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Guardforce AI Co (Guardforce AI Co) Tangible Book per Share : $2.24 (As of Dec. 2023)


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What is Guardforce AI Co 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. Guardforce AI Co's tangible book value per share for the quarter that ended in Dec. 2023 was $2.24.

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.


Guardforce AI Co Tangible Book per Share Historical Data

The historical data trend for Guardforce AI Co'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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Guardforce AI Co Tangible Book per Share Chart

Guardforce AI Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
2.32 -5.61 11.30 6.62 2.24

Guardforce AI Co Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 11.30 14.90 6.62 2.43 2.24

Competitive Comparison of Guardforce AI Co's Tangible Book per Share

For the Security & Protection Services subindustry, Guardforce AI Co'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.


Guardforce AI Co's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Guardforce AI Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Guardforce AI Co's Price-to-Tangible-Book falls into.



Guardforce AI Co Tangible Book per Share Calculation

Guardforce AI Co'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)
=(25.232-0-3.248)/9.83037
=2.24

Guardforce AI Co'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)
=(25.232-0-3.248)/9.83037
=2.24

* 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.


Guardforce AI Co  (NAS:GFAI) 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.


Guardforce AI Co Tangible Book per Share Related Terms

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Guardforce AI Co (Guardforce AI Co) Business Description

Traded in Other Exchanges
N/A
Address
10 Anson Road, No. 28-01, International Plaza, Singapore, SGP, 079903
Guardforce AI Co Ltd is a provider of cash solutions and cash handling services located in Thailand. The company engages in the cash logistics business, and its services include cash-in-transit, or CIT, dedicated vehicles to banks, ATM management, cash center operations, cash processing, coin processing, cheque center, and cash deposit machine solutions (cash deposit management and express cash service). Its customers include local commercial banks, chain retailers, coin-manufacturing mints, and government authorities.