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Aamaxan Transport Group (Aamaxan Transport Group) Tangible Book per Share : $0.67 (As of Jun. 2008)


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What is Aamaxan Transport Group 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. Aamaxan Transport Group's tangible book value per share for the quarter that ended in Jun. 2008 was $0.67.

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.


Aamaxan Transport Group Tangible Book per Share Historical Data

The historical data trend for Aamaxan Transport Group'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.

Aamaxan Transport Group Tangible Book per Share Chart

Aamaxan Transport Group Annual Data
Trend Jan06 Jan07
Tangible Book per Share
-0.07 -0.17

Aamaxan Transport Group Quarterly Data
Apr06 Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Jun08
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only - - -0.25 0.57 0.67

Competitive Comparison of Aamaxan Transport Group's Tangible Book per Share

For the Shell Companies subindustry, Aamaxan Transport Group'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.


Aamaxan Transport Group's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Aamaxan Transport Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Aamaxan Transport Group's Price-to-Tangible-Book falls into.



Aamaxan Transport Group Tangible Book per Share Calculation

Aamaxan Transport Group's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2007 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.042-0-0)/0.243
=-0.17

Aamaxan Transport Group's Tangible Book Value Per Share for the quarter that ended in Jun. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(15.787-0-5.087)/15.9918
=0.67

* 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.


Aamaxan Transport Group  (GREY:AAXT) 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.


Aamaxan Transport Group Tangible Book per Share Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Traded in Other Exchanges
N/A
Address
31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7
Website
Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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