GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clairvest Group Inc (OTCPK:CVTGF) » Definitions » Net Cash per Share

Clairvest Group (Clairvest Group) Net Cash per Share : $-1.05 (As of Dec. 2023)


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

What is Clairvest Group Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Clairvest Group's Net Cash per Share for the quarter that ended in Dec. 2023 was $-1.05.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Clairvest Group was 207.62. The lowest was 3.83. And the median was 11.78.

CVTGF's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.8
* Ranked among companies with meaningful Price-to-Net-Cash only.

Clairvest Group Net Cash per Share Historical Data

The historical data trend for Clairvest Group'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.

Clairvest Group Net Cash per Share Chart

Clairvest Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.73 7.86 3.15 2.33 0.29

Clairvest Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.65 0.29 -4.13 -0.07 -1.05

Competitive Comparison of Clairvest Group's Net Cash per Share

For the Asset Management subindustry, Clairvest Group'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.


Clairvest Group's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clairvest Group's Price-to-Net-Cash distribution charts can be found below:

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



Clairvest Group 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.

Clairvest Group's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(159.227+0-154.881-0)/15.024
=0.29

Clairvest Group's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(107.361+0-122.791-0)/14.6747
=-1.05

* 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.


Clairvest Group  (OTCPK:CVTGF) 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.


Clairvest Group Net Cash per Share Related Terms

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


Clairvest Group (Clairvest Group) Business Description

Traded in Other Exchanges
Address
22 St. Clair Avenue East, Suite 1700, Toronto, ON, CAN, M4T 2S3
Clairvest Group Inc is a Canadian private equity investment firm. The company invests in and partners with the management teams of business that have the potential to create average returns in their respective industries. Clairvest contributes financing and strategic expertise to support the growth and development of its investee companies in order to create realizable value for all shareholders. It invests its own capital into entrepreneurial corporations.

Clairvest Group (Clairvest Group) Headlines

From GuruFocus

Clairvest Reports Fiscal 2020 Third Quarter Results

By GlobeNewswire GlobeNewswire 02-11-2020

Clairvest Update on Accel Entertainment

By GlobeNewswire GlobeNewswire 06-13-2019

Clairvest Update on DMS SPAC Transaction

By GlobeNewswire GlobeNewswire 07-15-2020

Clairvest Reports Fiscal 2020 First Quarter Results

By GlobeNewswire GlobeNewswire 08-12-2019

Clairvest Reports Fiscal 2023 Third Quarter Results

By GlobeNewswire GlobeNewswire 02-13-2023

Clairvest Reports Fiscal 2020 Fourth Quarter and Year End Results

By GlobeNewswire GlobeNewswire 06-24-2020

Clairvest Reports Fiscal 2022 Second Quarter Results

By GlobeNewswire GlobeNewswire 11-11-2021