GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Adara Acquisition Corp (AMEX:ADRA.U) » Definitions » Net Cash per Share

Adara Acquisition (Adara Acquisition) Net Cash per Share : $0.00 (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Adara Acquisition Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Adara Acquisition's Net Cash per Share for the quarter that ended in Sep. 2022 was $0.00.

The historical rank and industry rank for Adara Acquisition's Net Cash per Share or its related term are showing as below:

ADRA.U's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Adara Acquisition Net Cash per Share Historical Data

The historical data trend for Adara Acquisition's Net Cash 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.

Adara Acquisition Net Cash per Share Chart

Adara Acquisition Annual Data
Trend Dec20 Dec21
Net Cash per Share
- -

Adara Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Net Cash per Share Get a 7-Day Free Trial - - - - -

Competitive Comparison of Adara Acquisition's Net Cash per Share

For the Shell Companies subindustry, Adara Acquisition's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.


Adara Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Adara Acquisition's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Adara Acquisition's Price-to-Net-Cash falls into.



Adara Acquisition Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Adara Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Adara Acquisition's Net Cash per Share for the quarter that ended in Sep. 2022 is calculated as

* 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.


Adara Acquisition  (AMEX:ADRA.U) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Adara Acquisition Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Adara Acquisition's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Adara Acquisition (Adara Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
8845 Red Oak Boulevard, Charlotte, NC, USA, 28217
Adara Acquisition Corp is a blank check company.
Executives
Paul Eibeler director C/O MOOMJIAN & WAITE, LLP, 100 JERICHO QUADRANGLE STE 225, JERICHO NY 11753
Ogilvie Bruce A Jr director, 10 percent owner, officer: See Remarks 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
John Edwin Kutch officer: Chief Financial Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Chris Nagelson director 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Terilea J Wielenga director 25 CEDAR RIDGE, IRVINE CA 92603
Jeffrey Clinton Walker director, 10 percent owner, officer: Chief Executive Officer 1401 NW 136TH AVE, SUITE 100, SUNRISE FL 33323
Dylan Glenn director 535 BROAD HOLLOW ROAD, SUITE B51, MELVILLE NY 11747
Martin A. Sumichrast director, 10 percent owner, officer: Chief Executive Officer 11125 COLONIAL COUNTRY LANE, CHARLOTTE NC 28277
Thomas M Finke director BARINGS LLC, 300 SOUTH TRYON STREET, SUITE 2500, CHARLOTTE NC 28202
Paul G Porter officer: Chief Financial Officer 7621 LITTLE AVE, STE 414, CHARLOTTE NC 28226
Adara Sponsor Llc 10 percent owner 8845 RED OAK BOULEVARD, CHARLOTTE NC 28217
Donaldson Walter Tommy Iii director 211 EAST BLVD., CHARLOTTE NC 28203
Beatriz Acevedo-greiff director 1023 MAPLE STREET, SANTA MONICA CA 90405
Frank Quintero director 1966 DEERMONT RD, GLENDALE CA 91207

Adara Acquisition (Adara Acquisition) Headlines

From GuruFocus