GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Sweet Earth Holdings Corp (OTCPK:SEHCF) » Definitions » Tangible Book per Share

Sweet Earth Holdings (Sweet Earth Holdings) Tangible Book per Share : $-0.04 (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Sweet Earth 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. Sweet Earth Holdings's tangible book value per share for the quarter that ended in Dec. 2023 was $-0.04.

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.


Sweet Earth Holdings Tangible Book per Share Historical Data

The historical data trend for Sweet Earth 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.

Sweet Earth Holdings Tangible Book per Share Chart

Sweet Earth Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Tangible Book per Share
0.97 0.23 -0.23 -0.03

Sweet Earth Holdings Quarterly Data
Mar19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.27 -0.32 -0.03 -0.03 -0.04

Competitive Comparison of Sweet Earth Holdings's Tangible Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Sweet Earth 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.


Sweet Earth Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Sweet Earth Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Sweet Earth Holdings Tangible Book per Share Calculation

Sweet Earth 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)
=(-0.356-0-0)/12.8029
=-0.03

Sweet Earth 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)
=(-0.545-0-0)/12.8029
=-0.04

* 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.


Sweet Earth Holdings  (OTCPK:SEHCF) 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.


Sweet Earth Holdings Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Sweet Earth Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sweet Earth Holdings (Sweet Earth Holdings) Business Description

Traded in Other Exchanges
Address
903-700 West Pender Street, Vancouver, BC, CAN, V6C 1G8
Sweet Earth Holdings Corp is engaged in the business of the sale of hemp pre-roll and skin care products. 'It operates in a single segment, which includes cultivation and processing of hemp cannabidiol in the state of Oregon, USA, and in Cadiz, Spain'.