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BGTTF (GOAT Industries) Tangible Book per Share : $-0.03 (As of Sep. 2024)


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What is GOAT Industries 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. GOAT Industries's tangible book value per share for the quarter that ended in Sep. 2024 was $-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.


GOAT Industries Tangible Book per Share Historical Data

The historical data trend for GOAT Industries'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.

GOAT Industries Tangible Book per Share Chart

GOAT Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
- 8.27 0.57 -0.11

GOAT Industries Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.74 -0.11 -0.10 -0.03 -0.03

Competitive Comparison of GOAT Industries's Tangible Book per Share

For the Asset Management subindustry, GOAT Industries'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.


GOAT Industries's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GOAT Industries's Price-to-Tangible-Book distribution charts can be found below:

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



GOAT Industries Tangible Book per Share Calculation

GOAT Industries's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.345-0-0)/3.26168
=-0.11

GOAT Industries's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.235-0-0)/8.24474
=-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.


GOAT Industries  (OTCPK:BGTTF) 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.


GOAT Industries Tangible Book per Share Related Terms

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GOAT Industries Business Description

Traded in Other Exchanges
Address
810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2
GOAT Industries Ltd is a venture capital platform focused on identifying, sponsoring and incubating companies driven by environmental, social and governance values, while operating in the blue economy. It invests in private businesses in the plant-based protein, functional foods, food technology, and fermented foods sectors. The company plans to generate returns on its investments through go-public transactions, mergers or acquisitions, and the other liquidity events of its investee companies.