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NorthStar Gaming Holdings (TSXV:BET) Tangible Book per Share : C$-0.06 (As of Dec. 2023)


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What is NorthStar Gaming 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. NorthStar Gaming Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was C$-0.06.

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.


NorthStar Gaming Holdings Tangible Book per Share Historical Data

The historical data trend for NorthStar Gaming 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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NorthStar Gaming Holdings Tangible Book per Share Chart

NorthStar Gaming Holdings Annual Data
Trend Jun22 Dec23
Tangible Book per Share
- -0.06

NorthStar Gaming Holdings Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23
Tangible Book per Share -0.01 -0.04 -0.05 -0.06 -0.06

Competitive Comparison of NorthStar Gaming Holdings's Tangible Book per Share

For the Electronic Gaming & Multimedia subindustry, NorthStar Gaming 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.


NorthStar Gaming Holdings's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, NorthStar Gaming Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where NorthStar Gaming Holdings's Price-to-Tangible-Book falls into.



NorthStar Gaming Holdings Tangible Book per Share Calculation

NorthStar Gaming Holdings's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-8.14-0.813-2.378)/192.792
=-0.06

NorthStar Gaming Holdings's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-8.14-0.813-2.378)/192.792
=-0.06

* 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.


NorthStar Gaming Holdings  (TSXV:BET) 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.


NorthStar Gaming Holdings Tangible Book per Share Related Terms

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NorthStar Gaming Holdings (TSXV:BET) Business Description

Traded in Other Exchanges
Address
220 King Street West, Suite 200, Toronto, ON, CAN, M5V 3M2
NorthStar Gaming Holdings Inc owns and operates a casino and sportsbook gaming platform. This segment's gaming revenue is primarily generated from the proceeds from the Company's online casino and sportsbook.
Executives
Corey Goodman Senior Officer

NorthStar Gaming Holdings (TSXV:BET) Headlines

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