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Cannagistics (Cannagistics) Net Cash per Share : $-0.03 (As of Apr. 2022)


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What is Cannagistics 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). Cannagistics's Net Cash per Share for the quarter that ended in Apr. 2022 was $-0.03.

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

CNGT's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.67
* Ranked among companies with meaningful Price-to-Net-Cash only.

Cannagistics Net Cash per Share Historical Data

The historical data trend for Cannagistics'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.

Cannagistics Net Cash per Share Chart

Cannagistics Annual Data
Trend Jul08 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.11 -0.19 -0.04 -0.04 -0.03

Cannagistics Quarterly Data
Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22
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 -0.03 -0.03 -0.03 -0.02 -0.03

Competitive Comparison of Cannagistics's Net Cash per Share

For the Shell Companies subindustry, Cannagistics'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.


Cannagistics's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Cannagistics's Price-to-Net-Cash distribution charts can be found below:

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



Cannagistics 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.

Cannagistics's Net Cash per Share for the fiscal year that ended in Jul. 2021 is calculated as

Net Cash per Share (A: Jul. 2021 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.03-5.692-0)/189.562
=-0.03

Cannagistics's Net Cash per Share for the quarter that ended in Apr. 2022 is calculated as

Net Cash per Share (Q: Apr. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0-6.706-0)/266.425
=-0.03

* 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.


Cannagistics  (OTCPK:CNGT) 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.


Cannagistics Net Cash per Share Related Terms

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Cannagistics (Cannagistics) Business Description

Traded in Other Exchanges
N/A
Address
1200 Veterans Highway, Suite 310, Hauppauge, NY, USA, 11788
Cannagistics Inc currently has no business operation.

Cannagistics (Cannagistics) Headlines