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SOLCF (SOL Global Investments) Tangible Book per Share : $0.01 (As of Feb. 2025)


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What is SOL Global Investments 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. SOL Global Investments's tangible book value per share for the quarter that ended in Feb. 2025 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.


SOL Global Investments Tangible Book per Share Historical Data

The historical data trend for SOL Global Investments'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.

SOL Global Investments Tangible Book per Share Chart

SOL Global Investments Annual Data
Trend Dec14 Dec15 Dec16 Mar18 Mar19 Nov20 Nov21 Nov22 Nov23 Nov24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 5.61 0.57 0.10 -0.23

SOL Global Investments Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 0.09 0.04 0.07 -0.23 0.01

Competitive Comparison of SOL Global Investments's Tangible Book per Share

For the Asset Management subindustry, SOL Global Investments'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.


SOL Global Investments's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SOL Global Investments's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where SOL Global Investments's Price-to-Tangible-Book falls into.


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SOL Global Investments Tangible Book per Share Calculation

SOL Global Investments's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-26.558-0-0)/117.315
=-0.23

SOL Global Investments's Tangible Book Value Per Share for the quarter that ended in Feb. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.744-0-0)/118.425
=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.


SOL Global Investments  (OTCPK:SOLCF) 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.


SOL Global Investments Tangible Book per Share Related Terms

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SOL Global Investments Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. Its strategic investments and partnerships across cultivation, distribution and retail complement the company's R&D program with the University of Miami. It is also involved in Retail, Agriculture, Quick Service Restaurants & Hospitality, Media Technology & Gaming, Energy and New Age Wellness.