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Clearwater Ventures (Clearwater Ventures) Tangible Book per Share : $-0.01 (As of Aug. 2015)


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What is Clearwater Ventures 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. Clearwater Ventures's tangible book value per share for the quarter that ended in Aug. 2015 was $-0.01.

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.


Clearwater Ventures Tangible Book per Share Historical Data

The historical data trend for Clearwater Ventures'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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Clearwater Ventures Tangible Book per Share Chart

Clearwater Ventures Annual Data
Trend Feb14 Feb15
Tangible Book per Share
- -

Clearwater Ventures Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15
Tangible Book per Share Get a 7-Day Free Trial - - - -0.01 -0.01

Competitive Comparison of Clearwater Ventures's Tangible Book per Share

For the Pollution & Treatment Controls subindustry, Clearwater Ventures'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.


Clearwater Ventures's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Clearwater Ventures's Price-to-Tangible-Book distribution charts can be found below:

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



Clearwater Ventures Tangible Book per Share Calculation

Clearwater Ventures's Tangible Book Value Per Share for the fiscal year that ended in Feb. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.075-0-0.004)/18
=-0.00

Clearwater Ventures's Tangible Book Value Per Share for the quarter that ended in Aug. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.089-0-0.004)/18
=-0.01

* 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.


Clearwater Ventures  (OTCPK:CWRV) 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.


Clearwater Ventures Tangible Book per Share Related Terms

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Clearwater Ventures (Clearwater Ventures) Business Description

Traded in Other Exchanges
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Address
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Clearwater Ventures Inc, through its subsidiary is engaged in designing and marketing of pool filter product known as the Pool Guardian. It is designed to supplement and assist pool filters by capturing and holding unwanted pool surface debris.

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