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Starcrest Education (LSE:OBOR) Tangible Book per Share : £-0.04 (As of Jun. 2022)


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What is Starcrest Education 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. Starcrest Education's tangible book value per share for the quarter that ended in Jun. 2022 was £-0.04.

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.


Starcrest Education Tangible Book per Share Historical Data

The historical data trend for Starcrest Education'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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Starcrest Education Tangible Book per Share Chart

Starcrest Education Annual Data
Trend Dec18 Dec19 Dec20 Dec21
Tangible Book per Share
0.17 0.10 0.04 -0.03

Starcrest Education Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
Tangible Book per Share Get a 7-Day Free Trial 0.06 0.04 0.02 -0.03 -0.04

Competitive Comparison of Starcrest Education's Tangible Book per Share

For the Education & Training Services subindustry, Starcrest Education'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.


Starcrest Education's Price-to-Tangible-Book Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Starcrest Education's Price-to-Tangible-Book distribution charts can be found below:

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



Starcrest Education Tangible Book per Share Calculation

Starcrest Education's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.58-0-0)/21.56
=-0.03

Starcrest Education's Tangible Book Value Per Share for the quarter that ended in Jun. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.802-0-0)/21.56
=-0.04

* 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.


Starcrest Education  (LSE:OBOR) 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.


Starcrest Education Tangible Book per Share Related Terms

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Starcrest Education (LSE:OBOR) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Hutchins Drive, Cricket Square, P.O. Box 2681, Grand Cayman, CYM, KY1-1111
Starcrest Education Ltd is an international developer and operator of education services in Europe. The newly formed entity has been established to seek relevant acquisitions in the international education sector.

Starcrest Education (LSE:OBOR) Headlines