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Gulfslope Energy (Gulfslope Energy) Tangible Book per Share : $-0.01 (As of Jun. 2023)


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What is Gulfslope Energy 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. Gulfslope Energy's tangible book value per share for the quarter that ended in Jun. 2023 was $-0.01.

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.


Gulfslope Energy Tangible Book per Share Historical Data

The historical data trend for Gulfslope Energy'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.

Gulfslope Energy Tangible Book per Share Chart

Gulfslope Energy Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 - - - -0.01

Gulfslope Energy Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Gulfslope Energy's Tangible Book per Share

For the Oil & Gas E&P subindustry, Gulfslope Energy'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.


Gulfslope Energy's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

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

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



Gulfslope Energy Tangible Book per Share Calculation

Gulfslope Energy'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)
=(-8.52-0-0)/1268.24
=-0.01

Gulfslope Energy'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)
=(-9.348-0-0)/1307.19
=-0.01

* 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.


Gulfslope Energy  (OTCPK:GSPE) 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.


Gulfslope Energy Tangible Book per Share Related Terms

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Gulfslope Energy (Gulfslope Energy) Business Description

Traded in Other Exchanges
N/A
Address
1000 Main Street, Suite 2300, Houston, TX, USA, 77002
Gulfslope Energy Inc is a part of the oil and gas markets. It is a crude oil and natural gas exploration and production company. The company's activities are focused on the shelf area of the Gulf of Mexico. It is focused on identifying and acquiring oil and gas prospects. It has licensed three-dimensional seismic data and has evaluated this data using interpretation technologies.
Executives
Delek Group, Ltd. 10 percent owner 19 ABBA EBAN BLVD, P.O.B. 2054, HERZLIYA L3 4612001
Itshak Sharon 10 percent owner 7, GIBOREI ISRAEL STREET, P.O.B. 8464, INDUSTRIAL ZONE SOUTH, NETANYA L3 42504
Delek Gom Holdings, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Delek Gom Investments, Llc 10 percent owner C/O THE CORPORATION TRUST COMPANY, 1209 ORANGE STREET, WILMINGTON DE 19801
Dkl Investments Ltd 10 percent owner C/O CRESTBRIDGE LIMITED, 47 ESPLANADE, ST HELIER Y9 JE1 0BD
John Malanga officer: Chief Financial Officer 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
Richard S Langdon director
Paul L Morris director 1004 NORTH BIG SPRING STREET, MIDLAND TX 79701
James M. Askew director, 10 percent owner 3 RIVERWAY, STE. 1800, HOUSTON TX 77056
Brady Douglas Rodgers officer: VICE PRESIDENT 2500 CITYWEST BLVD, HOUSTON TX 77042
Ronald A Bain officer: President and COO 1001 FANNIN STREET, HOUSTON TX 77002
Moore Dwight Clint M officer: Vice President and Secretary 2500 CITY WEST, SUITE 800, HOUSTON TX 77042
John N Seitz 10 percent owner 4203 YOAKUM BLVD, SUITE 100, HOUSTON TX 77006
Connally John B Iii other: FORMER 10% OWNER 16MARCUS CO, 1600 ROCKCLIFF ROAD, AUSTIN TX 78746
Michael Doolin 10 percent owner 5 PEPPERWOOD DRIVE, SANDY UT 84092