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Close The Loop (FRA:GI5) Net Cash per Share : €-0.14 (As of Jun. 2024)


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What is Close The Loop 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). Close The Loop's Net Cash per Share for the quarter that ended in Jun. 2024 was €-0.14.

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

FRA:GI5's Price-to-Net-Cash is not ranked *
in the Waste Management industry.
Industry Median: 8.12
* Ranked among companies with meaningful Price-to-Net-Cash only.

Close The Loop Net Cash per Share Historical Data

The historical data trend for Close The Loop'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.

Close The Loop Net Cash per Share Chart

Close The Loop Annual Data
Trend Jun22 Jun23 Jun24
Net Cash per Share
-0.06 -0.12 -0.14

Close The Loop Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Net Cash per Share Get a 7-Day Free Trial -0.06 -0.07 -0.12 -0.13 -0.14

Competitive Comparison of Close The Loop's Net Cash per Share

For the Waste Management subindustry, Close The Loop'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.


Close The Loop's Price-to-Net-Cash Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Close The Loop's Price-to-Net-Cash distribution charts can be found below:

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



Close The Loop 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.

Close The Loop's Net Cash per Share for the fiscal year that ended in Jun. 2024 is calculated as

Net Cash per Share (A: Jun. 2024 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(25.072-95.901-0.387)/515.657
=-0.14

Close The Loop'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)
=(25.072-95.901-0.387)/515.657
=-0.14

* 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.


Close The Loop  (FRA:GI5) 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.


Close The Loop Net Cash per Share Related Terms

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Close The Loop Business Description

Traded in Other Exchanges
Address
43-47 Cleeland Road, Oakleigh South, Melbourne, VIC, AUS, 3167
Close The Loop Ltd provides reuse, recycling, and sustainability solutions. The company has developed a battery collection and recycling solution in Australia. The group has two operating segments based on differences in products and services provided: resource recovery and packaging.

Close The Loop Headlines

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