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Steadright Critical Minerals (XCNQ:SCM) Tangible Book per Share : C$-0.01 (As of Sep. 2024)


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What is Steadright Critical 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. Steadright Critical Minerals's tangible book value per share for the quarter that ended in Sep. 2024 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.


Steadright Critical Minerals Tangible Book per Share Historical Data

The historical data trend for Steadright Critical 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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Steadright Critical Minerals Tangible Book per Share Chart

Steadright Critical Minerals Annual Data
Trend Mar22 Mar23 Mar24
Tangible Book per Share
0.05 0.06 -0.03

Steadright Critical Minerals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.15 0.14 -0.03 - -0.01

Competitive Comparison of Steadright Critical Minerals's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Steadright Critical 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.


Steadright Critical Minerals's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

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


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Steadright Critical Minerals Tangible Book per Share Calculation

Steadright Critical Minerals's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.122-0-0)/4.163
=-0.03

Steadright Critical Minerals's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.081-0-0)/11.663
=-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.


Steadright Critical Minerals  (XCNQ:SCM) 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.


Steadright Critical Minerals Tangible Book per Share Related Terms

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Steadright Critical Minerals Business Description

Traded in Other Exchanges
N/A
Address
1 Crescent Road, Suite 216, Huntsville, ON, CAN, P1H 1Z6
Steadright Critical Minerals Inc is a mining exploration company. The company is engaged in the exploration and evaluation of mineral properties. It explores nickel, copper cobalt, and PGE (Platinum Group Elements) minerals. The company has a focus on the RAM project located within the Province of Quebec.
Executives
John Morgan Director, Senior Officer
Urbanski Mark Director
Palkovits Robert Senior Officer

Steadright Critical Minerals Headlines

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