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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Net Cash per Share : $-4.24 (As of Sep. 2015)


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What is Global-Tech Advanced Innovations 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). Global-Tech Advanced Innovations's Net Cash per Share for the quarter that ended in Sep. 2015 was $-4.24.

The historical rank and industry rank for Global-Tech Advanced Innovations's Net Cash per Share or its related term are showing as below:

GAI's Price-to-Net-Cash is not ranked *
in the Semiconductors industry.
Industry Median: 9.955
* Ranked among companies with meaningful Price-to-Net-Cash only.

Global-Tech Advanced Innovations Net Cash per Share Historical Data

The historical data trend for Global-Tech Advanced Innovations'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.

Global-Tech Advanced Innovations Net Cash per Share Chart

Global-Tech Advanced Innovations 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 -7.50 4.03 0.23 -3.16 -6.81

Global-Tech Advanced Innovations Semi-Annual Data
Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Mar09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 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 3.26 -3.16 -1.53 -6.81 -4.24

Competitive Comparison of Global-Tech Advanced Innovations's Net Cash per Share

For the Semiconductor Equipment & Materials subindustry, Global-Tech Advanced Innovations'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.


Global-Tech Advanced Innovations's Price-to-Net-Cash Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Global-Tech Advanced Innovations's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Global-Tech Advanced Innovations's Price-to-Net-Cash falls into.



Global-Tech Advanced Innovations 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.

Global-Tech Advanced Innovations'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)
=(14.502-35.672--0.44)/3.04423
=-6.81

Global-Tech Advanced Innovations'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)
=(28.669-42.047--0.466)/3.04423
=-4.24

* 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.


Global-Tech Advanced Innovations  (NAS:GAI) 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.


Global-Tech Advanced Innovations Net Cash per Share Related Terms

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Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Business Description

Traded in Other Exchanges
N/A
Address
Global-Tech Advanced Innovations Inc was organized as an international business company under the laws of the British Virgin Islands on May 2, 1991 and became a publicly traded entity on April 7, 1998. The Company was an exporter of small electrical appliances to North American and European markets. The Company produces complementary metal oxide semiconductor camera modules for sale to cellular phone manufacturers. The Company also comprises immaterial product lines and development programs. It continues to acquire new technologies in an effort to expand its capabilities in manufacturing finished products and components. Its patents are registered in various jurisdictions, including the United States, the United Kingdom, China and France. It competes with established companies in Hong Kong and China, a number of which have substantially greater technical, financial and marketing resources. Competition for contract manufacturing products is based on unit price, product quality and availability and service. Its operations and assets in China are subject to significant political, economic, legal and other uncertainties.

Global-Tech Advanced Innovations (Global-Tech Advanced Innovations) Headlines

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