GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Breeze-Eastern Corp (AMEX:BZC) » Definitions » Net Cash per Share

Breeze-Eastern (Breeze-Eastern) Net Cash per Share : $-0.26 (As of Sep. 2015)


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

What is Breeze-Eastern 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). Breeze-Eastern's Net Cash per Share for the quarter that ended in Sep. 2015 was $-0.26.

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

BZC's Price-to-Net-Cash is not ranked *
in the Aerospace & Defense industry.
Industry Median: 9.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Breeze-Eastern Net Cash per Share Historical Data

The historical data trend for Breeze-Eastern'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.

Breeze-Eastern Net Cash per Share Chart

Breeze-Eastern Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.07 -3.06 -2.48 -2.40 -0.72

Breeze-Eastern Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -1.45 -1.20 -0.72 -0.29 -0.26

Competitive Comparison of Breeze-Eastern's Net Cash per Share

For the Aerospace & Defense subindustry, Breeze-Eastern'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.


Breeze-Eastern's Price-to-Net-Cash Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Breeze-Eastern's Price-to-Net-Cash distribution charts can be found below:

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



Breeze-Eastern 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.

Breeze-Eastern's Net Cash per Share for the fiscal year that ended in Mar. 2015 is calculated as

Net Cash per Share (A: Mar. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(22.806-29.863-0)/9.8149
=-0.72

Breeze-Eastern's Net Cash per Share for the quarter that ended in Sep. 2015 is calculated as

Net Cash per Share (Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(23.809-26.367-0)/9.91424
=-0.26

* 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.


Breeze-Eastern  (AMEX:BZC) 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.


Breeze-Eastern Net Cash per Share Related Terms

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


Breeze-Eastern (Breeze-Eastern) Business Description

Traded in Other Exchanges
N/A
Address
Breeze-Eastern Corp a Delaware corporation was organized in 1962. The Company designs, develops, manufactures, sells and services sophisticated engineered mission equipment for specialty aerospace and defense applications. Its core business is aerospace and defense products. The Company develops helicopter hoist and winch systems, including systems for the current generation of Sikorsky H-60 Blackhawk and Naval Hawk, Bell-Boeing V-22 Osprey, Boeing CH-47 Chinook, Dolphin, Changhe Z-11, Agusta Westland A-W109, AW119 and AW139 helicopter. It also designs, markets, sells and services a line of hydraulic and electric aircraft cargo winch system. Its external cargo hook systems are original equipment on military medium and heavy lift helicopters. Its latest designs incorporate load sensing and display technology and automatic load release features. It also manufactures cargo and aircraft tie-downs which are included in this product line. It makes static-line retrieval and cargo winches for military cargo aircraft including the Boeing C-17, Alenia C-27J and CASA CN-235 and CASA C-295. Its weapons handling systems include weapons handling equipment for land-based rocket launchers and munitions hoists for loading missiles and other loads using electric power or exchangeable battery packs. It supplies this equipment for the United States, Japanese and European Multiple-Launch Rocket Systems (MLRS) and the United States High Mobility Artillery Rocket System (HIMARS). It performs overhaul, repair and maintenance services for all of its products. These services are performed at its Whippany, New Jersey facility. It also has licensed third-party vendors to perform these services.
Executives
Wynnefield Partners Small Cap Value Lp 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Nelson Obus 10 percent owner
Wynnefield Capital Management Llc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Partners Small Cap Value Lp I 10 percent owner 450 SEVENTH AVENUE, SUITE 509, NEW YORK NY 10123
Joshua Landes 10 percent owner
Wynnefield Capital Inc 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Wynnefield Small Cap Value Offshore Fund Ltd 10 percent owner 450 SEVENTH AVE, STE 509, NEW YORK NY 10123
Frederick Gerald Wasserman director 4 NOBADEER DRIVE, PENNINGTON NJ 08534
Russell M Sarachek director 4718 FOXHALL CRESCENTS NW, WASHINGTON DC 20007
William H Alderman director C/O AVIATION SALES CO, 6905 N.W. 25TH ST, MIAMI FL 33122
Channel Partnership Ii L P 10 percent owner 450 SEVENTH AVENUE SUITE 509, NEW YORK NY 10123
Jay R Harris director
Gail Lieberman director 175 EAST 79TH STREET, APT. 4D, NEW YORK NY 10075
Joseph S Bracewell director WASHINGTONFIRST BANKSHARES, INC., 11921 FREEDOM DRIVE, SUITE 250, RESTON VA 20190
John H Dalton director 50 OLD WEBSTER ROAD, OXFORD MA 01540

Breeze-Eastern (Breeze-Eastern) Headlines