GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » LifeQuest World Corp (OTCPK:LQWC) » Definitions » Tangible Book per Share

LifeQuest World (LifeQuest World) Tangible Book per Share : $-2.82 (As of May. 2009)


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

What is LifeQuest World 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. LifeQuest World's tangible book value per share for the quarter that ended in May. 2009 was $-2.82.

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.


LifeQuest World Tangible Book per Share Historical Data

The historical data trend for LifeQuest World'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.

LifeQuest World Tangible Book per Share Chart

LifeQuest World Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -288.89 -39.55 1.97 -6.21 -2.82

LifeQuest World Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -288.89 -39.55 1.97 -6.21 -2.82

Competitive Comparison of LifeQuest World's Tangible Book per Share

For the Pollution & Treatment Controls subindustry, LifeQuest World'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.


LifeQuest World's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LifeQuest World's Price-to-Tangible-Book distribution charts can be found below:

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



LifeQuest World Tangible Book per Share Calculation

LifeQuest World's Tangible Book Value Per Share for the fiscal year that ended in May. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.705-0.01-2.386)/0.24531
=-2.82

LifeQuest World's Tangible Book Value Per Share for the quarter that ended in May. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.705-0.01-2.386)/0.24531
=-2.82

* 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.


LifeQuest World  (OTCPK:LQWC) 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.


LifeQuest World Tangible Book per Share Related Terms

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


LifeQuest World (LifeQuest World) Business Description

Traded in Other Exchanges
N/A
Address
100 Challenger Road, 8th Floor, Ridgefield Park, NJ, USA, 07660
LifeQuest World Corp is a technology leader in low-cost, low-maintenance, eco-friendly, decentralized wastewater treatment. It intends to rapidly add solutions for the treatment of effluents. The company markets the following products namely BioPipe; Abrimix water treatment technology is capable of treating industrial wastewater and Goslyn is a patented fat, oil, and grease recovery device used in restaurants, hotels, and industrial kitchens.
Executives
Anthony Carl Jurak director, 10 percent owner, officer: CEO 297 MARIN ST, SAINTE ADELE QUEBEC A1 J8B2P8
Roger Theriault director, officer: President 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119
Maria Jose Guedes officer: V.P. of Operations/Asst. Secy. 1181 GRIER DR., SUITE C, LAS VEGAS NV 89119

LifeQuest World (LifeQuest World) Headlines

From GuruFocus