GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » African Discovery Group Inc (OTCPK:AFDG) » Definitions » Net Cash per Share

African Discovery Group (African Discovery Group) Net Cash per Share : $0.00 (As of Aug. 2023)


View and export this data going back to 2011. Start your Free Trial

What is African Discovery Group 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). African Discovery Group's Net Cash per Share for the quarter that ended in Aug. 2023 was $0.00.

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

AFDG's Price-to-Net-Cash is not ranked *
in the Conglomerates industry.
Industry Median: 8.56
* Ranked among companies with meaningful Price-to-Net-Cash only.

African Discovery Group Net Cash per Share Historical Data

The historical data trend for African Discovery Group'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.

African Discovery Group Net Cash per Share Chart

African Discovery Group Annual Data
Trend Dec10 Feb12 Feb13 Feb15 Feb16 Feb17
Net Cash per Share
Get a 7-Day Free Trial -0.02 -0.04 -0.03 -0.03 -0.03

African Discovery Group Semi-Annual Data
Jun10 Dec10 Jun11 Feb12 Aug12 Feb13 Aug13 Feb15 Aug15 Feb16 Aug16 Feb17 Aug22 Aug23
Net Cash 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 -0.03 -0.03 -0.03 - -

Competitive Comparison of African Discovery Group's Net Cash per Share

For the Conglomerates subindustry, African Discovery Group'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.


African Discovery Group's Price-to-Net-Cash Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, African Discovery Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where African Discovery Group's Price-to-Net-Cash falls into.



African Discovery Group 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.

African Discovery Group's Net Cash per Share for the fiscal year that ended in Feb. 2017 is calculated as

Net Cash per Share (A: Feb. 2017 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.285-3.953-0)/112.25
=-0.03

African Discovery Group's Net Cash per Share for the quarter that ended in Aug. 2023 is calculated as

Net Cash per Share (Q: Aug. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.001-0.359-0)/705.285
=-0.00

* 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.


African Discovery Group  (OTCPK:AFDG) 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.


African Discovery Group Net Cash per Share Related Terms

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


African Discovery Group (African Discovery Group) Business Description

Traded in Other Exchanges
N/A
Address
445 Park Avenue, Ninth Floor, New York, NY, USA, 10022
African Discovery Group Inc primary business from which it currently generates revenue includes power, agriculture/sustainability, media, strategic minerals, and finance sectors on the African continent.

African Discovery Group (African Discovery Group) Headlines