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NetCents Technology (XCNQ:NC) Tangible Book per Share : C$0.01 (As of Jul. 2020)


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What is NetCents Technology 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. NetCents Technology's tangible book value per share for the quarter that ended in Jul. 2020 was C$0.01.

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.


NetCents Technology Tangible Book per Share Historical Data

The historical data trend for NetCents Technology'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.

NetCents Technology Tangible Book per Share Chart

NetCents Technology Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19
Tangible Book per Share
-0.02 -0.05 -0.04 -0.01 -0.04

NetCents Technology Quarterly Data
Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
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 0.02 -0.04 -0.03 -0.03 0.01

Competitive Comparison of NetCents Technology's Tangible Book per Share

For the Software - Infrastructure subindustry, NetCents Technology'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.


NetCents Technology's Price-to-Tangible-Book Distribution in the Software Industry

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

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



NetCents Technology Tangible Book per Share Calculation

NetCents Technology's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-2.279-0-0)/53.9556
=-0.04

NetCents Technology's Tangible Book Value Per Share for the quarter that ended in Jul. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.045-0-0)/80.9699
=0.01

* 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.


NetCents Technology  (XCNQ:NC) 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.


NetCents Technology Tangible Book per Share Related Terms

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NetCents Technology (XCNQ:NC) Business Description

Traded in Other Exchanges
N/A
Address
350-375 Water Street, Vancouver, BC, CAN, V6B 5C6
NetCents Technology Inc is engaged in software development for the payment processing industry. It helps in KYC, AML, IP Verification, eWallets, Merchant Gateway, Blockchain and Cryptocurrency Technology, Risk and Fraud Reduction, and Instant Settlements.

NetCents Technology (XCNQ:NC) Headlines