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The Glimpse Group (The Glimpse Group) Tangible Book per Share : $0.05 (As of Dec. 2023)


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What is The Glimpse Group 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. The Glimpse Group's tangible book value per share for the quarter that ended in Dec. 2023 was $0.05.

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.


The Glimpse Group Tangible Book per Share Historical Data

The historical data trend for The Glimpse Group'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.

The Glimpse Group Tangible Book per Share Chart

The Glimpse Group Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
0.14 -0.03 -0.12 0.89 -0.29

The Glimpse Group Quarterly Data
Jun19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.06 -0.08 -0.29 0.05 0.05

Competitive Comparison of The Glimpse Group's Tangible Book per Share

For the Software - Infrastructure subindustry, The Glimpse Group'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.


The Glimpse Group's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, The Glimpse Group's Price-to-Tangible-Book distribution charts can be found below:

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



The Glimpse Group Tangible Book per Share Calculation

The Glimpse Group's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(11.224-0-15.521)/14.7019
=-0.29

The Glimpse Group's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(14.797-0-13.969)/16.7222
=0.05

* 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.


The Glimpse Group  (NAS:VRAR) 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.


The Glimpse Group Tangible Book per Share Related Terms

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The Glimpse Group (The Glimpse Group) Business Description

Traded in Other Exchanges
Address
15 West 38th Street, 12th Floor, New York, NY, USA, 10018
The Glimpse Group Inc is a diversified Virtual and Augmented Reality platform company, comprised of multiple VR and AR software and services companies, and designed with the specific purpose of cultivating companies in the emerging VR/AR industry.
Executives
Lemuel Amen director 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Tyler Gates officer: Chief Futurist Officer 4154 36TH STREET, ARLINGTON VA 22206
Alexander Ruckdaeschel director 123 EAST 83RD STREET, APT 3-B, NEW YORK NY 10028
Jeffrey Ralph Meisner director, officer: Chief Revenue Officer 401 PALLADIAN BLVD., SOUTHLAKE TX 76092
Lyron L Bentovim director, 10 percent owner, officer: President & CEO 60 CUTTER MILL ROAD, GREAT NECK, NEW YORK NY 11021
Maydan Rothblum director, officer: Chief Financial Officer & COO 19655 DESCARTES, FOOTHILL RANCH CA 92610
Jeffrey D. Enslin director 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Ian Morgan Charles director 35 ANTILLES WAY, TIBURON CA 94920
David John Smith director, 10 percent owner, officer: Chief Creative Officer 15 WEST 38TH STREET, 9TH FLOOR, NEW YORK NY 10018
Sharon T Rowlands director 195 BROADWAY, NEW YORK NY 10007

The Glimpse Group (The Glimpse Group) Headlines

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