Hannover House Inc (HHSE)

[speckulater]

Actual HHSE Book Value Per Share ~ .037

In the CEO Interview, HHSE Eric Parkinson said HHSE Book Value is .025 To .03. In reality, it is much higher than that.

Latest Data HHSE 1st Quarter 10-Q, March 31, 2016:

HHSE Total Shareholder's Equity = $29,526,990
HHSE Total Outstanding Shares = 799,929,996

HHSE Book Value = 29,526,990 / 799,929,996 = 0.0369 ~ .037


WHAT IT IS:
Book value refers to the total amount a company would be worth if it liquidated its assets and paid back all its liabilities.

HOW IT WORKS (EXAMPLE):
Book value is calculated by taking a company's physical assets (including land, buildings, computers, etc.) and subtracting out intangible assets (such as patents)and liabilities -- including preferred stock, debt, and accounts payable. The value left after this calculation represents what the company is intrinsically worth.

Thus, book value is calculated:

Book value = total assets - intangible assets - liabilities (Stockholder's Equity)

WHY IT MATTERS:
Since book value represents the intrinsic net worth of a company, it is a helpful tool for wanting to determine if a company is underpriced or overpriced, which could indicate a potential time to buy or sell. For instance, value investors search for companies trading for prices at or below book value (indicating a price-to-book ratio of less than 1.0), which implies the shares are selling for less than the company's actual worth.







https://www.otciq.com/otciq/ajax/showFinancialReportById.pdf?id=155520

http://www.financeformulas.net/Book-Value-per-Share.html

http://www.investinganswers.com/financial-dictionary/financial-statement-analysis/book-value-1080








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