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Coil Tubing Technology (Coil Tubing Technology) Net Cash per Share : $-0.32 (As of Sep. 2015)


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What is Coil Tubing Technology 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). Coil Tubing Technology's Net Cash per Share for the quarter that ended in Sep. 2015 was $-0.32.

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

CTBG's Price-to-Net-Cash is not ranked *
in the Oil & Gas industry.
Industry Median: 4.545
* Ranked among companies with meaningful Price-to-Net-Cash only.

Coil Tubing Technology Net Cash per Share Historical Data

The historical data trend for Coil Tubing Technology'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.

Coil Tubing Technology Net Cash per Share Chart

Coil Tubing Technology Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Net Cash per Share
-0.21 - -0.04 -0.26

Coil Tubing Technology Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -0.04 -0.26 -0.33 -0.32 -0.32

Competitive Comparison of Coil Tubing Technology's Net Cash per Share

For the Oil & Gas Equipment & Services subindustry, Coil Tubing Technology'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.


Coil Tubing Technology's Price-to-Net-Cash Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Coil Tubing Technology's Price-to-Net-Cash distribution charts can be found below:

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



Coil Tubing Technology 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.

Coil Tubing Technology's Net Cash per Share for the fiscal year that ended in Dec. 2014 is calculated as

Net Cash per Share (A: Dec. 2014 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.28-5.391-0)/15.6518
=-0.26

Coil Tubing Technology's Net Cash per Share for the quarter that ended in Sep. 2015 is calculated as

Net Cash per Share (Q: Sep. 2015 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.676-5.745--0.055)/15.6324
=-0.32

* 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.


Coil Tubing Technology  (OTCPK:CTBG) 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.


Coil Tubing Technology Net Cash per Share Related Terms

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Coil Tubing Technology (Coil Tubing Technology) Business Description

Traded in Other Exchanges
N/A
Address
22305 Gosling Road, Spring, TX, USA, 77389
Coil Tubing Technology Inc is a United States based company. The firm provides coil tubing products and service solutions to oil and gas clients. It is engaged in the development and marketing of specialty tools and related technical solutions used with coil tubing and jointed pipe in the bottomhole assembly for the exploration and production of hydrocarbons. Its products portfolio includes jet hammer tool, jet nozzle, oscillator, rotating tool, amplidyne, and ampli-max.

Coil Tubing Technology (Coil Tubing Technology) Headlines

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