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Bhagwan Marine (ASX:BWN) Tangible Book per Share : A$0.60 (As of Dec. 2024)


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What is Bhagwan Marine 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. Bhagwan Marine's tangible book value per share for the quarter that ended in Dec. 2024 was A$0.60.

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.


Bhagwan Marine Tangible Book per Share Historical Data

The historical data trend for Bhagwan Marine'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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Bhagwan Marine Tangible Book per Share Chart

Bhagwan Marine Annual Data
Trend Jun22 Jun23 Jun24
Tangible Book per Share
- - 0.53

Bhagwan Marine Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24
Tangible Book per Share - - 0.52 0.53 0.60

Competitive Comparison of Bhagwan Marine's Tangible Book per Share

For the Marine Shipping subindustry, Bhagwan Marine'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.


Bhagwan Marine's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bhagwan Marine's Price-to-Tangible-Book distribution charts can be found below:

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


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Bhagwan Marine Tangible Book per Share Calculation

Bhagwan Marine's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(78.076-0-0)/148.216
=0.53

Bhagwan Marine's Tangible Book Value Per Share for the quarter that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(163.794-0-0)/275.200
=0.60

* 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.


Bhagwan Marine  (ASX:BWN) 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.


Bhagwan Marine Tangible Book per Share Related Terms

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Bhagwan Marine Business Description

Traded in Other Exchanges
N/A
Address
251 St Georges Terrace, Level 3, Perth, WA, AUS, 6000
Bhagwan Marine Ltd is a marine vessel operator and service provider in Australia. It provides a diverse range of marine solutions within Ports, Nearshore, Offshore, and Subsea locations to industries including Oil and Gas, Subsea, Port, Civil Construction, Renewables and Defence. The company has a fleet of inshore and offshore vessels that enables it to deliver a diversified service offering providing bespoke marine solutions. Bhagwan is managed based on a single segment.