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Freedom Internet Group (Freedom Internet Group) Net Cash per Share : $0.02 (As of Jan. 2023)


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What is Freedom Internet Group 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). Freedom Internet Group's Net Cash per Share for the quarter that ended in Jan. 2023 was $0.02.

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

FIGI's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29
* Ranked among companies with meaningful Price-to-Net-Cash only.

Freedom Internet Group Net Cash per Share Historical Data

The historical data trend for Freedom Internet Group'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.

Freedom Internet Group Net Cash per Share Chart

Freedom Internet Group Annual Data
Trend Oct19 Oct20 Oct21 Oct22
Net Cash per Share
-0.06 0.09 0.07 0.03

Freedom Internet Group Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.06 0.05 0.04 0.03 0.02

Competitive Comparison of Freedom Internet Group's Net Cash per Share

For the Asset Management subindustry, Freedom Internet Group'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.


Freedom Internet Group's Price-to-Net-Cash Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Freedom Internet Group's Price-to-Net-Cash distribution charts can be found below:

* The bar in red indicates where Freedom Internet Group's Price-to-Net-Cash falls into.



Freedom Internet Group 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.

Freedom Internet Group's Net Cash per Share for the fiscal year that ended in Oct. 2022 is calculated as

Net Cash per Share (A: Oct. 2022 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.313-0.014-0)/11.1322
=0.03

Freedom Internet Group's Net Cash per Share for the quarter that ended in Jan. 2023 is calculated as

Net Cash per Share (Q: Jan. 2023 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.276-0.022-0)/11.1322
=0.02

* 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.


Freedom Internet Group  (OTCPK:FIGI) 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.


Freedom Internet Group Net Cash per Share Related Terms

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Freedom Internet Group (Freedom Internet Group) Business Description

Traded in Other Exchanges
N/A
Address
151 Calle San Francisco, Suite 200, San Juan, PRI, 00901
Freedom Internet Group Inc is engaged in the business of acquiring, holding, and managing royalty interests derived from Internet-based businesses, referred to as operators. The purchase of royalty interests by a company enables entrepreneurs to raise non-dilutive capital and retain control of their businesses. The company generates revenue from physical or digital product sales, subscriptions, and advertising.
Executives
Noah Rosenfarb director, 10 percent owner, officer: CFO 12178 NW 69TH CT PARKLAND FL 33076
Ronald Rosenfarb director, officer: COO 4123 ISLA VERDE AVE APT 1505 CAROLINA PR 00979
Alton Chapman director, 10 percent owner, officer: CEO 3460 KINGSBORO RD NE APT 640 ATLANTA GA 30326

Freedom Internet Group (Freedom Internet Group) Headlines

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