Tan Delta Systems (FRA:TB4) Net Cash per Share : €0.06 (As of Dec. 2023)

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What is Tan Delta Systems 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). Tan Delta Systems's Net Cash per Share for the quarter that ended in Dec. 2023 was €0.06.

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

FRA:TB4' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2.65 Med: 4.6 Max: 4.6
Current: 2.86

During the past 4 years, the highest Price-to-Net-Cash Ratio of Tan Delta Systems was 4.60. The lowest was 2.65. And the median was 4.60.

FRA:TB4's Price-to-Net-Cash is ranked better than
65.83% of 120 companies
in the Oil & Gas industry
Industry Median: 4.515 vs FRA:TB4: 2.86

Tan Delta Systems Net Cash per Share Historical Data

The historical data trend for Tan Delta Systems'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.

Tan Delta Systems Net Cash per Share Chart

Tan Delta Systems Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Cash per Share

-0.01

0.06

Tan Delta Systems Quarterly Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			-0.01	-	-0.01	-0.01	0.06

Competitive Comparison of Tan Delta Systems's Net Cash per Share

For the Oil & Gas Equipment & Services subindustry, Tan Delta Systems'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.

Tan Delta Systems's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tan Delta Systems's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Tan Delta Systems's Price-to-Net-Cash falls into.

Tan Delta Systems 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.

Tan Delta Systems's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

	Net Cash per Share (A: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.287	-	0.656	-	0)	/	73.2238
=	0.06

Tan Delta Systems's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(5.287	-	0.656	-	0)	/	73.2238
=	0.06

Tan Delta Systems (FRA:TB4) 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.

Tan Delta Systems Net Cash per Share Related Terms

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Tan Delta Systems (FRA:TB4) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tan Delta Systems plc (FRA:TB4) » Definitions » Net Cash per Share

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Traded in Other Exchanges

TAND:UK

Address

Church Lane, 1 Carrera Court, Dinnington, Sheffield, GBR, S25 2RG

Website

https://www.tandeltasystems.com

Tan Delta Systems plc develops advanced real-time oil analysis and analytic technologies and products with unique capabilities that enable equipment operators to significantly reduce operating costs, improve efficiency and reduce carbon footprint. It develops all its core technologies and products in-house, with manufacturing undertaken by its carefully selected manufacturing partners with whom its dedicated production QA department works. The company operates on a global scale with customers ranging from the largest engine manufacturers to small single equipment operators, from North America and Australia to Chile, India, Russia and Finland. Its products include Sensors, Kits, Display solutions, Gateways & modems and Accessories & services.

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