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Tuga Innovations (FRA:DQ5) Net Cash per Share : €-0.01 (As of Jul. 2024)


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What is Tuga Innovations 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). Tuga Innovations's Net Cash per Share for the quarter that ended in Jul. 2024 was €-0.01.

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

During the past 4 years, the highest Price-to-Net-Cash Ratio of Tuga Innovations was 10.50. The lowest was 10.50. And the median was 10.50.

FRA:DQ5's Price-to-Net-Cash is not ranked *
in the Vehicles & Parts industry.
Industry Median: 8.92
* Ranked among companies with meaningful Price-to-Net-Cash only.

Tuga Innovations Net Cash per Share Historical Data

The historical data trend for Tuga Innovations'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.

Tuga Innovations Net Cash per Share Chart

Tuga Innovations Annual Data
Trend Jul21 Jul22 Jul23 Jul24
Net Cash per Share
0.01 0.01 -0.01 -0.01

Tuga Innovations Quarterly Data
Jan21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -0.01 -0.01 -0.01 -0.01 -0.01

Competitive Comparison of Tuga Innovations's Net Cash per Share

For the Auto Manufacturers subindustry, Tuga Innovations'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.


Tuga Innovations's Price-to-Net-Cash Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tuga Innovations's Price-to-Net-Cash distribution charts can be found below:

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



Tuga Innovations 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.

Tuga Innovations's Net Cash per Share for the fiscal year that ended in Jul. 2024 is calculated as

Net Cash per Share (A: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.007-0.996-0)/99.1835
=-0.01

Tuga Innovations's Net Cash per Share for the quarter that ended in Jul. 2024 is calculated as

Net Cash per Share (Q: Jul. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.007-0.996-0)/99.1835
=-0.01

* 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.


Tuga Innovations  (FRA:DQ5) 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.


Tuga Innovations Net Cash per Share Related Terms

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Tuga Innovations Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
Tuga Innovations Inc is a development-stage electric vehicle company involved in the conception, design, and production of specialized EVs to improve the urban mobility experience. It is engaged in the reduction of urban mobility difficulties by developing a three-wheeled, fully electric fore-and-aft 2-seat vehicle.

Tuga Innovations Headlines

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