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BlackRock World Mining Trust (CHIX:BRWML) Tangible Book per Share : £5.11 (As of Dec. 2024)


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What is BlackRock World Mining Trust 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. BlackRock World Mining Trust's tangible book value per share for the quarter that ended in Dec. 2024 was £5.11.

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.


BlackRock World Mining Trust Tangible Book per Share Historical Data

The historical data trend for BlackRock World Mining Trust'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.

BlackRock World Mining Trust Tangible Book per Share Chart

BlackRock World Mining Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.36 6.22 6.88 6.07 5.11

BlackRock World Mining Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.88 6.13 6.07 5.72 5.11

Competitive Comparison of BlackRock World Mining Trust's Tangible Book per Share

For the Asset Management subindustry, BlackRock World Mining Trust'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.


BlackRock World Mining Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock World Mining Trust's Price-to-Tangible-Book falls into.


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BlackRock World Mining Trust Tangible Book per Share Calculation

BlackRock World Mining Trust's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(975.199-0-0)/191.018
=5.11

BlackRock World Mining Trust'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)
=(975.199-0-0)/191.018
=5.11

* 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.


BlackRock World Mining Trust  (CHIX:BRWMl) 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.


BlackRock World Mining Trust Tangible Book per Share Related Terms

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BlackRock World Mining Trust Business Description

Traded in Other Exchanges
Address
12 Throgmorton Avenue, London, GBR, EC2N 2DL
BlackRock World Mining Trust PLC is a UK-based investment trust company. Its primary investment objective is to maximize total returns to shareholders through a portfolio of mining and metal securities. It focuses on investing in quoted securities, royalties derived from the production of metals and minerals, as well as physical metals. It may utilize derivative instruments such as options, futures, and contracts for difference to enhance the performance of the group to meet its objectives.

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