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Cascade Acquisition (Cascade Acquisition) Net Cash per Share : $-0.40 (As of Mar. 2022)


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What is Cascade Acquisition 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). Cascade Acquisition's Net Cash per Share for the quarter that ended in Mar. 2022 was $-0.40.

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

CAS's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.77
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cascade Acquisition Net Cash per Share Historical Data

The historical data trend for Cascade Acquisition'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.

Cascade Acquisition Net Cash per Share Chart

Cascade Acquisition Annual Data
Trend Dec20 Dec21
Net Cash per Share
-1.13 -0.60

Cascade Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Net Cash per Share Get a 7-Day Free Trial -0.82 -0.93 -0.69 -0.60 -0.40

Competitive Comparison of Cascade Acquisition's Net Cash per Share

For the Shell Companies subindustry, Cascade Acquisition'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.


Cascade Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

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



Cascade Acquisition 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.

Cascade Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2021 is calculated as

Net Cash per Share (A: Dec. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.379-17.755-0)/28.75
=-0.60

Cascade Acquisition's Net Cash per Share for the quarter that ended in Mar. 2022 is calculated as

Net Cash per Share (Q: Mar. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.161-11.794-0)/28.75
=-0.40

* 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.


Cascade Acquisition  (NYSE:CAS) 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.


Cascade Acquisition Net Cash per Share Related Terms

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Cascade Acquisition (Cascade Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139
Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Roy A Guthrie director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Clayton Deutsch director TEN POST OFFICE SQUARE, BOSTON MA 02109
Daniel J. Hirsch officer: Chief Operating Officer & CFO 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Jay N. Levine director, 10 percent owner, officer: Chief Executive Officer C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Cascade Acquisition Holdings Llc 10 percent owner 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Gene Weil director, 10 percent owner 1900 SUNSET HARBOUR DR. SUITE 2102, MIAMI BEACH FL 33139
Kevin Ryan director 1900 SUNSET HARBOUR DRIVE SUITE 2102, MIAMI BEACH FL 33139