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Beerenberg AS (OSL:BBERG) Tangible Book per Share : kr-0.44 (As of Dec. 2023)


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What is Beerenberg AS 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. Beerenberg AS's tangible book value per share for the quarter that ended in Dec. 2023 was kr-0.44.

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.


Beerenberg AS Tangible Book per Share Historical Data

The historical data trend for Beerenberg AS'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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Beerenberg AS Tangible Book per Share Chart

Beerenberg AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
-13.34 -10.40 -10.81 -0.44

Beerenberg AS Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23
Tangible Book per Share Get a 7-Day Free Trial -10.40 - -10.81 -9.52 -0.44

Competitive Comparison of Beerenberg AS's Tangible Book per Share

For the Oil & Gas Equipment & Services subindustry, Beerenberg AS'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.


Beerenberg AS's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beerenberg AS's Price-to-Tangible-Book distribution charts can be found below:

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



Beerenberg AS Tangible Book per Share Calculation

Beerenberg AS'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)
=(811.484-0-822.225)/24.57
=-0.44

Beerenberg AS'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)
=(811.484-0-822.225)/24.57
=-0.44

* 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.


Beerenberg AS  (OSL:BBERG) 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.


Beerenberg AS Tangible Book per Share Related Terms

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Beerenberg AS (OSL:BBERG) Business Description

Industry
Traded in Other Exchanges
Address
Kokstaddalen 33, P.O.Box 273, Slåtthaug, Bergen, NOR, N-5851
Beerenberg AS is a company engaged in contract work, production, industrial maintenance, trading, agency and commission work, and to take interests in other enterprises engaged in similar activities. Its Business activities include innovative service solutions for the oil and gas industry, covering the entire life cycle from field studies and newbuilds to maintenance, modifications, and lifetime extensions. The business area Services include Beerenberg´s core ISS disciplines Insulation, Scaffolding and Surface treatment, as well as passive fire protection, technical cleaning, rope access techniques, robotic surface treatment, architectural outfitting services.

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