GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Thai Steel Cable PCL (BKK:TSC) » Definitions » Net Cash per Share

Thai Steel Cable PCL (BKK:TSC) Net Cash per Share : ฿-0.97 (As of Mar. 2024)


View and export this data going back to 2005. Start your Free Trial

What is Thai Steel Cable PCL 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). Thai Steel Cable PCL's Net Cash per Share for the quarter that ended in Mar. 2024 was ฿-0.97.

The historical rank and industry rank for Thai Steel Cable PCL'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 Thai Steel Cable PCL was 28.68. The lowest was 28.68. And the median was 28.68.

BKK:TSC's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.24
* Ranked among companies with meaningful Price-to-Net-Cash only.

Thai Steel Cable PCL Net Cash per Share Historical Data

The historical data trend for Thai Steel Cable PCL'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.

Thai Steel Cable PCL Net Cash per Share Chart

Thai Steel Cable PCL Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.95 -0.44 -0.74 -1.30 -1.20

Thai Steel Cable PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.37 -1.34 -1.20 -0.60 -0.97

Competitive Comparison of Thai Steel Cable PCL's Net Cash per Share

For the Auto Parts subindustry, Thai Steel Cable PCL'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.


Thai Steel Cable PCL's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Thai Steel Cable PCL's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Thai Steel Cable PCL's Price-to-Net-Cash falls into.



Thai Steel Cable PCL 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.

Thai Steel Cable PCL's Net Cash per Share for the fiscal year that ended in Sep. 2023 is calculated as

Net Cash per Share (A: Sep. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(419.519-729.997-0)/259.8
=-1.20

Thai Steel Cable PCL's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(392.71-644.628-0)/259.8
=-0.97

* 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.


Thai Steel Cable PCL  (BKK:TSC) 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.


Thai Steel Cable PCL Net Cash per Share Related Terms

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


Thai Steel Cable PCL (BKK:TSC) Business Description

Traded in Other Exchanges
N/A
Address
700/737, Moo. 1, Tambol Panthong, Amphur Panthong, Chonburi, THA, 20160
Thai Steel Cable PCL is a Thailand-based company engaged in the manufacture and sales of control cables, parts, and equipment for vehicles and motorcycles. Its products are divided into three categories: Automobile control cables which include products like accelerator cables, door lock cables, fuel lid opener cables, hood release cables, parking brake cables, seat belt cables, transmission cables, and trunk opener cables; Motorcycle control cables which include brake cables, clutch cables, seat lock cables, speedometer cables, tachometer cables, and throttle cables, and Automobile window regulators. The company operates only in Thailand.

Thai Steel Cable PCL (BKK:TSC) Headlines

From GuruFocus

Tractor Supply Recognized for ESG Achievements

By Business Wire Business Wire 01-27-2022

STONE POINT CAPITAL LLC Buys 2, Sells 3 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-04-2022

Chartwell Investment Partners Launches Short Duration Bond Fund (CWSDX)

By Business Wire Business Wire 09-30-2021