GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zinco Mining Corp (TSXV:ZIM.H) » Definitions » Tangible Book per Share

Zinco Mining (TSXV:ZIM.H) Tangible Book per Share : C$-0.03 (As of Jun. 2017)


View and export this data going back to 1983. Start your Free Trial

What is Zinco 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. Zinco Mining's tangible book value per share for the quarter that ended in Jun. 2017 was C$-0.03.

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.


Zinco Mining Tangible Book per Share Historical Data

The historical data trend for Zinco 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.

Zinco Mining Tangible Book per Share Chart

Zinco Mining Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.08 -0.02 -0.02 -0.03

Zinco Mining Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -0.02 -0.03 -0.03 -0.03 -0.03

Competitive Comparison of Zinco Mining's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Zinco 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.


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

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

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



Zinco Mining Tangible Book per Share Calculation

Zinco Mining's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.033-0-0)/41.1287
=-0.03

Zinco Mining's Tangible Book Value Per Share for the quarter that ended in Jun. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-1.09-0-0)/41.1287
=-0.03

* 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.


Zinco Mining  (TSXV:ZIM.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.


Zinco Mining Tangible Book per Share Related Terms

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


Zinco Mining (TSXV:ZIM.H) Business Description

Traded in Other Exchanges
N/A
Address
16055 Fraser Highway, Suite 825, 205, Surrey, BC, CAN, V4N 0G2
Zinco Mining Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, and development of its mineral interests. The firm is in the process of exploring its exploration and evaluation assets. It is engaged in the discovery and development of volcanogenic massive sulfide (VMS) deposits in Mexico. The firm, through its subsidiary, Minera Croesus S.A. de C.V., owns approximately seven mining concessions that define the VMS Project.

Zinco Mining (TSXV:ZIM.H) Headlines

No Headlines