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EURK (Eureka Acquisition) Net Cash per Share : $0.06 (As of Dec. 2024)


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What is Eureka 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). Eureka Acquisition's Net Cash per Share for the quarter that ended in Dec. 2024 was $0.06.

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

EURK' s Price-to-Net-Cash Range Over the Past 10 Years
Min: 125.75   Med: 147.46   Max: 172.67
Current: 172.17

During the past 2 years, the highest Price-to-Net-Cash Ratio of Eureka Acquisition was 172.67. The lowest was 125.75. And the median was 147.46.

EURK's Price-to-Net-Cash is ranked worse than
97.92% of 192 companies
in the Diversified Financial Services industry
Industry Median: 1.19 vs EURK: 172.17

Eureka Acquisition Net Cash per Share Historical Data

The historical data trend for Eureka 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.

Eureka Acquisition Net Cash per Share Chart

Eureka Acquisition Annual Data
Trend Sep23 Sep24
Net Cash per Share
- 0.08

Eureka Acquisition Quarterly Data
Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Cash per Share Get a 7-Day Free Trial -0.05 -0.06 -0.05 0.08 0.06

Competitive Comparison of Eureka Acquisition's Net Cash per Share

For the Shell Companies subindustry, Eureka 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.


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

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

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


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Eureka 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.

Eureka Acquisition's Net Cash per Share for the fiscal year that ended in Sep. 2024 is calculated as

Net Cash per Share (A: Sep. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.67-0.05-0)/7.646
=0.08

Eureka Acquisition's Net Cash per Share for the quarter that ended in Dec. 2024 is calculated as

Net Cash per Share (Q: Dec. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.552-0.058-0)/7.646
=0.06

* 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.


Eureka Acquisition  (NAS:EURK) 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.


Eureka Acquisition Net Cash per Share Related Terms

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Eureka Acquisition Business Description

Traded in Other Exchanges
N/A
Address
Fortress Tower, 250 King’s Road, Suite 1608, 16th Floor, North Point, Hong Kong, HKG, 200030
Website
Eureka Acquisition Corp is a newly incorporated blank check company.