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Metawells Oil & Gas (Metawells Oil & Gas) Tangible Book per Share : $-273.74 (As of Sep. 2010)


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What is Metawells Oil & Gas 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. Metawells Oil & Gas's tangible book value per share for the quarter that ended in Sep. 2010 was $-273.74.

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.


Metawells Oil & Gas Tangible Book per Share Historical Data

The historical data trend for Metawells Oil & Gas'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.

Metawells Oil & Gas Tangible Book per Share Chart

Metawells Oil & Gas Annual Data
Trend Dec07 Dec08 Dec09
Tangible Book per Share
- - -

Metawells Oil & Gas Quarterly Data
Mar06 Jun06 Mar07 Jun07 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 - - - -337.84 -273.74

Competitive Comparison of Metawells Oil & Gas's Tangible Book per Share

For the Medical Distribution subindustry, Metawells Oil & Gas'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.


Metawells Oil & Gas's Price-to-Tangible-Book Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Metawells Oil & Gas's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Metawells Oil & Gas's Price-to-Tangible-Book falls into.



Metawells Oil & Gas Tangible Book per Share Calculation

Metawells Oil & Gas's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.279-0-0.178)/0
=

Metawells Oil & Gas's Tangible Book Value Per Share for the quarter that ended in Sep. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.407-0-0.115)/0.00556
=-273.74

* 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.


Metawells Oil & Gas  (OTCPK:KOSK) 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.


Metawells Oil & Gas Tangible Book per Share Related Terms

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Metawells Oil & Gas (Metawells Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
600 Mamaroneck Avenue, Harrison, NY, USA, 10528
Metawells Oil & Gas Inc formerly One Step Vending Corp focuses on the wholesale distribution and retail of CBD products forming strategic partnerships with suppliers and stores. It is also aiming to sell retail CBD products through the use of vending machines.