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Cal Bay International (Cal Bay International) Tangible Book per Share : $113.67 (As of Sep. 2006)


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What is Cal Bay International 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. Cal Bay International's tangible book value per share for the quarter that ended in Sep. 2006 was $113.67.

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.


Cal Bay International Tangible Book per Share Historical Data

The historical data trend for Cal Bay International'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.

Cal Bay International Tangible Book per Share Chart

Cal Bay International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05
Tangible Book per Share
-3.51 35.26 -16.87 -10.58 467.07

Cal Bay International Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 Premium Member Only Premium Member Only Premium Member Only 2,252.40 467.07 457.75 533.86 113.67

Competitive Comparison of Cal Bay International's Tangible Book per Share

For the Capital Markets subindustry, Cal Bay International'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.


Cal Bay International's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cal Bay International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cal Bay International's Price-to-Tangible-Book falls into.



Cal Bay International Tangible Book per Share Calculation

Cal Bay International's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2005 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.599-0-0.225)/0.02007
=467.07

Cal Bay International's Tangible Book Value Per Share for the quarter that ended in Sep. 2006 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(9.599-0-0.225)/0.08247
=113.67

* 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.


Cal Bay International  (OTCPK:CBYI) 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.


Cal Bay International Tangible Book per Share Related Terms

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Cal Bay International (Cal Bay International) Business Description

Traded in Other Exchanges
N/A
Address
1887 Whitney Mesa Drive, No. 2127, Henderson, NV, USA, 89014
Cal Bay International Inc acquired a Financial, merchant card processing system, CB Green Card, that allows the legal payment to the dispensary by patients using the CB Green card for purchases within the dispensaries. The majority of the transactions are on a cash only basis. The company's merchant processing system allows for the registered dispensaries to be able to accept and process the patients CB Green card and have the proceeds deposited to their financial institution, creating an alternative to holding large amounts of non depositable cash to the banks and at the same time creating a verifiable transaction of sales for state and Federal tax collection agencies. The company has also developed a formula specifically designed for enhancing the growth of marijuana plants.