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Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Tangible Book per Share : $3.26 (As of Mar. 2024)


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What is Welsbach Technology Metals Acquisition 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. Welsbach Technology Metals Acquisition's tangible book value per share for the quarter that ended in Mar. 2024 was $3.26.

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.


Welsbach Technology Metals Acquisition Tangible Book per Share Historical Data

The historical data trend for Welsbach Technology Metals Acquisition'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.

Welsbach Technology Metals Acquisition Tangible Book per Share Chart

Welsbach Technology Metals Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Tangible Book per Share
7.37 7.35 3.27

Welsbach Technology Metals Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.19 5.20 3.28 3.27 3.26

Competitive Comparison of Welsbach Technology Metals Acquisition's Tangible Book per Share

For the Shell Companies subindustry, Welsbach Technology Metals Acquisition'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.


Welsbach Technology Metals Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Welsbach Technology Metals Acquisition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Welsbach Technology Metals Acquisition's Price-to-Tangible-Book falls into.



Welsbach Technology Metals Acquisition Tangible Book per Share Calculation

Welsbach Technology Metals Acquisition's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(14.585-0-0)/4.45683
=3.27

Welsbach Technology Metals Acquisition's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(14.515-0-0)/4.45683
=3.26

* 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.


Welsbach Technology Metals Acquisition  (NAS:WTMA) 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.


Welsbach Technology Metals Acquisition Tangible Book per Share Related Terms

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Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
160 South Craig Place, Lombard, IL, USA, 60148
Welsbach Technology Metals Acquisition Corp is a blank check company.
Executives
John P Stanfield officer: Chief Financial Officer 9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc 10 percent owner 160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski director 160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou director, officer: Chief Executive Officer 160 S CRAIG PLACE, LOMBARD IL 60148
Emily King director 160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower director, officer: Chief Operating Officer 160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe director 160 S CRAIG PLACE, LOMBARD IL 60148

Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Headlines