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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Tangible Book per Share : $-23.05 (As of Mar. 2021)


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What is MMX Mineracao E Metalicos 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. MMX Mineracao E Metalicos's tangible book value per share for the quarter that ended in Mar. 2021 was $-23.05.

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.


MMX Mineracao E Metalicos Tangible Book per Share Historical Data

The historical data trend for MMX Mineracao E Metalicos'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.

MMX Mineracao E Metalicos Tangible Book per Share Chart

MMX Mineracao E Metalicos Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.76 -23.46 -24.28 -27.49 -24.36

MMX Mineracao E Metalicos Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 -25.26 -24.36 -23.80 -24.36 -23.05

Competitive Comparison of MMX Mineracao E Metalicos's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, MMX Mineracao E Metalicos'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.


MMX Mineracao E Metalicos's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, MMX Mineracao E Metalicos's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where MMX Mineracao E Metalicos's Price-to-Tangible-Book falls into.



MMX Mineracao E Metalicos Tangible Book per Share Calculation

MMX Mineracao E Metalicos'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)
=(-158.014-0-0)/6.488
=-24.35

MMX Mineracao E Metalicos's Tangible Book Value Per Share for the quarter that ended in Mar. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-149.538-0-0)/6.488
=-23.05

* 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.


MMX Mineracao E Metalicos  (GREY:MMXXF) 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.


MMX Mineracao E Metalicos Tangible Book per Share Related Terms

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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Traded in Other Exchanges
N/A
Address
Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160
MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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