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Atlantic Insurance Co Public (CYS:ATL) Net Cash per Share : €-0.45 (As of Dec. 2023)


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What is Atlantic Insurance Co Public Net Cash per Share?

Net Cash per Share is calculated as Balance Sheet Cash And Cash Equivalents plus Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Atlantic Insurance Co Public's Net Cash per Share for the quarter that ended in Dec. 2023 was €-0.45.

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

During the past 13 years, the highest Price-to-Net-Cash Ratio of Atlantic Insurance Co Public was 37.00. The lowest was 19.00. And the median was 28.00.

CYS:ATL's Price-to-Net-Cash is not ranked *
in the Insurance industry.
Industry Median: 4.82
* Ranked among companies with meaningful Price-to-Net-Cash only.

Atlantic Insurance Co Public Net Cash per Share Historical Data

The historical data trend for Atlantic Insurance Co Public'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.

Atlantic Insurance Co Public Net Cash per Share Chart

Atlantic Insurance Co Public 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 -0.54 -0.32 -0.20 -0.27 -0.45

Atlantic Insurance Co Public Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.20 -0.47 -0.27 -0.50 -0.45

Competitive Comparison of Atlantic Insurance Co Public's Net Cash per Share

For the Insurance - Property & Casualty subindustry, Atlantic Insurance Co Public'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.


Atlantic Insurance Co Public's Price-to-Net-Cash Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Atlantic Insurance Co Public's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Atlantic Insurance Co Public's Price-to-Net-Cash falls into.



Atlantic Insurance Co Public 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.

Atlantic Insurance Co Public's Net Cash per Share for the fiscal year that ended in Dec. 2023 is calculated as

Net Cash per Share (A: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.847+0-19.993-0.534)/38.9437
=-0.45

Atlantic Insurance Co Public's Net Cash per Share for the quarter that ended in Dec. 2023 is calculated as

Net Cash per Share (Q: Dec. 2023 )
=(Balance Sheet Cash And Cash Equivalents+Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(2.847+0-19.993-0.534)/38.9437
=-0.45

* 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.


Atlantic Insurance Co Public  (CYS:ATL) 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.


Atlantic Insurance Co Public Net Cash per Share Related Terms

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Atlantic Insurance Co Public (CYS:ATL) Business Description

Traded in Other Exchanges
N/A
Address
15 Esperidon Street, Atlantic Building, Strovolos, CYP, CY-2001
Atlantic Insurance Co Public Ltd is an insurance company based in Cyprus. The company's operating segment includes general Insurance and Financial Services. It generates maximum revenue in the form of Premiums from the Insurance segment. The company offers undertaking of insurance business of the classes such as Motor, Household, Fire and Special Perils, Burglary, Medical, Personal Accident, Health Insurance, Travel, and Marine Cargo and other Property Damage, General Liability, Credit and Guarantees and miscellaneous, general business, the possession of land with the intention of its division into plots and their disposal and the provision of financial consultancy and brokerage services.

Atlantic Insurance Co Public (CYS:ATL) Headlines

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