GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Miza III Ventures Inc (TSXV:MIZA.P) » Definitions » Net Cash per Share

Miza III Ventures (TSXV:MIZA.P) Net Cash per Share : C$0.07 (As of Jan. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Miza III Ventures 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). Miza III Ventures's Net Cash per Share for the quarter that ended in Jan. 2024 was C$0.07.

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

TSXV:MIZA.P' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 2   Med: 2.14   Max: 2.79
Current: 2.14

During the past 4 years, the highest Price-to-Net-Cash Ratio of Miza III Ventures was 2.79. The lowest was 2.00. And the median was 2.14.

TSXV:MIZA.P's Price-to-Net-Cash is ranked worse than
60% of 205 companies
in the Diversified Financial Services industry
Industry Median: 1.67 vs TSXV:MIZA.P: 2.14

Miza III Ventures Net Cash per Share Historical Data

The historical data trend for Miza III Ventures'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.

Miza III Ventures Net Cash per Share Chart

Miza III Ventures Annual Data
Trend Jan21 Jan22 Jan23 Jan24
Net Cash per Share
0.03 0.07 0.07 0.07

Miza III Ventures Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of Miza III Ventures's Net Cash per Share

For the Shell Companies subindustry, Miza III Ventures'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.


Miza III Ventures's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Miza III Ventures's Price-to-Net-Cash distribution charts can be found below:

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



Miza III Ventures 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.

Miza III Ventures's Net Cash per Share for the fiscal year that ended in Jan. 2024 is calculated as

Net Cash per Share (A: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.22-0.041-0)/18.1
=0.07

Miza III Ventures's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.22-0.041-0)/18.1
=0.07

* 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.


Miza III Ventures  (TSXV:MIZA.P) 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.


Miza III Ventures Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Miza III Ventures's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Miza III Ventures (TSXV:MIZA.P) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1510, Vancouver, BC, CAN, V6C 1H2
Website
Miza III Ventures Inc is engaged in the identification and evaluation of assets or businesses with a view to completing a Qualifying Transaction.

Miza III Ventures (TSXV:MIZA.P) Headlines

No Headlines