GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Canada One Mining Corp (TSXV:CONE) » Definitions » Tangible Book per Share

Canada One Mining (TSXV:CONE) Tangible Book per Share : C$-0.02 (As of Jul. 2024)


View and export this data going back to 1989. Start your Free Trial

What is Canada One Mining 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. Canada One Mining's tangible book value per share for the quarter that ended in Jul. 2024 was C$-0.02.

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.


Canada One Mining Tangible Book per Share Historical Data

The historical data trend for Canada One Mining'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.

Canada One Mining Tangible Book per Share Chart

Canada One Mining Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.04 -0.06 -0.04 -0.02

Canada One Mining Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.04 -0.02 -0.01 -0.01 -0.02

Competitive Comparison of Canada One Mining's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Canada One Mining'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.


Canada One Mining's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canada One Mining's Price-to-Tangible-Book falls into.



Canada One Mining Tangible Book per Share Calculation

Canada One Mining's Tangible Book Value Per Share for the fiscal year that ended in Jul. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.836-0-0)/45.5768
=-0.02

Canada One Mining's Tangible Book Value Per Share for the quarter that ended in Jul. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.836-0-0)/45.5768
=-0.02

* 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.


Canada One Mining  (TSXV:CONE) 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.


Canada One Mining Tangible Book per Share Related Terms

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


Canada One Mining Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 2T7
Canada One Mining Corp is focused on the exploration of its resource properties in British Columbia and has not yet determined whether its exploration and evaluation assets contain mineral reserves that are economically recoverable.
Executives
Michael Winslow Kinley Director, Senior Officer
Hugh Maddin 10% Security Holder

Canada One Mining Headlines