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Cobalt Blue Holdings (FRA:COH) Tangible Book per Share : €0.10 (As of Dec. 2023)


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What is Cobalt Blue Holdings 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. Cobalt Blue Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was €0.10.

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.


Cobalt Blue Holdings Tangible Book per Share Historical Data

The historical data trend for Cobalt Blue Holdings'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.

Cobalt Blue Holdings Tangible Book per Share Chart

Cobalt Blue Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
Get a 7-Day Free Trial 0.08 0.07 0.08 0.09 0.11

Cobalt Blue Holdings Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.08 0.09 0.12 0.11 0.10

Competitive Comparison of Cobalt Blue Holdings's Tangible Book per Share

For the Other Industrial Metals & Mining subindustry, Cobalt Blue Holdings'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.


Cobalt Blue Holdings's Price-to-Tangible-Book Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cobalt Blue Holdings's Price-to-Tangible-Book falls into.



Cobalt Blue Holdings Tangible Book per Share Calculation

Cobalt Blue Holdings's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.878-0-0.118)/370.058
=0.11

Cobalt Blue Holdings's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(38.62-0-0.12)/375.807
=0.10

* 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.


Cobalt Blue Holdings  (FRA:COH) 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.


Cobalt Blue Holdings Tangible Book per Share Related Terms

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Cobalt Blue Holdings (FRA:COH) Business Description

Traded in Other Exchanges
Address
100 Miller Street, Suite 17.03, Level 17, North Sydney, Sydney, NSW, AUS, 2060
Cobalt Blue Holdings Ltd focuses upon the development and commercialisation of the Broken Hill Cobalt Deposit, Broken Hill, NSW. Its only operating segment being the exploration and evaluation of early-stage cobalt resources. The company's other project includes the Thackaringa Cobalt Project.

Cobalt Blue Holdings (FRA:COH) Headlines

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