Live Energy Minerals (XCNQ:LIVE) Tangible Book per Share : C$0.08 (As of Jan. 2024)

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What is Live Energy Minerals 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. Live Energy Minerals's tangible book value per share for the quarter that ended in Jan. 2024 was C$0.08.

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.

Live Energy Minerals Tangible Book per Share Historical Data

The historical data trend for Live Energy Minerals'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.

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Live Energy Minerals Tangible Book per Share Chart

Live Energy Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Tangible Book per Share

0.05

0.08

0.09

Live Energy Minerals Quarterly Data
	Apr21	Jul21	Oct21	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Tangible Book per Share	Get a 7-Day Free Trial						-	0.08	0.08	0.09	0.08

Competitive Comparison of Live Energy Minerals's Tangible Book per Share

For the Gold subindustry, Live Energy Minerals'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.

Live Energy Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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

Live Energy Minerals Tangible Book per Share Calculation

Live Energy Minerals's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(1.542	-	0	-	0)	/	18.2205
	=	0.08

Live Energy Minerals's Tangible Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(1.503	-	0	-	0)	/	18.2205
	=	0.08

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.

Live Energy Minerals (XCNQ:LIVE) 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.

Live Energy Minerals Tangible Book per Share Related Terms

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Live Energy Minerals (XCNQ:LIVE) Business Description

Industry

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GTREF:USA

Address

810 - 789 West Pender Street, Vancouver, BC, CAN, V6C 1H2

Website

https://www.liveenergyminerals.com

Live Energy Minerals Corp is an exploration of resource properties. It holds interests in the Skygold Project located in the Cariboo Placer Region in British Columbia and also has the McDermitt Lithium Property. The company has one business segment the exploration of resource properties, in two geographic locations Canada and the United States.