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Prom Resources (Prom Resources) Tangible Book per Share : $0.00 (As of . 20)


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What is Prom Resources 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. Prom Resources's tangible book value per share for the quarter that ended in . 20 was $0.00.

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.


Prom Resources Tangible Book per Share Historical Data

The historical data trend for Prom 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.

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Prom Resources Tangible Book per Share Chart

Prom Resources Annual Data
Trend
Tangible Book per Share

Prom Resources Quarterly Data
Tangible Book per Share

Competitive Comparison of Prom Resources's Tangible Book per Share

For the Restaurants subindustry, Prom 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.


Prom Resources's Price-to-Tangible-Book Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Prom Resources's Price-to-Tangible-Book distribution charts can be found below:

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



Prom Resources Tangible Book per Share Calculation

Prom Resources's Tangible Book Value Per Share for the fiscal year that ended in . 20 is calculated as

Prom Resources's Tangible Book Value Per Share for the quarter that ended in . 20 is calculated as

* 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.


Prom Resources  (OTCPK:PRMO) 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.


Prom Resources Tangible Book per Share Related Terms

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Prom Resources (Prom Resources) Business Description

Traded in Other Exchanges
N/A
Address
13935 Lynmar Boulevard, Tampa, FL, USA, 33626
Prom Resources Inc is a holding company engaged in the acquisition of franchise corporations in the food services industry. The Company provides financial analysis and consolidation services for food service acquisition targets. The company wishes to be a growing restaurant company and franchise, with portfolio of differentiated restaurant concepts.

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