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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Tangible Book per Share : $0.12 (As of May. 2020)


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What is Ventura Cannabis and Wellness 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. Ventura Cannabis and Wellness's tangible book value per share for the quarter that ended in May. 2020 was $0.12.

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.


Ventura Cannabis and Wellness Tangible Book per Share Historical Data

The historical data trend for Ventura Cannabis and Wellness'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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Ventura Cannabis and Wellness Tangible Book per Share Chart

Ventura Cannabis and Wellness Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Nov14 Nov15 Feb17 Feb18 Feb19 Feb20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.39 0.28 0.21 0.14

Ventura Cannabis and Wellness Quarterly Data
May15 Aug15 Nov15 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20
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 0.17 0.16 0.12 0.14 0.12

Competitive Comparison of Ventura Cannabis and Wellness's Tangible Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Ventura Cannabis and Wellness'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.


Ventura Cannabis and Wellness's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ventura Cannabis and Wellness's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ventura Cannabis and Wellness's Price-to-Tangible-Book falls into.



Ventura Cannabis and Wellness Tangible Book per Share Calculation

Ventura Cannabis and Wellness's Tangible Book Value Per Share for the fiscal year that ended in Feb. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(6.213-0-1.007)/37.04
=0.14

Ventura Cannabis and Wellness's Tangible Book Value Per Share for the quarter that ended in May. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.542-0-0.935)/37.04
=0.12

* 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.


Ventura Cannabis and Wellness  (OTCPK:CVHIF) 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.


Ventura Cannabis and Wellness Tangible Book per Share Related Terms

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Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Business Description

Traded in Other Exchanges
N/A
Address
800 W. 6th St, Suite 1415, Los Angeles, CA, USA, 90017
Ventura Cannabis and Wellness Corp is a vertically integrated, California-based products cannabis company. The company is currently building out its distribution channel through revenue-sharing agreements with owner-operator of cannabis dispensaries to ensure it's products get premium shelf space. The Company plans to target four segments in the U.S. cannabis and CBD market with products suited to their needs: senior citizens, upwardly mobile middle-aged female professionals, upwardly mobile middle-aged male professionals and individuals suffering from addiction. These segments desire discrete and well-designed products as well as the accurate dosage of THC.

Ventura Cannabis and Wellness (Ventura Cannabis and Wellness) Headlines

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