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Australian Bond Exchange Holdings (ASX:ABE) Net Cash per Share : A$0.00 (As of Dec. 2023)


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What is Australian Bond Exchange Holdings 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). Australian Bond Exchange Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was A$0.00.

The historical rank and industry rank for Australian Bond Exchange Holdings's Net Cash per Share or its related term are showing as below:

ASX:ABE' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.2   Med: 6.12   Max: 8
Current: 1.2

During the past 3 years, the highest Price-to-Net-Cash Ratio of Australian Bond Exchange Holdings was 8.00. The lowest was 1.20. And the median was 6.12.

ASX:ABE's Price-to-Net-Cash is ranked better than
88.18% of 203 companies
in the Capital Markets industry
Industry Median: 6.76 vs ASX:ABE: 1.20

Australian Bond Exchange Holdings Net Cash per Share Historical Data

The historical data trend for Australian Bond Exchange Holdings'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.

Australian Bond Exchange Holdings Net Cash per Share Chart

Australian Bond Exchange Holdings Annual Data
Trend Jun21 Jun22 Jun23
Net Cash per Share
0.21 0.08 0.02

Australian Bond Exchange Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Net Cash per Share 0.11 0.08 0.05 0.02 -

Competitive Comparison of Australian Bond Exchange Holdings's Net Cash per Share

For the Capital Markets subindustry, Australian Bond Exchange Holdings'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.

Australian Bond Exchange Holdings's Price-to-Net-Cash Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Australian Bond Exchange Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Australian Bond Exchange Holdings's Price-to-Net-Cash falls into.


Australian Bond Exchange Holdings 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.

Australian Bond Exchange Holdings's Net Cash per Share for the fiscal year that ended in Jun. 2023 is calculated as

Net Cash per Share (A: Jun. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(5.863+0.302-3.556-0)/114.859
=0.02

Australian Bond Exchange Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.545+0.24-2.943-0.033)/114.859
=-0.00

* 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.

Australian Bond Exchange Holdings  (ASX:ABE) 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.

Australian Bond Exchange Holdings Net Cash per Share Related Terms

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Australian Bond Exchange Holdings (ASX:ABE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Australian Bond Exchange Holdings Ltd (ASX:ABE) » Definitions » Net Cash per Share
Comparable Companies
ASX:FFG ASX:EQS ASX:FNX ASX:BIR ASX:ASW ASX:AFA ASX:SWF ASX:RZI MS GS SCHW SHSE:600030 ASX:MQG BSP:BPAC3 SHSE:601066 RJF TW SHSE:601688 HKSE:03908 SHSE:601211
Traded in Other Exchanges
N/A
Address
15 Castlereagh St, Level 19, Sydney, NSW, AUS, 2000
Website
https://www.bondexchange.com.au
Australian Bond Exchange Holdings Ltd is engaged in provision of financial advice and dealing services in the OTC bond market to funds, ADIs and individuals and advisory services to Australian companies. The company generates revenue from Securities trading; Brokerage on transactions as part of financial advice and dealing services division; and Origination and arranging fees.