Covista Communications (Covista Communications) Net Cash per Share : $-0.24 (As of Apr. 2005)

Covista Communications Net Cash per Share Chart

Covista Communications Annual Data
	Trend	Jan96	Jan97	Jan98	Jan99	Jan00	Jan01	Jan02	Jan03	Jan04	Jan05
Net Cash per Share		Get a 7-Day Free Trial					-3.78	-2.57	-2.20	-1.03	-0.29

Covista Communications Quarterly Data
	Jul00	Oct00	Jan01	Apr01	Jul01	Oct01	Jan02	Apr02	Jul02	Oct02	Jan03	Apr03	Jul03	Oct03	Jan04	Apr04	Jul04	Oct04	Jan05	Apr05
Net Cash per Share	Get a 7-Day Free Trial															-1.05	-1.03	-0.39	-0.29	-0.24

Competitive Comparison of Covista Communications's Net Cash per Share

For the Telecom Services subindustry, Covista Communications'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.

Covista Communications's Price-to-Net-Cash Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Covista Communications's Price-to-Net-Cash distribution charts can be found below:

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

Covista Communications 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.

Covista Communications's Net Cash per Share for the fiscal year that ended in Jan. 2005 is calculated as

Covista Communications's Net Cash per Share for the quarter that ended in Apr. 2005 is calculated as

* 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.

Covista Communications  (OTCPK:CVST) 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.

Covista Communications Net Cash per Share Related Terms

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

Covista Communications (Covista Communications) Business Description