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Enteq Technologies (LSE:NTQ) Tangible Book per Share : £0.07 (As of Sep. 2023)


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What is Enteq Technologies 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. Enteq Technologies's tangible book value per share for the quarter that ended in Sep. 2023 was £0.07.

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.


Enteq Technologies Tangible Book per Share Historical Data

The historical data trend for Enteq Technologies'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.

Enteq Technologies Tangible Book per Share Chart

Enteq Technologies Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.21 0.15 0.13 0.08

Enteq Technologies Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.13 0.13 0.12 0.08 0.07

Competitive Comparison of Enteq Technologies's Tangible Book per Share

For the Oil & Gas Equipment & Services subindustry, Enteq Technologies'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.


Enteq Technologies's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enteq Technologies's Price-to-Tangible-Book distribution charts can be found below:

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



Enteq Technologies Tangible Book per Share Calculation

Enteq Technologies's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(10.775-0-5.343)/70.6141
=0.08

Enteq Technologies'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)
=(11.116-0-5.911)/71.6678
=0.07

* 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.


Enteq Technologies  (LSE:NTQ) 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.


Enteq Technologies Tangible Book per Share Related Terms

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Enteq Technologies (LSE:NTQ) Business Description

Traded in Other Exchanges
N/A
Address
High Street Ascot, The Courtyard, Berkshire, GBR, SL5 7HP
Enteq Technologies PLC is engaged in providing energy technologies for directional drilling and geo-steering. It develops technologies for measurement, logging, and geo-steering while drilling wells for oil, gas, and geothermal markets. The company products include Measurement While Drilling, Downhole Connectivity Systems, Logging While Drilling, At-Bit System, the SABER Tool - Rotary Steerable System.

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