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Emirates Insurance Co PSC (ADX:EIC) Net Cash per Share : د.إ-1.69 (As of Sep. 2023)


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What is Emirates Insurance Co PSC Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Emirates Insurance Co PSC's Net Cash per Share for the quarter that ended in Sep. 2023 was د.إ-1.69.

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

ADX:EIC's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.53
* Ranked among companies with meaningful Price-to-Net-Cash only.

Emirates Insurance Co PSC Net Cash per Share Historical Data

The historical data trend for Emirates Insurance Co PSC'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.

Emirates Insurance Co PSC Net Cash per Share Chart

Emirates Insurance Co PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.75 -5.55 -8.05 -5.42 -4.98

Emirates Insurance Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -6.45 -4.98 -1.28 -1.01 -1.69

Competitive Comparison of Emirates Insurance Co PSC's Net Cash per Share

For the Insurance - Diversified subindustry, Emirates Insurance Co PSC'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.


Emirates Insurance Co PSC's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Emirates Insurance Co PSC's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Emirates Insurance Co PSC's Price-to-Net-Cash falls into.



Emirates Insurance Co PSC 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.

Emirates Insurance Co PSC's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(127.748+763.372-1637.561-0)/150
=-4.98

Emirates Insurance Co PSC's Net Cash per Share for the quarter that ended in Sep. 2023 is calculated as

Net Cash per Share (Q: Sep. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(65.716+774.205-1092.786-0)/150
=-1.69

* 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.


Emirates Insurance Co PSC  (ADX:EIC) 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.


Emirates Insurance Co PSC Net Cash per Share Related Terms

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Emirates Insurance Co PSC (ADX:EIC) Business Description

Traded in Other Exchanges
N/A
Address
Emirates Insurance Co Building, Al Zahiya (Tourist Club Area), P.O.Box 3856, Abu Dhabi, ARE
Emirates Insurance Co PSC is an insurance company operating through two segments namely Underwriting of General Insurance Business and Investments. The Underwriting of general insurance business - incorporating all classes of general insurance such as fire, marine, motor, general accident, and miscellaneous. The Investments segments include activities of investments in marketable equity securities and investment funds, bonds, term deposits with banks and investment properties, and other securities. The firm derives a majority of its revenue from the commission, dividend, and interest income.