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Napster Group (LSE:NAPS) Tangible Book per Share : £-0.01 (As of Jun. 2021)


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What is Napster Group 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. Napster Group's tangible book value per share for the quarter that ended in Jun. 2021 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.


Napster Group Tangible Book per Share Historical Data

The historical data trend for Napster Group'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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Napster Group Tangible Book per Share Chart

Napster Group Annual Data
Trend Sep17 Sep18 Dec20
Tangible Book per Share
-20.93 -18.69 0.01

Napster Group Quarterly Data
Sep17 Sep18 Jun20 Dec20 Jun21
Tangible Book per Share -20.93 -18.69 -0.03 0.01 -0.01

Competitive Comparison of Napster Group's Tangible Book per Share

For the Entertainment subindustry, Napster Group'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.


Napster Group's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Napster Group's Price-to-Tangible-Book distribution charts can be found below:

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



Napster Group Tangible Book per Share Calculation

Napster Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(12.115-0-1.415)/2061.85
=0.01

Napster Group's Tangible Book Value Per Share for the quarter that ended in Jun. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(18.623-0-47.454)/2786.92
=-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.


Napster Group  (LSE:NAPS) 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.


Napster Group Tangible Book per Share Related Terms

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Napster Group (LSE:NAPS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
55 Poland Street, London, GBR, W1F 7NL
Napster Group PLC is a music company. It offers global music platform combining music streaming and immersive content that allows users to experience music performances in Virtual Reality. It derives revenue through Content sales, Telco partnerships, Content licensing, and Ticket revenue.

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