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Crestview Exploration (XCNQ:CRS) Tangible Book per Share : C$0.04 (As of Feb. 2024)


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What is Crestview Exploration 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. Crestview Exploration's tangible book value per share for the quarter that ended in Feb. 2024 was C$0.04.

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.


Crestview Exploration Tangible Book per Share Historical Data

The historical data trend for Crestview Exploration'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.

Crestview Exploration Tangible Book per Share Chart

Crestview Exploration Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Tangible Book per Share
Get a 7-Day Free Trial 0.04 0.03 0.09 0.07 0.05

Crestview Exploration Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.07 0.07 0.06 0.05 0.04

Competitive Comparison of Crestview Exploration's Tangible Book per Share

For the Gold subindustry, Crestview Exploration'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.


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

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

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



Crestview Exploration Tangible Book per Share Calculation

Crestview Exploration's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.365-0-0)/29.7917
=0.05

Crestview Exploration's Tangible Book Value Per Share for the quarter that ended in Feb. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.297-0-0)/29.9918
=0.04

* 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.


Crestview Exploration  (XCNQ:CRS) 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.


Crestview Exploration Tangible Book per Share Related Terms

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Crestview Exploration (XCNQ:CRS) Business Description

Traded in Other Exchanges
Address
330 5th Avenue SW, Calgary, AB, CAN, T2P 0L3
Crestview Exploration Inc is a technology-driven, well-funded and experienced exploration company focused on finding gold and silver deposits in mining-friendly jurisdictions. The Rock Creek, Divide, and Castile Mountain properties are situated in the Tuscarora Mountains of northern Elko County, Nevada. It has one operating segment, the sector of exploration and evaluation of mineral resources. The company's Tuscarora properties combined comprise a total of 101 unpatented lode mining claims, with 74 claims at Rock Creek, 19 claims at Divide, and 8 claims at Castile Mountain.
Executives
Christopher James Wensley Director

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