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Athena Consumer Acquisition (Athena Consumer Acquisition) Net Cash per Share : $-0.45 (As of Jun. 2023)


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What is Athena Consumer Acquisition 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). Athena Consumer Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 was $-0.45.

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

ACAQ.U's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Athena Consumer Acquisition Net Cash per Share Historical Data

The historical data trend for Athena Consumer Acquisition'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.

Athena Consumer Acquisition Net Cash per Share Chart

Athena Consumer Acquisition Annual Data
Trend Dec21 Dec22
Net Cash per Share
- -

Athena Consumer Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.30 -0.39 -0.46 -0.45 -0.45

Competitive Comparison of Athena Consumer Acquisition's Net Cash per Share

For the Shell Companies subindustry, Athena Consumer Acquisition'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.


Athena Consumer Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Athena Consumer Acquisition's Price-to-Net-Cash distribution charts can be found below:

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



Athena Consumer Acquisition 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.

Athena Consumer Acquisition's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Athena Consumer Acquisition's Net Cash per Share for the quarter that ended in Jun. 2023 is calculated as

Net Cash per Share (Q: Jun. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.009-14.095-0)/31.050
=-0.45

* 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.


Athena Consumer Acquisition  (AMEX:ACAQ.U) 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.


Athena Consumer Acquisition Net Cash per Share Related Terms

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Athena Consumer Acquisition (Athena Consumer Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
442 5th Avenue, New York, NY, USA, 10018
Athena Consumer Acquisition Corp is a blank check company.
Executives
Sarah M Kauss director 611 BAINBRIDGE STREET, SUITE 100, RICHMOND VA 23224
Jennifer Carr-smith officer: COO and President 28 LIBERTY STREET, NEW YORK NY 10005
Dee M Robinson director 140 TOWER DRIVE, BURR RIDGE IL 60527
Kay Koplovitz director KOPLOVITZ & CO. LLC, 145 CENTRAL PARK WEST, APT 24C, NEW YORK NY 10023
Isabelle D. Freidheim director, 10 percent owner 125 TOWNPARK DRIVE, SUITE 300, KENNESAW GA 30144
Athena Consumer Acquisition Sponsor Llc 10 percent owner 442 5TH AVENUE, NEW YORK NY 10018
Angelina Smith officer: Chief Financial Officer C/O ATHENA ACQUISITION CORP., 442 5TH AVE., NEW YORK NY 10018
Jane Hyo-sung Park officer: Chief Executive Officer C/O ATHENA ACQUISITION CORP., 442 5TH AVE., NEW YORK NY 10018

Athena Consumer Acquisition (Athena Consumer Acquisition) Headlines

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