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Southridge Enterprises (Southridge Enterprises) Tangible Book per Share : $1,165.24 (As of May. 2008)


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What is Southridge Enterprises 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. Southridge Enterprises's tangible book value per share for the quarter that ended in May. 2008 was $1,165.24.

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.


Southridge Enterprises Tangible Book per Share Historical Data

The historical data trend for Southridge Enterprises'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.

Southridge Enterprises Tangible Book per Share Chart

Southridge Enterprises Annual Data
Trend Aug06 Aug07
Tangible Book per Share
-6.98 -6.79

Southridge Enterprises Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08 May08
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -286.43 -6.79 -278.87 451.65 1,165.24

Competitive Comparison of Southridge Enterprises's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Southridge Enterprises'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.


Southridge Enterprises's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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



Southridge Enterprises Tangible Book per Share Calculation

Southridge Enterprises's Tangible Book Value Per Share for the fiscal year that ended in Aug. 2007 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.018-0-0)/0.00265
=-6.79

Southridge Enterprises's Tangible Book Value Per Share for the quarter that ended in May. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(6.001-0-0)/0.00515
=1,165.24

* 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.


Southridge Enterprises  (GREY:SRGE) 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.


Southridge Enterprises Tangible Book per Share Related Terms

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Southridge Enterprises (Southridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3625 N. Hall Street, Suite 900, Dallas, TX, USA, 75219
Southridge Enterprises Inc is a mining exploration and development company formed to acquire, develop, and exploit natural resource properties.

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