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Fire & Flower Holdings (TSX:FAF) Tangible Book per Share : C$0.54 (As of Mar. 2023)


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What is Fire & Flower Holdings 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. Fire & Flower Holdings's tangible book value per share for the quarter that ended in Mar. 2023 was C$0.54.

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.


Fire & Flower Holdings Tangible Book per Share Historical Data

The historical data trend for Fire & Flower Holdings'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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Fire & Flower Holdings Tangible Book per Share Chart

Fire & Flower Holdings Annual Data
Trend Jan20 Jan21 Jan22
Tangible Book per Share
0.73 -1.58 1.08

Fire & Flower Holdings Quarterly Data
Feb18 May18 Aug18 Nov18 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Mar23
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 1.08 1.57 1.17 0.89 0.54

Competitive Comparison of Fire & Flower Holdings's Tangible Book per Share

For the Pharmaceutical Retailers subindustry, Fire & Flower Holdings'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.


Fire & Flower Holdings's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Fire & Flower Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Fire & Flower Holdings's Price-to-Tangible-Book falls into.



Fire & Flower Holdings Tangible Book per Share Calculation

Fire & Flower Holdings's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(115.692-0-75.654)/37.0157
=1.08

Fire & Flower Holdings's Tangible Book Value Per Share for the quarter that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(58.43-0-34.103)/45.154
=0.54

* 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.


Fire & Flower Holdings  (TSX:FAF) 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.


Fire & Flower Holdings Tangible Book per Share Related Terms

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Fire & Flower Holdings (TSX:FAF) Business Description

Traded in Other Exchanges
N/A
Address
130 King Street West, Suite 2500, Toronto, ON, CAN, M5X 1C8
Fire & Flower Holdings Corp is an independent adult-use cannabis retailer focused on the Canadian market and international expansion opportunities. The company guides consumers through the complex world of cannabis through education-focused, retailing while the Hifyrea digital platform connects consumers with cannabis products. The company has three reportable segments namely, Retail segment, Wholesale and Logistics segment, and Digital Platform. Majority of the revenue is earned from Retail segment.