GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Converge Information And Communications Technology Solutions Inc (PHS:CNVRG) » Definitions » Net Cash per Share

Converge Information And Communications Technology Solutions (PHS:CNVRG) Net Cash per Share : ₱-5.51 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Converge Information And Communications Technology Solutions 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). Converge Information And Communications Technology Solutions's Net Cash per Share for the quarter that ended in Mar. 2024 was ₱-5.51.

The historical rank and industry rank for Converge Information And Communications Technology Solutions's Net Cash per Share or its related term are showing as below:

PHS:CNVRG's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 10
* Ranked among companies with meaningful Price-to-Net-Cash only.

Converge Information And Communications Technology Solutions Net Cash per Share Historical Data

The historical data trend for Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Net Cash per Share Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial -1.70 -2.12 -5.14 -7.12 -5.81

Converge Information And Communications Technology Solutions Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.12 -7.01 -6.51 -5.81 -5.51

Competitive Comparison of Converge Information And Communications Technology Solutions's Net Cash per Share

For the Telecom Services subindustry, Converge Information And Communications Technology Solutions'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.


Converge Information And Communications Technology Solutions's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Converge Information And Communications Technology Solutions's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Converge Information And Communications Technology Solutions's Price-to-Net-Cash falls into.



Converge Information And Communications Technology Solutions 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.

Converge Information And Communications Technology Solutions'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)
=(13694.146-55899.337-0.313)/7266.57
=-5.81

Converge Information And Communications Technology Solutions's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(14064.105-54135.491-0.313)/7266.57
=-5.51

* 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.


Converge Information And Communications Technology Solutions  (PHS:CNVRG) 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.


Converge Information And Communications Technology Solutions Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Converge Information And Communications Technology Solutions's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Converge Information And Communications Technology Solutions (PHS:CNVRG) Business Description

Traded in Other Exchanges
N/A
Address
Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc are engaged in the business of providing Information and communication services and solutions. It provides high-speed fiber optic internet services and other digital consumer-centric services. It operates in two businesses namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business.

Converge Information And Communications Technology Solutions (PHS:CNVRG) Headlines

No Headlines