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Looking Glass Labs (AQSE:NFTX) Net Cash per Share : £-0.50 (As of Jan. 2024)


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What is Looking Glass Labs 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). Looking Glass Labs's Net Cash per Share for the quarter that ended in Jan. 2024 was £-0.50.

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

AQSE:NFTX's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 8.355
* Ranked among companies with meaningful Price-to-Net-Cash only.

Looking Glass Labs Net Cash per Share Historical Data

The historical data trend for Looking Glass Labs'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.

Looking Glass Labs Net Cash per Share Chart

Looking Glass Labs Annual Data
Trend Jul20 Jul21 Jul22 Jul23
Net Cash per Share
-0.04 -0.06 -1.53 -1.45

Looking Glass Labs Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -1.74 -1.75 -1.45 -1.25 -0.50

Competitive Comparison of Looking Glass Labs's Net Cash per Share

For the Software - Infrastructure subindustry, Looking Glass Labs'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.


Looking Glass Labs's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Looking Glass Labs's Price-to-Net-Cash distribution charts can be found below:

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



Looking Glass Labs 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.

Looking Glass Labs'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)
=(0.028-2.902-0)/1.98584
=-1.45

Looking Glass Labs's Net Cash per Share for the quarter that ended in Jan. 2024 is calculated as

Net Cash per Share (Q: Jan. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.423-1.423-0)/1.98584
=-0.50

* 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.


Looking Glass Labs  (AQSE:NFTX) 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.


Looking Glass Labs Net Cash per Share Related Terms

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Looking Glass Labs (AQSE:NFTX) Business Description

Traded in Other Exchanges
Address
1890-1075 West Georgia Street, Vancouver, BC, CAN, V6E 3C9
Looking Glass Labs Ltd is a digital agency for the Metaverse. It partners with and supports NFT collections to earn revenues from drops and royalties from secondary market re-sales. It provides services which include NFT Marketing, Partnerships & Collaborations, Development & Minting Services, Community Growth & Moderation, Brand Design & Management, Smart Contracts, Legal Services, and Metaverse Integration. The company operates within two geographic areas, Canada and Vietnam and has one operating segment which is the design, development, and sale of exclusive Non-Fungible Tokens (NFTs). It earns majority of its revenue from its operations in Canada.

Looking Glass Labs (AQSE:NFTX) Headlines

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