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Signature Eyewear (Signature Eyewear) Net Cash per Share : $-1.12 (As of Apr. 2011)


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What is Signature Eyewear 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). Signature Eyewear's Net Cash per Share for the quarter that ended in Apr. 2011 was $-1.12.

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

SEYE's Price-to-Net-Cash is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: 7.03
* Ranked among companies with meaningful Price-to-Net-Cash only.

Signature Eyewear Net Cash per Share Historical Data

The historical data trend for Signature Eyewear'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.

Signature Eyewear Net Cash per Share Chart

Signature Eyewear Annual Data
Trend Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.85 -1.66 -1.65 -1.27 -1.18

Signature Eyewear Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11
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 -1.15 -1.15 -1.18 -1.21 -1.12

Competitive Comparison of Signature Eyewear's Net Cash per Share

For the Medical Instruments & Supplies subindustry, Signature Eyewear'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.


Signature Eyewear's Price-to-Net-Cash Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Signature Eyewear's Price-to-Net-Cash distribution charts can be found below:

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



Signature Eyewear 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.

Signature Eyewear's Net Cash per Share for the fiscal year that ended in Oct. 2010 is calculated as

Net Cash per Share (A: Oct. 2010 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.43-8.672-0)/6.95564
=-1.18

Signature Eyewear's Net Cash per Share for the quarter that ended in Apr. 2011 is calculated as

Net Cash per Share (Q: Apr. 2011 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.407-8.216-0)/6.95564
=-1.12

* 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.


Signature Eyewear  (OTCPK:SEYE) 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.


Signature Eyewear Net Cash per Share Related Terms

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Signature Eyewear (Signature Eyewear) Business Description

Traded in Other Exchanges
N/A
Address
317 Isis Avenue 207, Inglewood, CA, USA, 90301
Signature Eyewear Inc designs, markets and distributes prescription eyeglass frames and sunwear under brand name licenses. Through its partnerships with Bobby Jones, Carmen Marc Valvo, Cutter & Buck, Dakota Smith, Hart Schaffner Marx, Hickey Freeman Laura Ashley, Laura Ashley Girls, Michael Stars, and Rough Justice, and the company brings quality products and distinct designs to the optical marketplace.

Signature Eyewear (Signature Eyewear) Headlines

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