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goeasy (goeasy) Net Cash per Share : $-134.04 (As of Dec. 2023)


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What is goeasy 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). goeasy's Net Cash per Share for the quarter that ended in Dec. 2023 was $-134.04.

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

EHMEF's Price-to-Net-Cash is not ranked *
in the Credit Services industry.
Industry Median: 9.11
* Ranked among companies with meaningful Price-to-Net-Cash only.

goeasy Net Cash per Share Historical Data

The historical data trend for goeasy'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.

goeasy Net Cash per Share Chart

goeasy Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.36 -52.51 -83.11 -107.46 -134.04

goeasy 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 -107.46 -112.73 -121.18 -128.24 -134.04

Competitive Comparison of goeasy's Net Cash per Share

For the Credit Services subindustry, goeasy'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.


goeasy's Price-to-Net-Cash Distribution in the Credit Services Industry

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

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



goeasy 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.

goeasy's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(89.726-2318.195-0)/16.625
=-134.04

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

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(89.726-2318.195-0)/16.625
=-134.04

* 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.


goeasy  (OTCPK:EHMEF) 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.


goeasy Net Cash per Share Related Terms

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goeasy (goeasy) Business Description

Traded in Other Exchanges
Address
33 City Centre Drive, Suite 510, Mississauga, ON, CAN, L5B 2N5
goeasy Ltd provides financial services company. The principal operating activities of the Company include: providing loans and other financial services to consumers and leasing household products to consumers. Customers can transact seamlessly through an omnichannel model that includes online and mobile platforms. The Company operates in two reportable segments: easyfinancial and easyhome. The easyfinancial reportable segment lends out capital in the form of unsecured and secured consumer loans to nonprime borrowers. easyfinancial's product offering consists of unsecured and real estate-secured installment loans. The key revenue of the company is generated from easyfinancial.

goeasy (goeasy) Headlines

From GuruFocus

goeasy Ltd. Announces Closing of C$46 Million Common Share Offering

By GlobeNewswire GlobeNewswire 10-10-2018

goeasy Ltd. Closes US$550 Million Offering of Senior Unsecured Notes

By GlobeNewswire GlobeNewswire 11-27-2019

goeasy Ltd. Announces New $200 Million Securitization Facility

By GlobeNewswire GlobeNewswire 12-10-2020

goeasy Ltd. Provides Shareholder Update

By GlobeNewswire GlobeNewswire 12-11-2018

goeasy Ltd. Announces Election of Directors

By GlobeNewswire GlobeNewswire 05-13-2021

goeasy Ltd. Announces Renewal of Normal Course Issuer Bid

By GlobeNewswire GlobeNewswire 12-16-2020

goeasy Ltd. Completes Acquisition of LendCare

By GlobeNewswire GlobeNewswire 04-30-2021