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Forafric Global (Forafric Global) Net Cash per Share : $-10.76 (As of Jun. 2023)


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What is Forafric Global 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). Forafric Global's Net Cash per Share for the quarter that ended in Jun. 2023 was $-10.76.

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

AFRI's Price-to-Net-Cash is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 9.28
* Ranked among companies with meaningful Price-to-Net-Cash only.

Forafric Global Net Cash per Share Historical Data

The historical data trend for Forafric Global'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.

Forafric Global Net Cash per Share Chart

Forafric Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Net Cash per Share
- -6.54 -9.27 -9.09

Forafric Global Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Net Cash per Share Get a 7-Day Free Trial - -9.27 -10.05 -9.09 -10.76

Competitive Comparison of Forafric Global's Net Cash per Share

For the Farm Products subindustry, Forafric Global'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.


Forafric Global's Price-to-Net-Cash Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Price-to-Net-Cash distribution charts can be found below:

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



Forafric Global 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.

Forafric Global's Net Cash per Share for the fiscal year that ended in Dec. 2022 is calculated as

Net Cash per Share (A: Dec. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(24.827-262.209-6.902)/26.8791
=-9.09

Forafric Global'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)
=(25.155-307.273-7.215)/26.8792
=-10.76

* 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.


Forafric Global  (NAS:AFRI) 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.


Forafric Global Net Cash per Share Related Terms

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Forafric Global (Forafric Global) Business Description

Traded in Other Exchanges
N/A
Address
Mustapha Jamaleddine, Unit 5.3, Madison Building, Midtown, Queensway, GIB, GX11 1AA
Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.
Executives
Paul Packer director, 10 percent owner, officer: CEO; CFO; Secretary C/O GLOBIS CAPITAL PARTNERS LP, 60 BROAD ST, NEW YORK NY 10004
Michael Ferguson director 525 EXECUTIVE BOULEVARD, ELMSFORD NY 10523
John M Horne director P.O. BOX 547, JOHNSON AR 72741
Claude Benitah director NITSANA, 9, TEL-AVIV-YAFO L3 6811709
Globis Spac Llc 10 percent owner 805 3RD AVENUE, 15TH FLOOR, NEW YORK NY 10022

Forafric Global (Forafric Global) Headlines