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WEDXF (The Westaim) Tangible Book per Share : $22.57 (As of Mar. 2025)


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What is The Westaim 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 Westaim's tangible book value per share for the quarter that ended in Mar. 2025 was $22.57.

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 Westaim Tangible Book per Share Historical Data

The historical data trend for The Westaim'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 Westaim Tangible Book per Share Chart

The Westaim Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.43 14.62 15.41 23.60 22.92

The Westaim Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 24.71 23.75 23.93 22.92 22.57

Competitive Comparison of The Westaim's Tangible Book per Share

For the Asset Management subindustry, The Westaim'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 Westaim's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Westaim's Price-to-Tangible-Book distribution charts can be found below:

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


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The Westaim Tangible Book per Share Calculation

The Westaim's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(497.411-0-0)/21.707
=22.91

The Westaim's Tangible Book Value Per Share for the quarter that ended in Mar. 2025 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(489.983-0-0)/21.707
=22.57

* 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 Westaim  (OTCPK:WEDXF) 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 Westaim Tangible Book per Share Related Terms

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The Westaim Business Description

Traded in Other Exchanges
Address
405 Lexington Avenue, 59th Floor, Suite 1700, New York, NY, USA, 10174
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. The Company's principal investments consist of its investment in Skyward Specialty, Arena FINCOs and Arena.
Executives
Cameron Macdonald 10 percent owner 70 YORK STREET, SUITE 1700, TORONTO A6 M5J 1S9
Goodwood Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H1K5
Peter Puccetti 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund 2.0 Ltd other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Goodwood Fund Arrow other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
Capital Fund Goodwood other: Other 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
1354037 Ontario Inc. 10 percent owner 212 KING STREET WEST, SUITE 201, TORONTO A6 M5H 1K5
K2 Principal Fund, L.p. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
Shawn Kimel Investments, Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 & Associates Investment Management Inc. 10 percent owner 2 BLOOR STREET WEST, SUITE 801, TORONTO A6 M4W 3E2
K2 Genpar, Inc. 10 percent owner 444 ADELAIDE STREET W SUITE 200, TORONTO A6 M5V 1S7