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Golden Spike Resources (FRA:L5Y) Tangible Book per Share : €0.08 (As of Feb. 2025)


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What is Golden Spike Resources 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. Golden Spike Resources's tangible book value per share for the quarter that ended in Feb. 2025 was €0.08.

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.


Golden Spike Resources Tangible Book per Share Historical Data

The historical data trend for Golden Spike Resources'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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Golden Spike Resources Tangible Book per Share Chart

Golden Spike Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24
Tangible Book per Share
- 0.01 0.11 0.08 0.07

Golden Spike Resources Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.07 0.07 0.07 0.08 0.08

Competitive Comparison of Golden Spike Resources's Tangible Book per Share

For the Other Precious Metals & Mining subindustry, Golden Spike Resources'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.


Golden Spike Resources's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Spike Resources's Price-to-Tangible-Book falls into.


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Golden Spike Resources Tangible Book per Share Calculation

Golden Spike Resources's Tangible Book Value Per Share for the fiscal year that ended in Aug. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3.147-0-0)/44.829
=0.07

Golden Spike Resources's Tangible Book Value Per Share for the quarter that ended in Feb. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.512-0-0)/58.847
=0.08

* 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.


Golden Spike Resources  (FRA:L5Y) 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.


Golden Spike Resources Tangible Book per Share Related Terms

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Golden Spike Resources Business Description

Traded in Other Exchanges
Address
830-1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's project includes gregory river properties this mineral exploration property located in Newfoundland.

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