GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Iron Ore Ltd (TSXV:CIO) » Definitions » Tangible Book per Share

Central Iron Ore (TSXV:CIO) Tangible Book per Share : C$0.04 (As of Sep. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Central Iron Ore 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. Central Iron Ore's tangible book value per share for the quarter that ended in Sep. 2024 was C$0.04.

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.


Central Iron Ore Tangible Book per Share Historical Data

The historical data trend for Central Iron Ore'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.

Central Iron Ore Tangible Book per Share Chart

Central Iron Ore Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.10 0.08 0.05

Central Iron Ore Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.06 0.05 0.05 0.04

Competitive Comparison of Central Iron Ore's Tangible Book per Share

For the Gold subindustry, Central Iron Ore'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.


Central Iron Ore's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Central Iron Ore's Price-to-Tangible-Book falls into.



Central Iron Ore Tangible Book per Share Calculation

Central Iron Ore's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.25-0-0)/24.2369
=0.05

Central Iron Ore's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.513-0-0)/34.9155
=0.04

* 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.


Central Iron Ore  (TSXV:CIO) 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.


Central Iron Ore Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Central Iron Ore's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Central Iron Ore Business Description

Traded in Other Exchanges
N/A
Address
49-51 York Street, Level 2, Suite 1, Sydney, NSW, AUS, 2000
Central Iron Ore Ltd is a junior mineral exploration and development company. The firm engages in the exploration and development of gold in Australia. It holds interests in Red 5 Joint Venture, British King Gold Mine, South Darlot Joint Venture Project, and South Darlot Gold Project. The company generates maximum revenue from Australia and also has its presence in Canada.
Executives
Rainidays Pty Ltd Director