NILA (Nilam Resources) Tangible Book per Share: $-0.01 (As of Oct. 2012)


What is Nilam Resources Tangible Book per Share?

Nilam Resources NILA -99.00% Tangible Book per Share is $-0.01 as of Oct. 2012.

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. Nilam Resources's tangible book value per share for the quarter that ended in Oct. 2012 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.

Nilam Resources  (OTCPK:NILA) 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.

Nilam Resources Tangible Book per Share Related Terms

Nilam Resources Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for Nilam Resources'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.

Nilam Resources Tangible Book per Share Chart

Nilam Resources Annual Data
Trend Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12
Tangible Book per Share
Get a 7-Day Free Trial 0.04 -0.01 -0.01 -0.01 -0.01

Nilam Resources Quarterly Data
Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12
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 0.02 0.01 -0.01 -0.00 -0.01

NILA vs EMESQ, BLAIF: Tangible Book per Share Comparison

For the Other Industrial Metals & Mining subindustry, Nilam Resources'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.

Nilam Resources Price-to-Tangible-Book vs Metals & Mining Industry

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

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


Nilam Resources Tangible Book per Share Calculation

Nilam Resources's Tangible Book Value Per Share for the fiscal year that ended in Apr. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.255-0-0)/50.376
=-0.01

Nilam Resources's Tangible Book Value Per Share for the quarter that ended in Oct. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.298-0-0)/56.062
=-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.

What does a Tangible Book per Share of $-0.01 mean?
Nilam Resources (NILA) has a Tangible Book per Share of $-0.01 as of Oct. 2012. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Nilam Resources and its competitors.
Is Nilam Resources' Tangible Book per Share too high?
Nilam Resources' current Tangible Book per Share is $-0.01.
How does Nilam Resources' Tangible Book per Share compare to EMESQ and BLAIF?
Nilam Resources' Tangible Book per Share of $-0.01 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Metals & Mining company?
A good Tangible Book per Share depends on the Metals & Mining industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Nilam Resources and its competitors. Nilam Resources's current Tangible Book per Share is $-0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nilam Resources stock overvalued right now?
Nilam Resources (NILA) has a current Tangible Book per Share of $-0.01. The current Tangible Book per Share is $-0.01. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Nilam Resources (NILA), the current Tangible Book per Share is $-0.01 as of Oct. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Nilam Resources Business Description

Address 2801 Bickford Avenue, Suite 103-366, Snohomish, WA, USA, 98290
Nilam Resources Inc is in the business of developing and investing in and managing early-stage companies.