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Opal Luxury Time Products (NSE:OPAL) Net Cash per Share : ₹-65.79 (As of Sep. 2019)


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What is Opal Luxury Time Products 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). Opal Luxury Time Products's Net Cash per Share for the quarter that ended in Sep. 2019 was ₹-65.79.

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

NSE:OPAL's Price-to-Net-Cash is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 6.645
* Ranked among companies with meaningful Price-to-Net-Cash only.

Opal Luxury Time Products Net Cash per Share Historical Data

The historical data trend for Opal Luxury Time Products'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.

Opal Luxury Time Products Net Cash per Share Chart

Opal Luxury Time Products Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Net Cash per Share
Get a 7-Day Free Trial -33.47 -35.73 -33.65 -63.00 -61.04

Opal Luxury Time Products Semi-Annual Data
Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -33.65 -63.00 -61.04 - -65.79

Competitive Comparison of Opal Luxury Time Products's Net Cash per Share

For the Furnishings, Fixtures & Appliances subindustry, Opal Luxury Time Products'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.


Opal Luxury Time Products's Price-to-Net-Cash Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Opal Luxury Time Products's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Opal Luxury Time Products's Price-to-Net-Cash falls into.



Opal Luxury Time Products 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.

Opal Luxury Time Products's Net Cash per Share for the fiscal year that ended in Mar. 2018 is calculated as

Net Cash per Share (A: Mar. 2018 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.423-205.433-0)/3.35882
=-61.04

Opal Luxury Time Products's Net Cash per Share for the quarter that ended in Sep. 2019 is calculated as

Net Cash per Share (Q: Sep. 2019 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.167-221.131-0)/3.35882
=-65.79

* 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.


Opal Luxury Time Products  (NSE:OPAL) 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.


Opal Luxury Time Products Net Cash per Share Related Terms

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Opal Luxury Time Products (NSE:OPAL) Business Description

Traded in Other Exchanges
N/A
Address
Senapati Bapat Road, Shree Ganesh, Plot No. 31, 1st Floor, Shivaji Housing Society, Behind ICC Tower, Pune, MH, IND, 411016
Opal Luxury Time Products Ltd is engaged in manufacturing and marketing of home decor products and designs, manufactures, assembles, markets and primarily in India and offers watches, wall and table clocks, and allied products and accessories. The firm markets its products through a network of distributors, dealers, home décor stores, furniture stores, crockery dealers, and organized retailers under the Opal brand. The company operates 333 counters and 11 online shopping portals in India. The firm offers a diverse product mix which varies with the following parameters: - Price Range, Mould-component-make (wood, metal, acrylic, glass, etc.) and Styles (statue, table, digital, and contemporary). It also offers its products through opalclocks.com, an online shopping portal.