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Colossus Minerals (Colossus Minerals) Tangible Book per Share : $-129.55 (As of Dec. 2013)


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What is Colossus Minerals 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. Colossus Minerals's tangible book value per share for the quarter that ended in Dec. 2013 was $-129.55.

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.


Colossus Minerals Tangible Book per Share Historical Data

The historical data trend for Colossus Minerals'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.

Colossus Minerals Tangible Book per Share Chart

Colossus Minerals Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13
Tangible Book per Share
Get a 7-Day Free Trial 156.56 308.79 276.29 217.42 -129.55

Colossus Minerals Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 217.42 227.78 214.29 201.70 -129.55

Competitive Comparison of Colossus Minerals's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Colossus Minerals'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.


Colossus Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Colossus Minerals's Price-to-Tangible-Book distribution charts can be found below:

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



Colossus Minerals Tangible Book per Share Calculation

Colossus Minerals's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-113.715-0-0)/0.87774
=-129.55

Colossus Minerals's Tangible Book Value Per Share for the quarter that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-113.715-0-0)/0.87774
=-129.55

* 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.


Colossus Minerals  (OTCPK:COLUF) 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.


Colossus Minerals Tangible Book per Share Related Terms

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Colossus Minerals (Colossus Minerals) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

Colossus Minerals (Colossus Minerals) Headlines

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