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Showcase Minerals (XCNQ:SHOW) Tangible Book per Share : C$0.01 (As of Jul. 2024)


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What is Showcase 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. Showcase Minerals's tangible book value per share for the quarter that ended in Jul. 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.


Showcase Minerals Tangible Book per Share Historical Data

The historical data trend for Showcase 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.

* Premium members only.

Showcase Minerals Tangible Book per Share Chart

Showcase Minerals Annual Data
Trend Oct21 Oct22 Oct23
Tangible Book per Share
0.02 0.02 0.06

Showcase Minerals Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.06 0.07 0.06 0.01

Competitive Comparison of Showcase Minerals's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Showcase 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.


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

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

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



Showcase Minerals Tangible Book per Share Calculation

Showcase 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)
=(0.998-0-0.004)/17.6079
=0.06

Showcase Minerals's Tangible Book Value Per Share for the quarter that ended in Jul. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.231-0-0.003)/21.8659
=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.


Showcase Minerals  (XCNQ:SHOW) 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.


Showcase Minerals Tangible Book per Share Related Terms

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Showcase Minerals Business Description

Traded in Other Exchanges
Address
741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4
Website
Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.
Executives
Bruno Christian Fruscalzo Senior Officer
Christopher Paterson Director
Jelena Bugarin Senior Officer
Kirk R Reed Director

Showcase Minerals Headlines

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