Origin Therapeutics Holdings (XCNQ:ORIG) Tangible Book per Share : C$0.05 (As of Jun. 2023)

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What is Origin Therapeutics 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. Origin Therapeutics Holdings's tangible book value per share for the quarter that ended in Jun. 2023 was C$0.05.

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.

Origin Therapeutics Holdings Tangible Book per Share Historical Data

The historical data trend for Origin Therapeutics 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.

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Origin Therapeutics Holdings Tangible Book per Share Chart

Origin Therapeutics Holdings Annual Data

Trend

Sep21

Sep22

Tangible Book per Share

0.10

Origin Therapeutics Holdings Quarterly Data
	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Tangible Book per Share	Get a 7-Day Free Trial				0.11	0.10	0.09	0.06	0.05

Competitive Comparison of Origin Therapeutics Holdings's Tangible Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Origin Therapeutics 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.

Origin Therapeutics Holdings's Price-to-Tangible-Book Distribution in the Drug Manufacturers Industry

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

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

Origin Therapeutics Holdings Tangible Book per Share Calculation

Origin Therapeutics Holdings's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2022 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(5.429	-	0	-	0)	/	56.563
	=	0.10

Origin Therapeutics Holdings's Tangible Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(3.081	-	0	-	0)	/	56.563
	=	0.05

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.

Origin Therapeutics Holdings (XCNQ:ORIG) 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.

Origin Therapeutics Holdings Tangible Book per Share Related Terms

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