GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jetblack Corp (OTCPK:JTBK) » Definitions » Tangible Book per Share

Jetblack (Jetblack) Tangible Book per Share : $0.00 (As of Jun. 2017)


View and export this data going back to 2006. Start your Free Trial

What is Jetblack 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. Jetblack's tangible book value per share for the quarter that ended in Jun. 2017 was $0.00.

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.


Jetblack Tangible Book per Share Historical Data

The historical data trend for Jetblack'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.

Jetblack Tangible Book per Share Chart

Jetblack Annual Data
Trend Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Dec14 Dec15 Dec16
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Jetblack Quarterly Data
Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Dec14 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - - -

Competitive Comparison of Jetblack's Tangible Book per Share

For the Capital Markets subindustry, Jetblack'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.


Jetblack's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jetblack's Price-to-Tangible-Book distribution charts can be found below:

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



Jetblack Tangible Book per Share Calculation

Jetblack's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.066-0-0)/567.422
=-0.00

Jetblack's Tangible Book Value Per Share for the quarter that ended in Jun. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.384-0-0.35)/615.422
=0.00

* 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.


Jetblack  (OTCPK:JTBK) 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.


Jetblack Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Jetblack's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jetblack (Jetblack) Business Description

Traded in Other Exchanges
N/A
Address
304 S. Jones Boulevard, Suite 5058, Las Vegas, NV, USA, 89107
Jetblack Corp has initiated investments in Metaverse space, which is an investment into metaverse platforms and technologies. The company's current holdings include MANA (Decentraland) and SAND (SandBox) tokens. The Company plans to continue investing into Metaverse tokens over time, as opportunities are identified.

Jetblack (Jetblack) Headlines