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AS-IP Tech (AS-IP Tech) Net Cash per Share : $-0.01 (As of Mar. 2023)


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What is AS-IP Tech 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). AS-IP Tech's Net Cash per Share for the quarter that ended in Mar. 2023 was $-0.01.

The historical rank and industry rank for AS-IP Tech's Net Cash per Share or its related term are showing as below:

IPTK's Price-to-Net-Cash is not ranked *
in the Hardware industry.
Industry Median: 9.055
* Ranked among companies with meaningful Price-to-Net-Cash only.

AS-IP Tech Net Cash per Share Historical Data

The historical data trend for AS-IP Tech'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.

AS-IP Tech Net Cash per Share Chart

AS-IP Tech Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

AS-IP Tech Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of AS-IP Tech's Net Cash per Share

For the Communication Equipment subindustry, AS-IP Tech'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.


AS-IP Tech's Price-to-Net-Cash Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AS-IP Tech's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where AS-IP Tech's Price-to-Net-Cash falls into.



AS-IP Tech 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.

AS-IP Tech's Net Cash per Share for the fiscal year that ended in Jun. 2022 is calculated as

Net Cash per Share (A: Jun. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.108-2.305-0)/278.698
=-0.01

AS-IP Tech's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.004-2.715-0)/283.253
=-0.01

* 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.


AS-IP Tech  (OTCPK:IPTK) 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.


AS-IP Tech Net Cash per Share Related Terms

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AS-IP Tech (AS-IP Tech) Business Description

Traded in Other Exchanges
N/A
Address
1/15 Castles Drive, Torquay, VIC, AUS, 3228
AS-IP Tech Inc is engaged in creating in-flight connectivity systems that utilize Bluetooth Smart technology as a low-cost alternative to the traditionally expensive Wi-Fi platform. The company's technology consists of two products BizjetMobile and fflya. BizjetMobile provides corporate jets with an alternative global inflight connectivity solution and is marketed under the brand names CHiiMP and BizjetInternet. These are mobile apps that deliver optimized inflight text and email for passengers and crew; and fflya provides airlines with an inflight connectivity approach based on the latest mobile app technology, narrowband satellite links, and BlueTooth technology. The fflya platform reduces the installation, certification and equipment costs by up to 90% compared to inflight broadband.
Executives
Richard Lukso director 5610 VIA ARBOLADA, TUCSON AZ 85750
Philip Andrew Shiels director, officer: Chief Financial Officer 88 ELGIN STREET, HAWTHORN C3 3122
Ronald John Chapman director, 10 percent owner, officer: Chief Executive Officer 160 SILVAN ROAD, WATTLE GLEN C3 3096
Graham Owen Chappell director 5 MARINE PARADE, STE 2, ST KILDA, VICTORIA C3 3182
Van Der Griend Eric Paul 10 percent owner 100 BARKLY STREET, ST. KILDA C3 3182

AS-IP Tech (AS-IP Tech) Headlines

From GuruFocus

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire 07-13-2022

ASIP Tech announces new STC for fflya.

By PRNewswire PRNewswire 05-08-2023

AS-IP Tech, Inc. Makes Aviation History

By PRNewswire PRNewswire 11-30-2021

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire 06-23-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire 06-03-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire 06-13-2022

ASIP Tech selected by Wizz Air for free inflight connectivity

By PRNewswire PRNewswire 07-03-2022