GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Housing Development Finance Corp Ltd (BOM:500010) » Definitions » Net Cash per Share

Housing Development Finance (BOM:500010) Net Cash per Share : ₹-4,831.93 (As of Mar. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Housing Development Finance 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). Housing Development Finance's Net Cash per Share for the quarter that ended in Mar. 2023 was ₹-4,831.93.

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

BOM:500010's Price-to-Net-Cash is not ranked *
in the Banks industry.
Industry Median: 17.26
* Ranked among companies with meaningful Price-to-Net-Cash only.

Housing Development Finance Net Cash per Share Historical Data

The historical data trend for Housing Development Finance'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.

Housing Development Finance Net Cash per Share Chart

Housing Development Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,157.86 -3,451.15 -3,711.55 -4,323.13 -4,831.93

Housing Development Finance Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 -4,323.13 - -4,546.41 - -4,831.93

Competitive Comparison of Housing Development Finance's Net Cash per Share

For the Mortgage Finance subindustry, Housing Development Finance'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.


Housing Development Finance's Price-to-Net-Cash Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Housing Development Finance's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Housing Development Finance's Price-to-Net-Cash falls into.



Housing Development Finance 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.

Housing Development Finance's Net Cash per Share for the fiscal year that ended in Mar. 2023 is calculated as

Net Cash per Share (A: Mar. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(36080.8+0-8762160.7-138382.9)/1834.56
=-4,831.93

Housing Development Finance's Net Cash per Share for the quarter that ended in Mar. 2023 is calculated as

Net Cash per Share (Q: Mar. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(36080.8+0-8762160.7-138382.9)/1834.56
=-4,831.93

* 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.


Housing Development Finance  (BOM:500010) 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.


Housing Development Finance Net Cash per Share Related Terms

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


Housing Development Finance (BOM:500010) Business Description

Traded in Other Exchanges
N/A
Address
HDFC House, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
Housing Development Finance Corp Ltd provides housing finance services to customers in India, with a limited number of other international operations. The company is engaged in conservative lending practices through its retail mortgage business, while its customers are mostly first-time homebuyers. The initiation of housing loans, including home improvement and home extension loans, remains as the core business of the company. The company is also engaged in risk management strategies that include derivative securities. Its segments include Loans, Life Insurance, General Insurance, Asset Management, and Others. Geographically, it generates nearly all of its revenue from India.

Housing Development Finance (BOM:500010) Headlines

No Headlines