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Global Mofy Metaverse (Global Mofy Metaverse) Tangible Book per Share : $0.53 (As of Sep. 2023)


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What is Global Mofy Metaverse 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. Global Mofy Metaverse's tangible book value per share for the quarter that ended in Sep. 2023 was $0.53.

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.


Global Mofy Metaverse Tangible Book per Share Historical Data

The historical data trend for Global Mofy Metaverse'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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Global Mofy Metaverse Tangible Book per Share Chart

Global Mofy Metaverse Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Tangible Book per Share
0.01 0.09 0.14 0.53

Global Mofy Metaverse Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Tangible Book per Share Get a 7-Day Free Trial 0.09 0.13 0.14 0.54 0.53

Competitive Comparison of Global Mofy Metaverse's Tangible Book per Share

For the Information Technology Services subindustry, Global Mofy Metaverse'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.


Global Mofy Metaverse's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Global Mofy Metaverse's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Global Mofy Metaverse's Price-to-Tangible-Book falls into.



Global Mofy Metaverse Tangible Book per Share Calculation

Global Mofy Metaverse's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(20.957-0-6.506)/27.1262
=0.53

Global Mofy Metaverse's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(20.957-0-6.506)/27.1262
=0.53

* 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.


Global Mofy Metaverse  (NAS:GMM) 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.


Global Mofy Metaverse Tangible Book per Share Related Terms

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Global Mofy Metaverse (Global Mofy Metaverse) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. A12, Xidian Memory Cultural and Creative Town, No. 102, 1st Floor, Gaobeidian Township, Chaoyang District, Beijing, CHN, 100000
Website
Global Mofy Metaverse Ltd operates as a technology solutions provider engaged in virtual content production, digital marketing, and digital assets development for the metaverse industry. It utilizes its proprietary Mofy Lab technology platform which consists of three-dimensional (3D) rebuilt technology and artificial intelligence (AI) interactive technology to create a 3D high-definition virtual version of a wide range of physical world objects such as human, animal, and scenes which can be used in different applications.

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