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Itonis (Itonis) Net Cash per Share : $-0.01 (As of Feb. 2008)


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What is Itonis 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). Itonis's Net Cash per Share for the quarter that ended in Feb. 2008 was $-0.01.

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

ITNS's Price-to-Net-Cash is not ranked *
in the Medical Distribution industry.
Industry Median: 6.63
* Ranked among companies with meaningful Price-to-Net-Cash only.

Itonis Net Cash per Share Historical Data

The historical data trend for Itonis'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.

Itonis Net Cash per Share Chart

Itonis Annual Data
Trend Nov05 Nov06 Nov07
Net Cash per Share
0.01 -0.01 -0.02

Itonis Quarterly Data
Nov05 Feb06 May06 Aug06 Nov06 Feb07 May07 Aug07 Nov07 Feb08
Net Cash per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.02 -0.01

Competitive Comparison of Itonis's Net Cash per Share

For the Medical Distribution subindustry, Itonis'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.


Itonis's Price-to-Net-Cash Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Itonis's Price-to-Net-Cash distribution charts can be found below:

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



Itonis 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.

Itonis's Net Cash per Share for the fiscal year that ended in Nov. 2007 is calculated as

Net Cash per Share (A: Nov. 2007 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.004-1.106-0)/72.9619
=-0.02

Itonis's Net Cash per Share for the quarter that ended in Feb. 2008 is calculated as

Net Cash per Share (Q: Feb. 2008 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.132-1.177-0)/124.93
=-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.


Itonis  (OTCPK:ITNS) 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.


Itonis Net Cash per Share Related Terms

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Itonis (Itonis) Business Description

Traded in Other Exchanges
N/A
Address
22600-C Lambert Street, Suite 902, Lake Forest, CA, USA, 92630
Itonis Inc is a development-stage company. It operates as a holding company, which engages in the development and distribution of products to the medical and pharmaceutical industry. It is presently focused on marketing its Emesyl homeopathic anti-nausea product for retail sale. It produces and markets over-the-counter and prescription homeopathic preparations to treat both common ailments and chronic diseases.

Itonis (Itonis) Headlines