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Astra Energy (STU:5OF) Tangible Book per Share : €0.01 (As of Feb. 2024)


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What is Astra 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. Astra Energy's tangible book value per share for the quarter that ended in Feb. 2024 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.


Astra Energy Tangible Book per Share Historical Data

The historical data trend for Astra 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.

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Astra Energy Tangible Book per Share Chart

Astra Energy Annual Data
Trend Sep05 Aug06 Aug07 Aug08 Aug09 Aug21 Aug22 Aug23
Tangible Book per Share
Get a 7-Day Free Trial 2.36 1.34 - - 0.02

Astra Energy Quarterly Data
Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 May10 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.51 0.26 0.02 0.04 0.01

Competitive Comparison of Astra Energy's Tangible Book per Share

For the Utilities - Renewable subindustry, Astra 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.


Astra Energy's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Astra Energy's Price-to-Tangible-Book distribution charts can be found below:

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



Astra Energy Tangible Book per Share Calculation

Astra Energy's Tangible Book Value Per Share for the fiscal year that ended in Aug. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.605-0.001-0)/67.639
=0.02

Astra Energy's Tangible Book Value Per Share for the quarter that ended in Feb. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(2.557-0.001-1.541)/72.764
=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.


Astra Energy  (STU:5OF) 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.


Astra Energy Tangible Book per Share Related Terms

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Astra Energy (STU:5OF) Business Description

Traded in Other Exchanges
Address
9565 Waples Street, Suite 200, San Diego, CA, USA, 92121
Astra Energy Inc is engaged in waste management industry and the electricity and power generation sectors with a focus on energy production from solar, waste conversion and clean burning fuels. The company invests in and develops renewable and clean energy projects in markets where demand is high, supply is limited and there is an opportunity to address other imminent market needs, while also cultivating a portfolio of intellectual property and licenses for renewable energy technology and generating projects to deploy that technology. Its projects include Zanzibar Clean and Renewable Energy Park, 350 Megawatt Combined Cycle Power Plant and others.

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