GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Australian Zircon NL (ASX:AZCCA) » Definitions » Tangible Book per Share

Australian Zircon NL (ASX:AZCCA) Tangible Book per Share : A$-0.06 (As of Jun. 2015)


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

What is Australian Zircon NL 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. Australian Zircon NL's tangible book value per share for the quarter that ended in Jun. 2015 was A$-0.06.

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.


Australian Zircon NL Tangible Book per Share Historical Data

The historical data trend for Australian Zircon NL'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.

Australian Zircon NL Tangible Book per Share Chart

Australian Zircon NL Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.05 -0.05 -0.06

Australian Zircon NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Jun10 Jun11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15
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 Premium Member Only Premium Member Only -0.05 -0.05 -0.05 -0.06 -0.06

Competitive Comparison of Australian Zircon NL's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Australian Zircon NL'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.


Australian Zircon NL's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Australian Zircon NL's Price-to-Tangible-Book distribution charts can be found below:

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



Australian Zircon NL Tangible Book per Share Calculation

Australian Zircon NL's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-88.115-0-0)/1474.715
=-0.06

Australian Zircon NL's Tangible Book Value Per Share for the quarter that ended in Jun. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-88.115-0-0)/1474.72
=-0.06

* 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.


Australian Zircon NL  (ASX:AZCCA) 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.


Australian Zircon NL Tangible Book per Share Related Terms

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


Australian Zircon NL (ASX:AZCCA) Business Description

Traded in Other Exchanges
N/A
Address
Australian Zircon NL is incorporated in Australia and was founded in 1994. The Company is engaged in mineral sands exploration and mining business. The Company focuses on developing the WIM150 mineral sands project located in the Wimmera region of western Victoria. It also holds interest in the EL 5460 exploration tenement located in the Horsham region, Victoria.

Australian Zircon NL (ASX:AZCCA) Headlines

No Headlines