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Aartech Solonics (BOM:542580) Net Cash per Share : ₹-0.18 (As of Mar. 2024)


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What is Aartech Solonics 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). Aartech Solonics's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹-0.18.

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

During the past 10 years, the highest Price-to-Net-Cash Ratio of Aartech Solonics was 11.48. The lowest was 7.44. And the median was 9.46.

BOM:542580's Price-to-Net-Cash is not ranked *
in the Industrial Products industry.
Industry Median: 8.115
* Ranked among companies with meaningful Price-to-Net-Cash only.

Aartech Solonics Net Cash per Share Historical Data

The historical data trend for Aartech Solonics'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.

Aartech Solonics Net Cash per Share Chart

Aartech Solonics Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar20 Mar21 Mar22 Mar23 Mar24
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.00 3.59 -1.56 -0.18

Aartech Solonics Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 3.59 -0.04 -1.56 -2.44 -0.18

Competitive Comparison of Aartech Solonics's Net Cash per Share

For the Electrical Equipment & Parts subindustry, Aartech Solonics'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.


Aartech Solonics's Price-to-Net-Cash Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Aartech Solonics's Price-to-Net-Cash distribution charts can be found below:

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



Aartech Solonics 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.

Aartech Solonics'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)
=(113.977-115.831-0.041)/10.5901
=-0.18

Aartech Solonics'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)
=(113.977-115.831-0.041)/10.5901
=-0.18

* 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.


Aartech Solonics  (BOM:542580) 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.


Aartech Solonics Net Cash per Share Related Terms

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Aartech Solonics (BOM:542580) Business Description

Traded in Other Exchanges
Address
E-2/57, Ashirvad, Arera Colony, Bhopal, MP, IND, 462016
Aartech Solonics Ltd is a system solution-oriented research and development enterprise in the field of specialized and selected energy appliances. The company is involved in the manufacturing of electricity distribution and control apparatus such as switches, fuses, voltage limiters, surge suppressors, junction boxes and others for a voltage exceeding 1000 volts; similar apparatus including relays, sockets and others for a voltage not exceeding 1000 volts; boards, panels, consoles, cabinets and other bases equipped with two or more of the above apparatus for electricity control or distribution of electricity including power capacitors. It serves Renewable Energy; Power; Heavy Engineering; Defense and Exploration; Helth Care; Information Technology and Telecom; and other industries.

Aartech Solonics (BOM:542580) Headlines

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