Silk Logistics Holdings (ASX:SLH) Tangible Book per Share : A$-0.14 (As of Dec. 2023)

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What is Silk Logistics Holdings 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. Silk Logistics Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was A$-0.14.

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.

Silk Logistics Holdings Tangible Book per Share Historical Data

The historical data trend for Silk Logistics Holdings'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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Silk Logistics Holdings Tangible Book per Share Chart

Silk Logistics Holdings Annual Data

Trend

Jun22

Jun23

Tangible Book per Share

0.33

0.17

Silk Logistics Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Tangible Book per Share	Get a 7-Day Free Trial			0.26	0.33	0.12	0.17	-0.14

Competitive Comparison of Silk Logistics Holdings's Tangible Book per Share

For the Integrated Freight & Logistics subindustry, Silk Logistics Holdings'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.

Silk Logistics Holdings's Price-to-Tangible-Book Distribution in the Transportation Industry

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

* The bar in red indicates where Silk Logistics Holdings's Price-to-Tangible-Book falls into.

Silk Logistics Holdings Tangible Book per Share Calculation

Silk Logistics Holdings'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)
	=	(75.407	-	0	-	62.14)	/	79.0006
	=	0.17

Silk Logistics Holdings'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)
	=	(83.878	-	0	-	95.358)	/	81.5032
	=	-0.14

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.

Silk Logistics Holdings (ASX:SLH) 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.

Silk Logistics Holdings Tangible Book per Share Related Terms

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Silk Logistics Holdings (ASX:SLH) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

850 Lorimer Street, Unit 3, Port Melbourne, Melbourne, VIC, AUS, 3207

Website

https://www.silklogistics.com.au

Silk Logistics Holdings Ltd operates in the Australian logistics industry, delivering port-to-door, technology-enabled contract or third-party logistics and time certain Port Logistics services. The business provides these services to clients in several key industries, including, but not limited to FMCG, light industrial, food, specialised retail, and containerised agriculture. The company provides a one-stop shop for integrated port-to-door logistics, providing services in wharf cartage, warehousing, and domestic distribution, through its trading brands Silk Contract Logistics and Rocke Brothers. Its segment includes Port and Contract logistics out of which it generates a majority of its revenue from the Port logistics segment.