GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Solidion Technology Inc (NAS:STI) » Definitions » Net Cash per Share

Solidion Technology (Solidion Technology) Net Cash per Share : $-1.22 (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Solidion Technology 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). Solidion Technology's Net Cash per Share for the quarter that ended in Dec. 2023 was $-1.22.

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

STI's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.195
* Ranked among companies with meaningful Price-to-Net-Cash only.

Solidion Technology Net Cash per Share Historical Data

The historical data trend for Solidion Technology'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.

Solidion Technology Net Cash per Share Chart

Solidion Technology Annual Data
Trend Dec21 Dec22 Dec23
Net Cash per Share
- -1.80 -1.22

Solidion Technology Semi-Annual Data
Dec21 Dec22 Dec23
Net Cash per Share - -1.80 -1.22

Competitive Comparison of Solidion Technology's Net Cash per Share

For the Electrical Equipment & Parts subindustry, Solidion Technology'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.


Solidion Technology's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Solidion Technology's Price-to-Net-Cash distribution charts can be found below:

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



Solidion Technology 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.

Solidion Technology'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)
=(0.02-99.879-0)/81.8581
=-1.22

Solidion Technology'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)
=(0.02-99.879-0)/81.8581
=-1.22

* 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.


Solidion Technology  (NAS:STI) 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.


Solidion Technology Net Cash per Share Related Terms

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


Solidion Technology (Solidion Technology) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1240 McCook Avenue, Dayton, OH, USA, 45404
Website
Solidion Technology Inc is engaged in researching, developing and manufacturing battery materials and and components, as well as development and production of next-generation batteries for energy storage systems and electric vehicles for ground, air, and sea transportation. It is recognized as a global IP leader in both the high-capacity anode and the high-energy solid-state battery.

Solidion Technology (Solidion Technology) Headlines