Sovereign Cloud Holdings (ASX:SOV) Net Cash per Share : A$-0.01 (As of Dec. 2023)

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What is Sovereign Cloud Holdings 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). Sovereign Cloud Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 was A$-0.01.

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

During the past 4 years, the highest Price-to-Net-Cash Ratio of Sovereign Cloud Holdings was 12.73. The lowest was 1.90. And the median was 6.71.

ASX:SOV's Price-to-Net-Cash is not ranked ^*
in the Software industry.
Industry Median: 8.37
* Ranked among companies with meaningful Price-to-Net-Cash only.

Sovereign Cloud Holdings Net Cash per Share Historical Data

The historical data trend for Sovereign Cloud 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.

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Sovereign Cloud Holdings Net Cash per Share Chart

Sovereign Cloud Holdings Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Net Cash per Share

0.10

0.03

0.08

0.01

Sovereign Cloud Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Cash per Share	Get a 7-Day Free Trial			0.12	0.08	0.01	0.01	-0.01

Competitive Comparison of Sovereign Cloud Holdings's Net Cash per Share

For the Software - Infrastructure subindustry, Sovereign Cloud 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.

Sovereign Cloud Holdings's Price-to-Net-Cash Distribution in the Software Industry

For the Software industry and Technology sector, Sovereign Cloud Holdings's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Sovereign Cloud Holdings's Price-to-Net-Cash falls into.

Sovereign Cloud 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.

Sovereign Cloud 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 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(11.64	-	9.039	-	0)	/	424.447
=	0.01

Sovereign Cloud Holdings's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

	Net Cash per Share (Q: Dec. 2023 )
=	(Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(4.666	-	7.001	-	0)	/	424.447
=	-0.01

Sovereign Cloud Holdings (ASX:SOV) 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.

Sovereign Cloud Holdings Net Cash per Share Related Terms

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Sovereign Cloud Holdings (ASX:SOV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sovereign Cloud Holdings Ltd (ASX:SOV) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

15-21 Beaconsfield Street, Unit 7, Fyshwick, ACT, AUS, 2609

Website

https://www.australiacloud.com.au

Sovereign Cloud Holdings Ltd provides sovereign cloud services to Australian Governments and critical national industries. It has built a cloud-based platform, which is accredited by Government standards to PROTECTED controls or higher. The platform is available to rent computation cycles and data storage to customers on a pay-as-you-go basis, referred to as Infrastructure as a Service (IaaS).

Sovereign Cloud Holdings (ASX:SOV) Headlines

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