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Vitreous Glass (Vitreous Glass) Net Cash per Share : $0.09 (As of Mar. 2024)


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What is Vitreous Glass 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). Vitreous Glass's Net Cash per Share for the quarter that ended in Mar. 2024 was $0.09.

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

VCIGF' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 19.25   Med: 47.5   Max: 385
Current: 42.86

During the past 13 years, the highest Price-to-Net-Cash Ratio of Vitreous Glass was 385.00. The lowest was 19.25. And the median was 47.50.

VCIGF's Price-to-Net-Cash is ranked worse than
81.25% of 32 companies
in the Waste Management industry
Industry Median: 9.385 vs VCIGF: 42.86

Vitreous Glass Net Cash per Share Historical Data

The historical data trend for Vitreous Glass'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.

Vitreous Glass Net Cash per Share Chart

Vitreous Glass Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 0.03 0.18 0.06 0.12

Vitreous Glass Quarterly Data
Jun19 Sep19 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 Premium Member Only 0.11 0.09 0.12 0.09 0.09

Competitive Comparison of Vitreous Glass's Net Cash per Share

For the Waste Management subindustry, Vitreous Glass'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.


Vitreous Glass's Price-to-Net-Cash Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Vitreous Glass's Price-to-Net-Cash distribution charts can be found below:

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



Vitreous Glass 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.

Vitreous Glass's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.674-0.93-0)/6.31004
=0.12

Vitreous Glass'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)
=(1.327-0.734-0)/6.33609
=0.09

* 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.


Vitreous Glass  (OTCPK:VCIGF) 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.


Vitreous Glass Net Cash per Share Related Terms

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Vitreous Glass (Vitreous Glass) Business Description

Traded in Other Exchanges
Address
212 East Lake Boulevard, Airdrie, AB, CAN, T4A 0H5
Vitreous Glass Inc cleans, crushes, and sells waste glass to the fiberglass manufacturing industry. The company also removes the contaminates and crushes the glass to sand and then this sand is sold to fiberglass insulation manufacturers as furnace ready cullet for use in their production facilities. Its sole source of revenue is generated by providing crushed glass to its customers.

Vitreous Glass (Vitreous Glass) Headlines

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