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East 33 (ASX:E33) Tangible Book per Share : A$0.01 (As of Dec. 2023)


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What is East 33 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. East 33's tangible book value per share for the quarter that ended in Dec. 2023 was A$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.


East 33 Tangible Book per Share Historical Data

The historical data trend for East 33'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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East 33 Tangible Book per Share Chart

East 33 Annual Data
Trend Jun22 Jun23
Tangible Book per Share
0.01 0.01

East 33 Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial 0.04 0.01 0.02 0.01 0.01

Competitive Comparison of East 33's Tangible Book per Share

For the Farm Products subindustry, East 33'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.


East 33's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, East 33's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where East 33's Price-to-Tangible-Book falls into.



East 33 Tangible Book per Share Calculation

East 33'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)
=(31.066-0-27.003)/519.089
=0.01

East 33'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)
=(26.827-0-24.266)/537.089
=0.00

* 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.


East 33  (ASX:E33) 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.


East 33 Tangible Book per Share Related Terms

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East 33 (ASX:E33) Business Description

Traded in Other Exchanges
N/A
Address
12 Point Road, Tuncurry, NSW, AUS, 2428
East 33 Ltd operates in the aquaculture and seafood industry. The company produces and supplies rock oysters. The oysters are supplied mainly to restaurants, retailers, food service companies, and wholesalers. It operates into three reportable segments Oyster farming involves the growing and wholesaling of live oysters in Australia; Distribution comprises the wholesale and retail distribution of oysters in Australia; and Sundry units involved in selling liquor to retail customers, provision restaurant services, online sales of oysters and complimentary products in Australia.

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