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Scandinavian Astor Group AB (XSAT:ASTOR) Tangible Book per Share : kr0.74 (As of Mar. 2024)


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What is Scandinavian Astor Group AB 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. Scandinavian Astor Group AB's tangible book value per share for the quarter that ended in Mar. 2024 was kr0.74.

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.


Scandinavian Astor Group AB Tangible Book per Share Historical Data

The historical data trend for Scandinavian Astor Group AB'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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Scandinavian Astor Group AB Tangible Book per Share Chart

Scandinavian Astor Group AB Annual Data
Trend Dec22 Dec23
Tangible Book per Share
0.81 0.82

Scandinavian Astor Group AB Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 0.56 0.80 0.93 0.82 0.74

Competitive Comparison of Scandinavian Astor Group AB's Tangible Book per Share

For the Aerospace & Defense subindustry, Scandinavian Astor Group AB'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.


Scandinavian Astor Group AB's Price-to-Tangible-Book Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Scandinavian Astor Group AB's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Scandinavian Astor Group AB's Price-to-Tangible-Book falls into.



Scandinavian Astor Group AB Tangible Book per Share Calculation

Scandinavian Astor Group AB's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(84.452-0-57.606)/32.7469
=0.82

Scandinavian Astor Group AB's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(81.156-0-56.935)/32.7469
=0.74

* 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.


Scandinavian Astor Group AB  (XSAT:ASTOR) 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.


Scandinavian Astor Group AB Tangible Book per Share Related Terms

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Scandinavian Astor Group AB (XSAT:ASTOR) Business Description

Traded in Other Exchanges
Address
Torshamnsgatan 9, Kista, Stockholm, SWE, 164 40
Scandinavian Astor Group AB is a Swedish industrial and defense group. The company's industrial part manufactures advanced composite solutions on behalf of customers with applications in the marine, aviation, and defense industries. The military part develops, produces, and sells radar jamming systems for training purposes.

Scandinavian Astor Group AB (XSAT:ASTOR) Headlines

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