GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » ITEX Corp (OTCPK:ITEX) » Definitions » Net Cash per Share

ITEX (ITEX) Net Cash per Share : $3.46 (As of Jul. 2023)


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

What is ITEX 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). ITEX's Net Cash per Share for the quarter that ended in Jul. 2023 was $3.46.

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

ITEX' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.26   Med: 3.98   Max: 8.33
Current: 1.3

During the past 13 years, the highest Price-to-Net-Cash Ratio of ITEX was 8.33. The lowest was 1.26. And the median was 3.98.

ITEX's Price-to-Net-Cash is ranked better than
85.15% of 202 companies
in the Capital Markets industry
Industry Median: 7.025 vs ITEX: 1.30

ITEX Net Cash per Share Historical Data

The historical data trend for ITEX'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.

ITEX Net Cash per Share Chart

ITEX Annual Data
Trend Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.36 0.98 3.06 3.46

ITEX Semi-Annual Data
Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Jul07 Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul22 Jul23
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 0.86 0.36 0.98 3.06 3.46

Competitive Comparison of ITEX's Net Cash per Share

For the Capital Markets subindustry, ITEX'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.


ITEX's Price-to-Net-Cash Distribution in the Capital Markets Industry

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

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



ITEX 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.

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

Net Cash per Share (A: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.769-0.99-0)/1.66929
=3.46

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

Net Cash per Share (Q: Jul. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(6.769-0.99-0)/1.66929
=3.46

* 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.


ITEX  (OTCPK:ITEX) 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.


ITEX Net Cash per Share Related Terms

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


ITEX (ITEX) Business Description

Traded in Other Exchanges
N/A
Address
13555 South East 36th Street, Suite 210, Bellevue, WA, USA, 98006
ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. They generate revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.
Executives
Lion Fund, L.p. 10 percent owner 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Capital Corp. 10 percent owner, other: See Explanation of Responses 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Kevin H Callan director 3326 160TH AVE. SE, STE. 100, BELLEVUE WA 98008
Timothy R Morones director 3326 160TH AVE SE STE 100, BELLEVUE WA 98008
Sardar Biglari, 10 percent owner, other: See Explanation of Responses C/O BIGLARI HOLDINGS INC., 19100 RIDGEWOOD PKWY, SUITE 1200, SAN ANTONIO TX 78259
Biglari Holdings Inc. 10 percent owner, other: See Explanation of Responses 17802 IH 10 WEST, SUITE 400, SAN ANTONIO TX 78257
Western Sizzlin Corp 10 percent owner, other: See Explanation of Responses 317 KIMBALL AVENUE NW, ROANOKE VA 24016
G. Andrew Cooke 10 percent owner 3110 9TH ROAD N. APT. B, ARLINGTON VA 22201
David Polonitza 10 percent owner 54B SANDRA CIRCLE, APT B1, WESTFIELD NJ 07090
Pagidipati Family Limited Partnership 10 percent owner 2955 SE 3RD COURT, OCALA FL 34471
Corner Market Capital Corp 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Sanjeev Parsad 10 percent owner 21-355 DUTHIE AVENUE, BURNABY A1 V5A-2P3
Alnesh Mohan 10 percent owner 702-583 BEACH CRESCENT, VANCOUVER A1 V6Z-3E6
Corner Market Capital U.s., Inc. 10 percent owner BOX 36, #1620 - 1140 WEST PENDER STREET, VANCOUVER A1 V6E-4G1
Mpic Fund I Lp 10 percent owner 1199 WEST PENDER STREET, SUITE 680, VANCOUVER A1 V6E 2R1

ITEX (ITEX) Headlines

From GuruFocus

ITEX Corporation Major Shareholder Interview

By guruek Saj Karsan 04-15-2010

ITEX Corp: Undervalued?

By Mark Yu Mark Yu 07-20-2016