GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atlas Arteria Ltd (ASX:ALX) » Definitions » Net Cash per Share

Atlas Arteria (ASX:ALX) Net Cash per Share : A$-1.07 (As of Jun. 2024)


View and export this data going back to 2010. Start your Free Trial

What is Atlas Arteria 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). Atlas Arteria's Net Cash per Share for the quarter that ended in Jun. 2024 was A$-1.07.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Atlas Arteria was 52.97. The lowest was 21.91. And the median was 52.43.

ASX:ALX's Price-to-Net-Cash is not ranked *
in the Construction industry.
Industry Median: 7
* Ranked among companies with meaningful Price-to-Net-Cash only.

Atlas Arteria Net Cash per Share Historical Data

The historical data trend for Atlas Arteria'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.

Atlas Arteria Net Cash per Share Chart

Atlas Arteria Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.94 -1.34 -1.45 -0.90 -3.01

Atlas Arteria Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -1.51 -0.90 -1.13 -3.01 -1.07

Competitive Comparison of Atlas Arteria's Net Cash per Share

For the Infrastructure Operations subindustry, Atlas Arteria'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.


Atlas Arteria's Price-to-Net-Cash Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atlas Arteria's Price-to-Net-Cash distribution charts can be found below:

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



Atlas Arteria 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.

Atlas Arteria's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(305.3-1809.1-2865.2)/1450.83
=-3.01

Atlas Arteria's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(229.5-1781.1-0)/1450.83
=-1.07

* 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.


Atlas Arteria  (ASX:ALX) 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.


Atlas Arteria Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Atlas Arteria's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Atlas Arteria Business Description

Traded in Other Exchanges
Address
180 Flinders Street, Level 1, Melbourne, VIC, AUS, 3000
Atlas Arteria is a global toll-road investor created out of the reorganization of Macquarie Infrastructure Group in 2010. The firm's main asset is a 30.82% stake in Autoroutes Paris-Rhin-Rhone, or APRR. APRR owns concessions to toll more than 2,300 kilometers of motorways in eastern France, most ending late 2035. The firm also wholly owns the Dulles Greenway and 66.67% of the Chicago Skyway, both in the US.