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Surat Trade & Mercantile (BOM:530185) Net Cash per Share : ₹0.00 (As of Dec. 2023)


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What is Surat Trade & Mercantile 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). Surat Trade & Mercantile's Net Cash per Share for the quarter that ended in Dec. 2023 was ₹0.00.

The historical rank and industry rank for Surat Trade & Mercantile's Net Cash per Share or its related term are showing as below:

BOM:530185' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 0.53   Med: 2.24   Max: 12.51
Current: 2.38

During the past 13 years, the highest Price-to-Net-Cash Ratio of Surat Trade & Mercantile was 12.51. The lowest was 0.53. And the median was 2.24.

BOM:530185's Price-to-Net-Cash is ranked better than
74.38% of 203 companies
in the Capital Markets industry
Industry Median: 6.88 vs BOM:530185: 2.38

Surat Trade & Mercantile Net Cash per Share Historical Data

The historical data trend for Surat Trade & Mercantile'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.

Surat Trade & Mercantile Net Cash per Share Chart

Surat Trade & Mercantile Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.05 1.87 2.54 2.29 4.01

Surat Trade & Mercantile Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 4.01 - 3.96 -

Competitive Comparison of Surat Trade & Mercantile's Net Cash per Share

For the Capital Markets subindustry, Surat Trade & Mercantile'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.


Surat Trade & Mercantile's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Surat Trade & Mercantile's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Surat Trade & Mercantile's Price-to-Net-Cash falls into.



Surat Trade & Mercantile 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.

Surat Trade & Mercantile's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(914.837-24.889-0)/222.064
=4.01

Surat Trade & Mercantile's Net Cash per Share for the quarter that ended in Dec. 2023 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.


Surat Trade & Mercantile  (BOM:530185) 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.


Surat Trade & Mercantile Net Cash per Share Related Terms

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Surat Trade & Mercantile (BOM:530185) Business Description

Traded in Other Exchanges
N/A
Address
Puna-Kumbharia Road, Tulsi Krupa Arcade, 6th Floor, Near Aai Mata Chowk, Dumbhal, Surat, GJ, IND, 395010
Surat Textile Mills Ltd is engaged in the manufacturing and selling of Polyester filament yarn, polyester chips, and spun yarn. It produces ring-spun yarn for the domestic market in various ranges, such as 100% polyester, 100% viscose, 100% modal, polyester viscose blend, and polyester modal blend. The Company's business segment consists of a single segment of Commodity Trading. The company derives a majority of its revenue from the Commodity trading segment. Geographically, it derives the majority of its revenue from India..

Surat Trade & Mercantile (BOM:530185) Headlines

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