Veefin Solutions (BOM:543931) Net Cash per Share : ₹4.77 (As of Mar. 2024)

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What is Veefin Solutions 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). Veefin Solutions's Net Cash per Share for the quarter that ended in Mar. 2024 was ₹4.77.

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

BOM:543931' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 64.36 Med: 64.36 Max: 66.66
Current: 66.66

During the past 4 years, the highest Price-to-Net-Cash Ratio of Veefin Solutions was 66.66. The lowest was 64.36. And the median was 64.36.

BOM:543931's Price-to-Net-Cash is ranked worse than
91.13% of 857 companies
in the Software industry
Industry Median: 8.08 vs BOM:543931: 66.66

Veefin Solutions Net Cash per Share Historical Data

The historical data trend for Veefin Solutions'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.

Veefin Solutions Net Cash per Share Chart

Veefin Solutions Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Net Cash per Share

-3.65

-3.03

4.77

Veefin Solutions Semi-Annual Data
	Mar21	Mar22	Mar23	Sep23	Mar24
Net Cash per Share	-3.65	-3.03	-	-4.05	4.77

Competitive Comparison of Veefin Solutions's Net Cash per Share

For the Software - Infrastructure subindustry, Veefin Solutions'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.

Veefin Solutions's Price-to-Net-Cash Distribution in the Software Industry

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

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

Veefin Solutions 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.

Veefin Solutions'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)
=	(314.996	-	186.965	-	20.252)	/	22.5731
=	4.77

Veefin Solutions'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)
=	(314.996	-	186.965	-	20.252)	/	22.5731
=	4.77

Veefin Solutions (BOM:543931) 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.

Veefin Solutions Net Cash per Share Related Terms

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Veefin Solutions (BOM:543931) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Veefin Solutions Ltd (BOM:543931) » Definitions » Net Cash per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kirol Road, Office No-601, 602 & 603, Neelkanth Corporate IT Park, Vidhyavihar, Mumbai, MH, IND, 400 086

Website

https://www.veefin.com

Veefin Solutions Ltd is a Digital Lending and Supply Chain Finance (SCF) technology product solutions company based in Mumbai. Supply Chain Finance is a financial tool that is used to help businesses manage their cash flows and improve their working capital. The company provides its product solutions to a wide range of clients globally, including Banks, Non-Banking Financial Institutions, FinTech, Marketplaces, and Corporates. Its technology product solutions are offerings, which are designed with a user-led approach, data, and analytics, and built by experienced bankers for bankers. The company operates in two segments; Supply Chain Finance Technology Solutions and Digital Lending Suite Solutions.

Veefin Solutions (BOM:543931) Headlines

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