share : A$0.03 (As of Dec. 2023)


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What is 1414 Degrees 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. 1414 Degrees's tangible book value per share for the quarter that ended in Dec. 2023 was A$0.03.

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.


1414 Degrees Tangible Book per Share Historical Data

The historical data trend for 1414 Degrees'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.

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1414 Degrees Tangible Book per Share Chart

1414 Degrees Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
0.07 0.03 0.03 0.04 0.03

1414 Degrees Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.04 0.04 0.03 0.03

Competitive Comparison of 1414 Degrees's Tangible Book per Share

For the Utilities - Independent Power Producers subindustry, 1414 Degrees'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.


1414 Degrees's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, 1414 Degrees's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 1414 Degrees's Price-to-Tangible-Book falls into.



1414 Degrees Tangible Book per Share Calculation

1414 Degrees's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(8.834-0-2.362)/212.571
=0.03

1414 Degrees'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)
=(9.015-0-1.727)/238.169
=0.03

* 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.


1414 Degrees  (ASX:14D) 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.


1414 Degrees Tangible Book per Share Related Terms

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1414 Degrees (ASX:14D) Business Description

Traded in Other Exchanges
N/A
Address
136 Daws Road, Melrose Park, Sydney, SA, AUS, 5039
1414 Degrees Ltd is focused on storing and output of electric power. The company patented thermal energy storage system (TESS) storing energy as latent heat in running silicon. It delivers an output of heat and electricity is sourced from renewables or the grid and is stored as latent heat at a constant temperature. Geographically, it operates only in Australia.

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