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Blue Sky Energy (TSXV:BSI.H) Tangible Book per Share : C$-0.09 (As of Jan. 2022)


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What is Blue Sky Energy 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. Blue Sky Energy's tangible book value per share for the quarter that ended in Jan. 2022 was C$-0.09.

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.


Blue Sky Energy Tangible Book per Share Historical Data

The historical data trend for Blue Sky Energy'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.

Blue Sky Energy Tangible Book per Share Chart

Blue Sky Energy Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.20 -0.06 -0.07 -0.08

Blue Sky Energy Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22
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 -0.07 -0.07 -0.08 -0.08 -0.09

Competitive Comparison of Blue Sky Energy's Tangible Book per Share

For the Oil & Gas E&P subindustry, Blue Sky Energy'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.


Blue Sky Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Blue Sky Energy's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blue Sky Energy's Price-to-Tangible-Book falls into.



Blue Sky Energy Tangible Book per Share Calculation

Blue Sky Energy's Tangible Book Value Per Share for the fiscal year that ended in Jul. 2021 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.407-0-0)/30.885
=-0.08

Blue Sky Energy's Tangible Book Value Per Share for the quarter that ended in Jan. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.635-0-0)/30.885
=-0.09

* 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.


Blue Sky Energy  (TSXV:BSI.H) 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.


Blue Sky Energy Tangible Book per Share Related Terms

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Blue Sky Energy (TSXV:BSI.H) Business Description

Traded in Other Exchanges
N/A
Address
65 Queen Street West, Suite 805, 8th Floor, Toronto, ON, CAN, M5H 2M5
Blue Sky Energy Inc is an oil and gas exploration company focused on pursuing the exploration, evaluation, and development of resource assets. It is exploring opportunities in the domestic and international oil and gas sector with a focus on competitive and stable energy jurisdictions.

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