GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Xiana Mining Inc (TSXV:XIA.H) » Definitions » Tangible Book per Share

Xiana Mining (TSXV:XIA.H) Tangible Book per Share : C$-1.38 (As of Sep. 2020)


View and export this data going back to 1981. Start your Free Trial

What is Xiana 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. Xiana Mining's tangible book value per share for the quarter that ended in Sep. 2020 was C$-1.38.

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.


Xiana Mining Tangible Book per Share Historical Data

The historical data trend for Xiana 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.

Xiana Mining Tangible Book per Share Chart

Xiana Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.29 -0.42 -0.01 0.02 -1.15

Xiana Mining Quarterly Data
Jul15 Oct15 Jan16 Apr16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 -0.30 -1.15 -1.25 -1.35 -1.38

Competitive Comparison of Xiana Mining's Tangible Book per Share

For the Other Precious Metals & Mining subindustry, Xiana 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.


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

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

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



Xiana Mining Tangible Book per Share Calculation

Xiana Mining's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-65.908-0-0)/57.5077
=-1.15

Xiana Mining's Tangible Book Value Per Share for the quarter that ended in Sep. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-79.492-0-0)/57.5077
=-1.38

* 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.


Xiana Mining  (TSXV:XIA.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.


Xiana Mining Tangible Book per Share Related Terms

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


Xiana Mining (TSXV:XIA.H) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Xiana Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company focuses on exploration for precious and base metals in its property interest. Its exploration activities are focused on mineral claim blocks grouped into the Central Zone, North Zone, and South Zone. It produces copper-gold concentrates from the Minera Altos De Punitaqui in Chile.

Xiana Mining (TSXV:XIA.H) Headlines

No Headlines