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Yash Innoventures (BOM:523650) Net Cash per Share : ₹-19.44 (As of Mar. 2024)


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What is Yash Innoventures 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). Yash Innoventures's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-19.44.

The historical rank and industry rank for Yash Innoventures'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 Yash Innoventures was 21.97. The lowest was 21.97. And the median was 21.97.

BOM:523650's Price-to-Net-Cash is not ranked *
in the Real Estate industry.
Industry Median: 5.63
* Ranked among companies with meaningful Price-to-Net-Cash only.

Yash Innoventures Net Cash per Share Historical Data

The historical data trend for Yash Innoventures'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.

Yash Innoventures Net Cash per Share Chart

Yash Innoventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 -8.57 -17.56 -22.62 -19.44

Yash Innoventures 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 -22.62 - -18.70 - -19.44

Competitive Comparison of Yash Innoventures's Net Cash per Share

For the Real Estate Services subindustry, Yash Innoventures'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.


Yash Innoventures's Price-to-Net-Cash Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Yash Innoventures's Price-to-Net-Cash distribution charts can be found below:

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



Yash Innoventures 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.

Yash Innoventures's Net Cash per Share for the fiscal year that ended in Mar. 2024 is calculated as

Net Cash per Share (A: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.721-131.395-0)/6.72115
=-19.44

Yash Innoventures'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)
=(0.721-131.395-0)/6.72115
=-19.44

* 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.


Yash Innoventures  (BOM:523650) 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.


Yash Innoventures Net Cash per Share Related Terms

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Yash Innoventures (BOM:523650) Business Description

Traded in Other Exchanges
N/A
Address
S.G.Highway, Behind Prahladnagar Garden, 1st Floor, Corporate House No. 3, Parshwanath Business Park, Ahmedabad, GJ, IND, 380014
Yash Innoventures Ltd, formerly Redex Protech Ltd operates in the fire extinguisher equipment industry. The company is engaged in the manufacturing fire extinguisher equipment, smoke alarms, and smoke detectors. The company is operating in two segments i.e. Construction & Infrastructure and Fire Extinguisher. The maximum contribution of revenue consists of rental income which is generated from the leasing of the property.

Yash Innoventures (BOM:523650) Headlines

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