GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Denali Capital Acquisition Corp (NAS:DECA) » Definitions » Net Cash per Share

Denali Capital Acquisition (Denali Capital Acquisition) Net Cash per Share : $-1.25 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Denali Capital Acquisition 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). Denali Capital Acquisition's Net Cash per Share for the quarter that ended in Mar. 2024 was $-1.25.

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

DECA's Price-to-Net-Cash is not ranked *
in the Diversified Financial Services industry.
Industry Median: 2
* Ranked among companies with meaningful Price-to-Net-Cash only.

Denali Capital Acquisition Net Cash per Share Historical Data

The historical data trend for Denali Capital Acquisition'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.

Denali Capital Acquisition Net Cash per Share Chart

Denali Capital Acquisition Annual Data
Trend Dec22 Dec23
Net Cash per Share
-0.31 -1.17

Denali Capital Acquisition Quarterly Data
Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Cash per Share Get a 7-Day Free Trial Premium Member Only -0.49 -0.61 -0.73 -1.17 -1.25

Competitive Comparison of Denali Capital Acquisition's Net Cash per Share

For the Shell Companies subindustry, Denali Capital Acquisition'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.


Denali Capital Acquisition's Price-to-Net-Cash Distribution in the Diversified Financial Services Industry

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

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



Denali Capital Acquisition 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.

Denali Capital Acquisition'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)
=(0.204-8.491-0)/7.11033
=-1.17

Denali Capital Acquisition's Net Cash per Share for the quarter that ended in Mar. 2024 is calculated as

Net Cash per Share (Q: Mar. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.001-8.887-0)/7.11033
=-1.25

* 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.


Denali Capital Acquisition  (NAS:DECA) 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.


Denali Capital Acquisition Net Cash per Share Related Terms

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


Denali Capital Acquisition (Denali Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
437 Madison Avenue, 27th Floor, New York, NY, USA, 10022
Website
Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Huifeng Chang director 10 EASTERN DRIVE, PRINCENTON JUNCTION NJ 08550
Kevin Vassily director C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Lei Huang director, officer: Chief Executive Officer 3 STONER AVE, GREAT NECK NY 10021
Jim Mao director C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
You Sun officer: Chief Financial Officer C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jiandong Xu 10 percent owner C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Denali Capital Global Investments Llc 10 percent owner C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022

Denali Capital Acquisition (Denali Capital Acquisition) Headlines

From GuruFocus