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FCHS (First Choice Healthcare Solutions) Net Cash per Share : $-1.06 (As of Jun. 2024)


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What is First Choice Healthcare Solutions 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). First Choice Healthcare Solutions's Net Cash per Share for the quarter that ended in Jun. 2024 was $-1.06.

The historical rank and industry rank for First Choice Healthcare Solutions's Net Cash per Share or its related term are showing as below:

FCHS's Price-to-Net-Cash is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 7.92
* Ranked among companies with meaningful Price-to-Net-Cash only.

First Choice Healthcare Solutions Net Cash per Share Historical Data

The historical data trend for First Choice Healthcare Solutions'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.

First Choice Healthcare Solutions Net Cash per Share Chart

First Choice Healthcare Solutions Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Net Cash per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 -0.15 -0.21 -0.82 -0.96

First Choice Healthcare Solutions Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec22 Mar23 Jun23 Dec23 Mar24 Jun24
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 - - -0.96 -1.00 -1.06

Competitive Comparison of First Choice Healthcare Solutions's Net Cash per Share

For the Medical Care Facilities subindustry, First Choice Healthcare Solutions'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.


First Choice Healthcare Solutions's Price-to-Net-Cash Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, First Choice Healthcare Solutions's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where First Choice Healthcare Solutions's Price-to-Net-Cash falls into.



First Choice Healthcare Solutions 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.

First Choice Healthcare Solutions'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)
=(0.013-31.653-0)/32.9583
=-0.96

First Choice Healthcare Solutions's Net Cash per Share for the quarter that ended in Jun. 2024 is calculated as

Net Cash per Share (Q: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.002-34.833-0)/32.9583
=-1.06

* 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.


First Choice Healthcare Solutions  (OTCPK:FCHS) 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.


First Choice Healthcare Solutions Net Cash per Share Related Terms

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First Choice Healthcare Solutions Business Description

Traded in Other Exchanges
N/A
Address
95 Bulldog Boulevard, Suite 202, Melbourne, FL, USA, 32901
First Choice Healthcare Solutions Inc is engaged in implementing a defined growth strategy aimed at building a network of localized, integrated healthcare services platforms comprised of primary care using doctors, nurse practitioners, health and well services (anti-aging, weight management and stem cells), rehabilitative therapy, pain management, and pharmacy- services. in markets throughout the U.S.
Executives
Gary Pickett officer: Chief Financial Officer 9958 LAKE SEMINOLE DR. W., LARGO FL 33773
Michael J. West other: Former Officer and Owner 16325 EAST DORADO AVE., CENTENNIAL CO 80111
Stephen H. West director, officer: Secretary 16325 EAST DORADO AVE., CENTENNIAL CO 80111

First Choice Healthcare Solutions Headlines

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