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ClearOne (ClearOne) Net Cash per Share : $0.64 (As of Dec. 2023)


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What is ClearOne 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). ClearOne's Net Cash per Share for the quarter that ended in Dec. 2023 was $0.64.

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

CLRO' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 1.39   Med: 12.31   Max: 57.47
Current: 1.41

During the past 13 years, the highest Price-to-Net-Cash Ratio of ClearOne was 57.47. The lowest was 1.39. And the median was 12.31.

CLRO's Price-to-Net-Cash is ranked better than
93.75% of 656 companies
in the Hardware industry
Industry Median: 8.07 vs CLRO: 1.41

ClearOne Net Cash per Share Historical Data

The historical data trend for ClearOne'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.

ClearOne Net Cash per Share Chart

ClearOne Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.40 -0.53 -0.36 0.64

ClearOne Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.36 2.14 0.55 0.51 0.64

Competitive Comparison of ClearOne's Net Cash per Share

For the Communication Equipment subindustry, ClearOne'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.


ClearOne's Price-to-Net-Cash Distribution in the Hardware Industry

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

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



ClearOne 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.

ClearOne's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(21.315-6.009-0)/23.9692
=0.64

ClearOne's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(21.315-6.009-0)/23.9692
=0.64

* 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.


ClearOne  (NAS:CLRO) 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.


ClearOne Net Cash per Share Related Terms

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


ClearOne (ClearOne) Business Description

Traded in Other Exchanges
N/A
Address
5225 Wiley Post Way, Suite 500, Salt Lake City, UT, USA, 84116
ClearOne Inc is a communications solutions company, which is engaged in designing, developing, and selling conferencing, collaboration, streaming, and digital signage solutions for audio, video, and visual communication. It sells its commercial products to end-users primarily through a network of independent distributors, who in turn sells its products to dealers, systems integrators, and other resellers. Its products include professional audio, network media streaming, and professional microphones. Geographically the firm has its business presence across the US and international market.
Executives
Edward D Bagley director, 10 percent owner 2350 OAK HILL LANE, SALT LAKE CITY UT 84121
Larry Hendricks director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Derek Graham officer: Interim CEO C/O CLEARONE, INC., 5225 WILEY POST WAY, STE. 500, SALT LAKE CITY UT 84116
Clearone, Inc. officer: Interim CEO 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Zeynep Hakimoglu officer: VP of Product Management 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Bruce Whaley director C/O CLEARONE, EDGEWATER CORPORATE PARK, S. TOWER, 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Narasimhan Narayanan officer: VP FINANCE 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Lisa Higley director C/O CLEARONE INC., 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
E Bryan Bagley 10 percent owner 1470 ARLINGTON DR, SALT LAKE CITY UT 84103
Scott Huntsman director 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116
Brad Baldwin director 3607 APPLEMILL COVE, SALT LAKE CITY UT 84109
Eric L Robinson director 551 EAST INDIAN SPRINGS ROAD, BOUNTIFUL UT 84010
Michael J Braithwaite officer: SVP 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY X1 84116
Joseph Paul Sorrentino officer: EXEC VP OF SALES 1825 RESEARCH WAY, SALT LAKE CITY UT 84119
Mark Allen Fletcher officer: VP OF WORLDWIDE SALES 5225 WILEY POST WAY, SUITE 500, SALT LAKE CITY UT 84116