CardioGenics Holdings (CardioGenics Holdings) Tangible Book per Share : $-0.02 (As of Jan. 2016)

CardioGenics Holdings Tangible Book per Share Chart

CardioGenics Holdings Annual Data
	Trend	Jul06	Jul07	Jul08	Oct09	Oct10	Oct11	Oct12	Oct13	Oct14	Oct15
Tangible Book per Share		Get a 7-Day Free Trial					0.02	-0.01	-0.02	-0.03	-0.02

CardioGenics Holdings Quarterly Data
	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16
Tangible Book per Share	Get a 7-Day Free Trial															-0.03	-0.02	-0.02	-0.02	-0.02

Competitive Comparison of CardioGenics Holdings's Tangible Book per Share

For the Diagnostics & Research subindustry, CardioGenics 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.

CardioGenics Holdings's Price-to-Tangible-Book Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, CardioGenics Holdings's Price-to-Tangible-Book distribution charts can be found below:

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

CardioGenics Holdings Tangible Book per Share Calculation

CardioGenics Holdings's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2015 is calculated as

CardioGenics Holdings's Tangible Book Value Per Share for the quarter that ended in Jan. 2016 is calculated as

* 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.

CardioGenics Holdings  (OTCPK:CGNH) 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.

CardioGenics Holdings Tangible Book per Share Related Terms

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CardioGenics Holdings (CardioGenics Holdings) Business Description