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ATCH (AtlasClear Holdings) Net Cash per Share : $-1.83 (As of Jun. 2023)


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What is AtlasClear 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). AtlasClear Holdings's Net Cash per Share for the quarter that ended in Jun. 2023 was $-1.83.

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

ATCH's Price-to-Net-Cash is not ranked *
in the Software industry.
Industry Median: 9.035
* Ranked among companies with meaningful Price-to-Net-Cash only.

AtlasClear Holdings Net Cash per Share Historical Data

The historical data trend for AtlasClear 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.

AtlasClear Holdings Net Cash per Share Chart

AtlasClear Holdings Annual Data
Trend Jun22 Jun23
Net Cash per Share
-3.72 -1.83

AtlasClear Holdings Semi-Annual Data
Jun22 Jun23
Net Cash per Share -3.72 -1.83

Competitive Comparison of AtlasClear Holdings's Net Cash per Share

For the Software - Infrastructure subindustry, AtlasClear 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.


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

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

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



AtlasClear 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.

AtlasClear 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)
=(9.098-30.652-0)/11.782
=-1.83

AtlasClear Holdings'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)
=(9.098-30.652-0)/11.782
=-1.83

* 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.


AtlasClear Holdings  (AMEX:ATCH) 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.


AtlasClear Holdings Net Cash per Share Related Terms

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AtlasClear Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4030 Henderson Boulevard, Suite 712, Tampa, FL, USA, 33629
AtlasClear Holdings Inc is a fintech company. Its goal is to build a cutting-edge technology-enabled financial services firm that would create a more efficient platform for trading, clearing, settlement, and banking of evolving and innovative financial products with a focus on financial services firms. It is a fintech-driven business-to-business platform that expects to power innovation in fintech, investing, and trading. The company believes it is positioned to provide a modern, mission-critical suite of solutions to its clients, enabling them to reduce their transaction costs and compete more effectively in their businesses.